Systematic alpha,
scaled by technology.
Meridian & Saturn Capital is an institutional investment platform deploying systematic strategies across China A-shares, convertible bonds, and global markets — engineered on infrastructure designed for empirical rigor at scale.
A cross-sectional equity alpha program across the China A-share universe, heavily beta-neutralised to provide a structural portfolio anchor and uncorrelated pure alpha.
Alpha generated through empirical rigor, compounded by computational scale, and protected by institutional discipline.
A platform built across three dimensions: people, process, and infrastructure.
Built patiently,
over a decade.
Meridian & Saturn Capital was founded in 2016 by a group of researchers and technologists who shared a single conviction: that lasting alpha would not come from clever ideas alone, but from the disciplined integration of those ideas with computational infrastructure built to test them honestly. Ten years later, that conviction has become an institutional platform.
Four operating principles, applied with uncompromising consistency.
Empirical Primacy
Every signal earns its weight in the portfolio through statistical evidence. Narrative without measurement is treated as noise. Backtests are adversarial, not confirmatory.
Computational Scale
Scale of compute is itself a research advantage. Faster cycles mean broader hypothesis spaces, denser feature engineering, and more robust out-of-sample validation.
Risk-First Construction
Portfolios are constructed against explicit factor budgets, drawdown tolerances, and capacity constraints — not as an afterthought, but as the primary design problem.
Institutional Alignment
Capacity is managed against expected alpha decay. Strategies are closed before they degrade. Fee structures and reporting are designed for fiduciaries, not for marketing.
A continuous arc from research lab to institutional platform.
Founded as a quantitative research lab
Originally established to research execution algorithms and microstructure inefficiencies in mainland China equity markets. The first research cluster was sixteen physical machines in a leased Shanghai data centre.
Founding team · 5First proprietary capital deployed
First high-frequency equity strategy went live with internal capital. Within twelve months it had compounded sufficiently to fund a full alpha research program in statistical arbitrage and short-horizon factor models.
Strategies · 1 → 3Singapore office and external capital
Established the Singapore presence as the firm's institutional headquarters. Began accepting external mandates from regional family offices, transitioning from prop shop to investment manager.
First External MandatesMAS CMS licence granted
Awarded a Capital Markets Services licence by the Monetary Authority of Singapore, formalising fund management activities. Index enhancement and global macro programs added to the platform.
Strategies · 5A fully institutional platform
The firm now operates a growing suite of systematic strategies serving institutional capital across Asia-Pacific, anchoring an absolute-return book alongside a maturing program of market-neutral, enhanced-indexing, and global cross-asset strategies.
Headcount · 100+The firm in institutional metrics.
Operating under fiduciary standards, by design.
Meridian & Saturn Capital Pte. Ltd. holds a Capital Markets Services (CMS) licence issued by the Monetary Authority of Singapore. The firm is registered as a fund manager and operates under Singapore's full institutional regulatory framework, including custodial separation, independent administration, and quarterly compliance attestation.
Internal governance is led by an investment committee with veto authority over capacity, leverage, and strategy launches. Compliance, risk, and operations report independently of the investment function. All employees are subject to personal account dealing restrictions and ongoing supervisory monitoring.
The engine
behind every signal.
A modern systematic firm is, in a real sense, an engineering company that happens to deploy capital. The Meridian & Saturn platform integrates research, simulation, execution, and risk into a single coherent stack — built in-house, monitored continuously, and engineered to scale faster than the strategies that depend on it.
Infrastructure scaled to support massive institutional capacity.
Distributed Compute
CPU cluster across multiple regions for backtesting, simulation, and parallel hypothesis search. Average utilisation above 78%.
Accelerator Fleet
Mixed A100, H100, and equivalent accelerators dedicated to deep-learning research, transformer-based time-series, and ensemble training pipelines.
Curated Data
Tick-level market data, fundamentals, sentiment, satellite, and microstructure feeds — point-in-time corrected and survivorship-bias adjusted.
Daily Trading Volume
Processing 30-40 billion RMB daily in USD equivalent volume. Decoding behavioral inefficiencies at the deepest algorithmic level.
Execution Stack
Proprietary Iceberg and Advanced VWAP algorithms dynamically mask our footprint, minimizing hidden execution costs and slippage.
Monitoring
Three-region NOC with continuous coverage of market data integrity, position limits, and PnL drift. Automated reconciliation against prime brokers.
From hypothesis to live capital, in a governed pipeline.
Hypothesis
Ideas are formalised as falsifiable propositions. Submitted to a versioned registry; reviewed by senior research before resources are allocated.
Simulation
Models tested across full point-in-time history with adversarial cross-validation. Out-of-sample windows are isolated and version-locked.
Risk Review
Independent risk committee evaluates capacity, factor exposures, and stress scenarios. Veto authority over portfolio integration.
