以下文章来源于公募排排网 ，作者观在看 公募排排网 . 这是一个每天都在想尽办法为你找到好基金的良心公众号。 本文首发于公众号"公募排排网"。 （点击↑↑ 上图查看详情 ） 如何找到上涨动力、弹性较强的基金？ 如何找到当前市场上的比较热门、上涨弹性较大的基金？大部分基民在买基金时，考虑的是基金经理、估值、净值表现等，但所有 的这些因素最终归因都是基金底层所持有的证券标的。 所以，要想找到当前市场上涨动力、弹性较大的基金，不妨从基金持有的证券标的出发探寻一二。 公募排排网 数据显示，截至一 季度末，全市场13221只基金持有3103只个股(包含344只港股)，合计持有市值约为4.61万亿(其中港股标的持有市值约为8130.27亿 元)。 要想找到当前市场上涨弹性较大的基金，先从一季度基金增持的个股中，筛选出一季度末以来涨幅在20%以上的个股(以下称为强 劲股)，再按如下规则进行基金筛选：1)基金在一季度持有的强劲股在3只以上；2)基金在一季度持有强劲股的市值占基金股票投资 市值比在20%以上。 在进行基金筛选之前，我们先来看看当前市场上基金重仓股有哪些，以及一季度基金增持、减持方向表现如何？ 数据可靠 / 服务 ...

Core Viewpoint - Shenzhen Rongzhi Private Securities Investment Fund Management Co., Ltd. focuses on investment opportunities in the secondary market, emphasizing the growth value of outstanding Chinese enterprises and providing professional wealth management services for high-net-worth clients [2][5]. Company Overview - The company is a private fund manager with registration number P1034204, established to leverage the advantages of its parent company, Paipai Network, which specializes in financial services driven by digital technology [2][5]. - Since its inception, the company has issued over 40 private securities investment fund products, with a historical cumulative management scale exceeding 1.2 billion [5][19]. Development History - The company was founded on February 1, 2016, and registered with the Asset Management Association of China on October 9, 2016 [5]. - In 2021, it was awarded the "Most Trustworthy Private FOF Institution" at the Wealth and Private Pioneer Awards [5]. Investment Strategy - The investment strategy focuses on multi-asset allocation and multi-strategy balance, aiming to meet client needs through diversified investments in stocks, bonds, futures, derivatives, and overseas markets [20]. - The firm employs a dual-track system where subjective teams and FOF teams collaborate, sharing resources and working together [15][20]. Research and Analysis - The research team consists of experienced professionals with deep market insights and robust risk control capabilities, conducting over 1,000 independent due diligence sessions annually [19][16]. - The investment approach emphasizes long-term value and macroeconomic analysis, prioritizing sectors and companies with high growth potential [17][19]. Product Line - The company offers a range of products, including the Rongzhi Market Neutral Strategy Index FOF and the Paipai Network Yuheng Value Growth fund, among others [21][24]. - The investment products are evaluated based on historical performance, management teams, investment strategies, and risk control measures [20].

近年来关于量化投资的讨论不绝于耳，随着AI时代的到来，量化投资在辅助研究、辅助投资等方 面发挥着越来越大的作用，量化投资者的"武器库"也更加强大。 根据私募排排网数据，排排网主 观多头策略指数与排排网量化多头策略指数之间的差距逐步发散，二者之间的 "剪刀差"呈现逐步 扩大的趋势。 2020年之前，主观多头与量化多头策略指数的收益差通常保持在10%以下，最大也就在20%左 右，2020年后二者之间的收益差却逐渐拉大到50%以上，最大时甚至超过70%。这一趋势也正好 反应了2020年以来的科技爆发为量化投资进一步铺平道路。 本文首发于公众号"私募排排网"。 （点击↑↑ 上图查看详情 ） 2020年发展至今，量化的爆发期已走过了近5年的时间，让我们来看看近5年的时间里，哪些量化 基金经理的产品业绩表现较为领先。为了给予投资者更有价值的信息，本文将按照近半年、1 年、3年、5年四个时间维度，分别筛选出旗下量化产品收益均值前20的私募基金经理，供投资者 参考。 (排名规则：在管有业绩显示的量化产品在3只以上，按量化产品收益均值排序) 0 1 近半年：广州天钲瀚胡勤天、云起量化施恩领衔！进化论王一平表现突出！ 私募排排网 ...

