Chapter 10 Advising Delio

On the 29th floor of Huaxia International Building, a landmark building in Yanjing, Delio looked out of the window, and the blue-gray alleys stretched out in a compact and orderly manner. Feel.

  Here is a restaurant called "Window of the World". Accompanying Dalio to dine is Xu Zhaolong, a deputy general manager of Huaxia Trust. Zhong Yi was specially invited to have dinner with him because of his excellent translation work.

  The International Building was completed this year. When it was completed, more than 200 Chinese and foreign companies came to pre-lease the houses, making it a veritable International Building.

Seeing Zhong Yi clumsily cutting the steak with a knife and fork and making a "squeak" sound, Xu Zhaolong couldn't help frowning. He tapped the knife and fork lightly to signal Zhong Yi to move more gently, don't be so faux pas.

  As the top executive of China's first foreign company, he has long been familiar with the etiquette of western food, and he doesn't come to "Window of the World" for dinner once or twice, so naturally he won't make mistakes like Zhong Yi.

   It’s just that he forgot that Zhong Yi was still a poor student, when had he ever been to such a high-end restaurant, let alone eating bloodshot steak and red wine. He has been in Yanjing for two years, and he has not even eaten the famous "Manjude" roast duck in the capital.

  Seeing that the leader was dissatisfied, Zhong Yi put down the knife and fork embarrassingly, picked up the wine glass and swallowed in small sips, not daring to make a sound. This red wine is also too nasty, with a brain-smoking sour taste, but now I can't eat this, and I can't eat that, I can only drink this thing.

   "It's okay, waiter, please give me a pair of chopsticks, thank you!" Ray Delio saw Zhong Yi's embarrassment, smiled slightly, snapped his fingers to the waiter, and said this sentence slowly.

  He knew that the waiters here could understand English, but if they spoke a little faster, these waiters would not be able to understand.

"Mr. Xu, I don't know what you suggested to me. How are you thinking about it?" Delio took the chopsticks from the waiter and handed them to Zhong Yi, pointing to the steak on his plate, signaling him to use the chopsticks .

  Zhong Yi quickly translated Delio's words to Xu Zhaolong, and seeing the deputy general manager nod, he took the chopsticks that Delio handed over.

"Mr. Delio, at present, our company has not made a common resolution on your proposal. Please wait a few days, and you can also take advantage of this time to enjoy the scenery of our China." Xu Zhaolong picked up the napkin cloth, wiped the juice around his mouth, and then replied calmly.

   "Okay, since that's the case, I'll stay for a few more days." Delio shrugged and said nonchalantly.

Although he made up some knowledge about Huaxia before coming to Yanjing, after thousands of years of development, Huaxia has already formed a unique way of speaking. If you are a Chinese, you will recognize this Mr. Xu The prevarication and perfunctory in the words.

   After translating the words, Zhong Yi began to bury his head in hard work again, which made the leader of Huaxia Trust frown.

  …

   "This is the Great Wall, it really is very spectacular, it's unbelievable!" Standing on the Badaling, Ray Delio, looking at the endless wall, couldn't stop admiring.

Thanks to Delio, Zhong Yi also had the honor to visit several scenic spots with him. He was reimbursed by the government for meals, lodging and travel, and the accompanying Mr. Delio was very polite and never complained. Such a beauty No, it's no different from the public tours of later generations, Zhong Yi is naturally very happy.

  In the past few days, they visited places such as Tianguangmen Square, the Imperial Palace, and the imperial mausoleum in the suburbs, which really opened the eyes of this foreign devil and gave him an intuitive understanding of Eastern civilization. However, he just took a quick tour, and it's still too early to have a deeper understanding of Huaxia.

  Ray Delio looked at the majestic Great Wall, but he kept thinking about the purpose of this visit. In the past few days, the senior management of Huaxia Trust did not receive him, which made him feel a little uneasy.

   "Zhong, do you think I have no hope this time?" Delio looked into the distance, tentatively asking Zhong Yi with an excited face.

   "What hope? Didn't you come this time to impart financial knowledge to the senior management of Huaxia Trust?" Zhong Yi replied casually without noticing the deep meaning in Delio's words.

   "Actually, I am here this time to help Huaxia Trust manage the funds they raised, which is about tens of millions of dollars." Delio simply said.

   After coming for so long, his patience is also disappearing bit by bit. Before he came, he was full of confidence, but after such a long time, there was no news from Huaxia, which made him uneasy.