Paper Trade
Forward simulation against live market data, including realistic transaction costs and impact assumptions. Minimum 90-day window.
Live Capital
Phased capital deployment with automated kill-switches keyed to live behaviour versus prior expectation distributions.
Engineered top to bottom, in-house.
| Layer | Components | Owned | SLA |
|---|---|---|---|
| Data Ingestion | Real-time market data, fundamentals, alternative data, news/sentiment | In-house | 99.99% |
| Storage & Lake | Time-series store, point-in-time database, columnar archive | In-house | 99.99% |
| Research Cluster | Distributed simulation grid, ML training pipelines, hyperparameter search | In-house | 99.95% |
| Portfolio Construction | Risk-budgeted optimiser, factor model, transaction-cost model | In-house | 99.99% |
| Execution | Smart routing, market-impact model, adaptive participation, internal matching | In-house | 99.999% |
| Risk & Compliance | Pre-trade limits, intraday VaR, stress scenarios, compliance attestation | In-house | 99.999% |
Designed for distinct
portfolio roles.
The Meridian & Saturn platform supports a growing suite of fully systematic strategies, each with its own alpha source, capacity profile, and risk budget. They are designed not as variants of one idea but as distinct return streams — pure alpha for absolute-return mandates, enhanced indexing for benchmarked allocators, downside-protection structures, and universal alpha extraction. Strategy materials are made available to qualified institutional investors on request.
China Market Neutral
Systematic long/short equity utilizing machine learning signals with low market beta. Serves as a pure alpha generation engine and a resilient structural portfolio anchor.
Enhanced Indexing
Factor-based portfolios designed to consistently generate excess returns over CSI 300/500/1000 benchmarks. Optimized for high-capacity core allocation.
High-Frequency Intraday
Ultra-short-horizon execution framework designed to capture microstructure and liquidity anomalies, generating high-Sharpe absolute returns.
Systematic Global Macro
Systematic multi-asset trading exploiting inefficiencies driven by global macroeconomic and behavioral cycles, delivering purely uncorrelated absolute return.
Convertible Bonds
Long-only multi-factor strategy systematically capturing structural "downward reset" clauses to provide asymmetric upside with downside-protected equity participation.
Global Equities
Market-adaptive statistical arbitrage, deploying distinct, localized alpha-generation models tailored to regional market microstructures for cross-border diversification.
Detailed strategy documentation for qualified institutional investors.
Full strategy overviews, cross-border PB execution architecture, due-diligence questionnaires, and operational summaries are made available to qualifying institutions under a standard non-disclosure agreement.
The team driving
systematic excellence.
The Meridian & Saturn leadership team brings together more than four decades of combined experience across institutional asset management, computational research, and platform engineering. Together they oversee a research staff that has spent careers building the empirical foundations on which the firm operates.
Kate Zhang
With over a decade navigating capital markets, Kate leads the firm's executive strategy, institutional scaling, and operational governance. Prior to co-founding the joint venture, Kate established Saturn Capital China, where she directed capital allocation across artificial intelligence and financial technology infrastructure. This deep expertise in investing and scaling complex financial software laid the strategic foundation for Meridian & Saturn Capital's quantitative technology edge.
Jiaqi Zhu — "Jude"
Over fifteen years in quantitative research and systematic trading. Jude leads alpha research, portfolio construction, and investment risk oversight across the firm's core quantitative programs. He set the methodological AI and Machine Learning standards for the research process now used across the firm's strategies.
Tony Zhu
Over fifteen years in systems architecture and computational research. Tony leads research computing, model deployment, and platform infrastructure — the engineering organisation that operates the 110K+ core compute estate, the data lake, and the firm's execution stack. The platform's reliability is his explicit responsibility.
A research staff that compounds quietly.
We hire researchers who would still run the experiments at home, on weekends, for the joy of finding out.
Begin a
conversation.
Meridian & Saturn Capital accepts inquiries from qualified institutional investors, accredited individuals, and professional intermediaries. All initial communications are routed to investor relations and will receive a response within two business days. Materials are provided under a standard NDA.
All inquiries
For investor relations, strategy materials, due-diligence documentation, media, and general correspondence. All initial communications are routed to investor relations and answered within two business days.
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Meridian & Saturn Capital Pte. Ltd.
Marina Bay Financial Centre
Singapore 018983
Republic of Singapore
MAS · CMS LICENCE
Hong Kong & Shanghai
Research and engineering operations across two Asian hubs, supporting the firm's compute infrastructure and on-the-ground market coverage.
RESEARCH & ENGINEERING
Request the institutional information pack.
Includes the firm overview, current strategy lineup, the standard due-diligence questionnaire, and the most recent compliance and operational due-diligence summary.
Minimum capital commitment for Tier-1 flagship allocations is $5,000,000 USD.