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

Fortress Hill Advisors

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

Premium Economic & Investment Research

Cross Asset Strategy

<ul>
<li>While the RMB's share in international trade has been gradually increasing over the years due to efforts to internationalize the currency, it accounts for only 2-3% of global trade settlement.</li>
<li>RMB is the fourth most actively traded currency, behind the US dollar, euro, and British pound but ahead of the Japanese yen in global payment rankings.</li>
<li>We believe further internationalisation of RMB hinges on its monetary system, which has to be reformed to avoid the instability involved in opening up the capital account.</li>
</ul>


While the RMB's share in international trade has been gradually increasing over the years due to efforts to internationalize the currency, it accounts for only 2-3% of global trade settlement.
RMB is the fourth most actively traded currency, behind the US dollar, euro, and British pound but ahead of the Japanese yen in global payment rankings.
We believe further internationalisation of RMB hinges on its monetary system, which has to be reformed to avoid the instability involved in opening up the capital account.


Steven NS Cheung's Idea of RMB Peg with Commodities in Preparation for More RMB Internationalisation