用多角色智能体平台辅助基本面投资研究,让AI分工协作并留痕可查。
FundaPod: A Multi-Persona Agent Pod Platform with Knowledge Graph Memory for AI-Assisted Fundamental Investment Research

- 不同投资角色独立工作,通过知识图谱共享证据链。
- 生成的投资备忘录可追溯来源,支持人工审核与对比。
- 适合量化投研团队或需要透明决策流程的机构用户。
大型语言模型在金融领域应用日益广泛,但多数研究聚焦于交易信号或金融NLP预测任务。相比之下,机构基本面研究需分析师或AI代理搜集证据、识别业务驱动因素、比较不同观点并生成可验证的投资备忘录。其目标不仅是预测,更是产出透明、可复用、可验证的投资方案,并推动投资知识的积累。本文提出FundaPod,一个支持AI辅助基本面研究的多角色代理平台。我们认为基本面研究是人本导向的决策支持任务,与交易信号生成有质的区别,因此更适合采用保持独立性的架构。在FundaPod中,具备不同角色(如价值投资者、宏观策略师)的AI代理在共享溯源契约下独立开展研究,其分歧事后由人类基金经理通过知识图谱记忆系统进行裁定。本文提出五项设计原则,基于设计科学实践及认知隔离与人机协同理论。同时描述四项架构机制:角色提炼流水线将公开投资者材料转化为可部署代理;声明式技能注册表使规划器生成类型化任务图;基于证据的模型将备忘录主张与可验证来源关联;以及连接股票代码、备忘录、分析师与主题的知识图谱‘第二大脑’。通过完整案例研究与角色化备忘录对比,验证了该架构的有效性。
原文摘要 · Abstract (English)
Large language models (LLMs) are increasingly applied in finance, yet most existing work emphasizes trading signals or financial NLP tasks centered on prediction. Institutional fundamental research, by contrast, requires human analysts or AI agents to gather evidence, identify business drivers, compare competing viewpoints, and generate investment memos. Its broader goal is not merely to predict outcomes, but to produce investment plans that are transparent, reusable, and verifiable, while contributing to the cumulative development of investment knowledge. We present FundaPod, a multi-persona agent platform for AI-assisted fundamental investment research. We argue that fundamental research is a human-centric decision-support task that is qualitatively distinct from trading-signal generation, and is therefore better served by an independence-preserving architecture. In FundaPod, AI agents with different personas, such as value investors or macro strategists, conduct research independently under a shared provenance contract. Their disagreements are then surfaced post hoc for adjudication by the human portfolio manager (PM) through a knowledge-graph memory system. This paper contributes five design principles for human-AI hybrid systems supporting fundamental research, grounded in design-science practice and theories of cognitive isolation and human-machine coordination. It also describes four architectural mechanisms: a persona distillation pipeline that turns public investor materials into deployable agents; a declarative skill registry that lets the planner derive typed task graphs; a grounded evidence model that links memo claims to verifiable sources; and a knowledge-graph "second brain" that connects tickers, memos, analysts, and themes. We demonstrate the architecture through a complete case study and a persona-based memo comparison.
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