   "Actually, you can find other sources of funds, such as capital from the United States, or RB's consortium." Zhong Yi retracted his gaze from a distance, and said casually.

   "Really? We really thought about it together, and I'm planning on it too." Delio's face showed surprise. "Zhong, you are such a genius. If you weren't still in school, I really want to recruit you to our company."

  Zhong Yi smiled and lowered his head embarrassedly. In his heart, he couldn't help but think of the phone call from his hometown a few days ago.

   On the phone, the "enlightened" cousin asked in detail about the recent major events in Yanjing and international events. He didn't understand why this cousin would be interested in this kind of thing, but he still honestly told what he knew, and at the end he focused on the recent companion, Mr. Delio.

After Zhong Shi heard it, he asked carefully, and then told him with confidence that this Mr. Delio would return empty-handed, and this is a good time to make a good relationship. Li told him what to do, and didn't hang up until Zhongyi repeatedly assured that he would do what he asked.

  This cousin is really amazing. Within a few months of seeing each other, a telephone was installed at home, and I don’t know how he did it.

  In the 1980s, it cost thousands of dollars to install a telephone, and ordinary people couldn't afford it, and there was no need for it. Basically, in a village, only the village branch has a telephone. If someone calls, they have to trouble people to go to that house to call for someone.

   "Actually, you can lobby those retirement funds and public pensions to let you manage their funds!" Zhong Yi waited for a long time before speaking.

A retirement fund is a financial product with a typical life cycle concept. Most of the entities that set up this type of fund are companies. They combine a certain percentage of the amount allocated each month and the amount allocated by employees on their own initiative, and hand it over to professional asset managers. The management company takes care of it. Since retirement funds are designed to pay for employees' retirement needs and pursue long-term and stable remuneration, fund managers also adopt prudent and conservative principles in operation.

   Since huge retirement funds are put into the market every year, these funds are also the targets of various hedge funds.

   "You are very reasonable, but which company's retirement fund is better?" Ray Delio nodded thoughtfully.

"Mr. Delio, I heard that your fund is a hedge fund with macro as the main strategy. It mainly studies the macroeconomic conditions of countries around the world, and uses them to obtain income in the end, right?" Zhong Yi didn't answer him directly. Instead, he asked with interest.

"You even know this? Zhong, you are such a genius. In fact, my fund is still researching what strategy it uses to operate, but I personally prefer the macro type." Ray Delio frowned and said vaguely .

  How to operate the fund is his business secret. Of course, he can't tell others casually, so when Zhong Yi asks, he can only talk about other things.

"If you can win the World Bank's employee retirement fund, does it mean that your fund's macro research has been recognized by these professionals? If you can win the general retirement fund, then the companies in the United States will not treat you Admire him?" Zhong Yi followed the instructions on the phone and truthfully told Ray Delio what Zhong Shi had said.

   "World Bank? Universal?" Delio was taken aback when he heard these two words, and then fell into deep thought.

The World Bank is not just a bank, but an organization, including five institutions including the World Bank for Reconstruction and Development, Guoxing Development Association, and the International Finance Corporation. The World Bank provides low-interest loans, interest-free credits and grants to developing countries to help They build educational, agricultural and industrial institutions.

  In the World Bank, a large number of economists have gathered. These economists study the economic issues in various regions of the world, make recommendations to the World Bank's decision-making tier and regional leaders, and help them formulate policies and develop the economy.

  As a professional institution, it has gathered many economists from various countries. The World Bank's judgment and opinions on macroeconomic trends are undoubtedly very authoritative and professional.

  If it can be favored by the retirement fund of the World Bank, it will undoubtedly be a full affirmation of the professionalism of Bridgewater United.

  General Electric is the largest diversified service company in the world. Its business scope ranges from aircraft engines and power generation equipment to medical industry and TV programs.

  One is a leader in professional institutions, and the other is a representative of a large enterprise. If they can pull the two pension funds under their own banner, then Bridgewater Associates will completely establish its reputation in the fund industry.

   "Zhong, you are such a genius!" Ray Delio was elated after thinking it over clearly, and couldn't help but want to kiss Zhong Yi on the face, but he finally held back.

  Zhong Yi also successfully completed his task. He thought to himself, after returning home, he must check carefully, what are the two "things" the World Bank and General Electric doing!

  Three days later, with a bitter expression on his face, Ray Delio boarded the plane to Tokyo amidst the voices of "sorry" from the senior management of Huaxia Trust.

  (end of this chapter)