Founder & Head of Research, Fortress Hill Advisors

Alex Ng

Alex Ng is the founder and head of research of the economic and investment research house Fortress Hill Advisors. Prior to founding Fortress Hill Advisors, he worked as an economic research analyst across government, academic, and financial institutes including the Hong Kong Financial Secretary’s Office (Office of the Government Economist), Economic Research Center of the Institute of Asia-Pacific Studies at CUHK, and State Street Global Markets. Alex holds a Master of Arts in Economics degree from Columbia University in the City of New York and a Bachelor of Arts in Economics and Mathematics from Wesleyan University (CT, USA).

Our firm's expertise lies in macroeconomics, global macro,  global thematic research, company and equity research, multi-asset strategy, event driven, and ESG.

We also do proprietary trading on the firm's capital, to try to vindicate our investment thesis. Our flagship publication, Heard from Fortress Hill (HFFH) provides our weekly market observations and is freely available on our website: https://fortresshill-advisors.com/hffh/

Founder & Head of Research

Japan’s Corporate Balance Sheet Recession: Still Impacting Attitudes Towards Risk-Taking

Japan Reflation Take... 4? - The End of Deleveraging

Fortress Hill Advisors

Founded in Hong Kong in 2019, Fortress Hill Advisor seeks to provide premium economic and financial researches.

Premium Economic & Investment Research

Macroeconomics

<ul>
<li>Japan has suffered from a balance sheet recession, triggered by a sharp decline in asset value, since the 1990s.</li>
<li>As the Nikkei treads new height, it raises the question of whther the balance sheet recession is over.</li>
<li>Though some of the structural challenges remain, the balance sheet recession has improved in recent years.</li>
</ul>


Japan has suffered from a balance sheet recession, triggered by a sharp decline in asset value, since the 1990s.
As the Nikkei treads new height, it raises the question of whther the balance sheet recession is over.
Though some of the structural challenges remain, the balance sheet recession has improved in recent years.


Japan: Is the Balance Sheet Recession Over?