华安合鑫简介 深圳市华安合鑫私募证券基金管理有限公司 成立于2015年（协会备案编码：P1062311），中国证券投资基金业协会观察会员，专注于二级市 场股票投资。公司的企业愿景是： "力求为投资者提供长期可持续的合理回报，成为受人尊敬的资产管理公司。" 公司核心投研成员具有清华大学、北京大学等国内一流名校背景，且拥有国内大型公募基金、私募基金公开产品管理经验。其中，公司创始人 袁巍拥有3年IT行业、16年基金行业投研工作经验。他们研究功底深厚，坚持基本面分析，致力于追求长期绝对收益。同时，公司拥有专业、全 面的营运团队，核心运营人员有国内大型券商运营经验。他们以严谨、细致的工作作风，制定了严格的后台运作管理制度和严密的风险管理体 系，并利用先进可靠的信息技术系统，保证了各项投资、研究活动的高效运行。 公司信奉 "专注企业核心价值" 的投资哲学，坚持 "以安全边际为前提，以基本面分析为工具，坚守能力圈，适度逆向投资" 的投资理念，努力 在不确定性的投资游戏里，获得相对确定的回报。凭借优异的历史业绩，公司已屡获"金牛奖"、"金阳光奖"、"金长江奖"、"英华奖"等多个权威 奖项。 （点此查看 华安合鑫旗下产品收益 ...

以下文章来源于公募排排网 ，作者日月辉 公募排排网 . 这是一个每天都在想尽办法为你找到好基金的良心公众号。 本文首发于公众号"公募排排网"。 （点击↑↑ 上图查看详情 ） 创新药领衔医药板块 今年以来， 除了DeepSeek、机器人相关的科技板块走出了明显的大涨行情， 创新药领衔医药板块也悄悄走出了一轮结构性行情。 自2021年2 月的最高点以来，医药板块已经连续下跌了4年，调整幅度、时长均为历史之最。 公募排排网根据Choice整理的数据显示，截至今年5月23日，港股、A股5大主要医药医疗指数（ 中证医药、全指医药、医药 100、恒生医疗保 健、恒生港股通医疗保健指数 ）今年以来均实现上涨，其中 恒生医疗保健、恒生港股通医疗保健指数均涨超 30%。 然而，从估值来看，港股、A股5大主要医药医疗指数的 市盈率（ TTM，剔除负值，下同）百分位在6%-13%的区间内，这意味着它们的估值 仍然低于历史上超过80%的时间 。 其中，港股主要指数市盈率百分位不足10%，相对于A股市场主要指数更低。 首次 实现盈利 ，百济神州、诺诚健华等个股 亏损收窄 。 此外，今年以来，以 DeepSeek 为代表的人工智能技术取 ...

Core Viewpoint - The article highlights the increasing popularity of dividend-paying assets in the market, with A-shares expected to distribute over 2.39 trillion yuan in dividends in 2024, setting a new historical record. The focus is on the dividend distribution of private equity funds in 2024, with 23.36% of the analyzed products expected to pay dividends [2][3]. Summary by Category Private Equity Fund Dividend Distribution - Among 3938 private equity products with performance data, 920 are expected to distribute dividends in 2024, representing 23.36% of the total [2]. - The leading private equity firm in terms of the number of dividend-paying products is Junfu Investment, with 17 products expected to pay dividends in 2024 [2][3]. Performance of Dividend-Paying Products - Continuous dividends indicate strong profit-generating capabilities, with only 14 products having paid dividends for five consecutive years, showcasing impressive performance [4]. - The average return for private equity products that will distribute dividends in 2024 varies by fund size, with notable performances in different categories [6][12][15]. Performance by Fund Size - **100 Billion+ Yuan Private Equity**: 13.75% of products are expected to pay dividends, with an average return of 21.05% for these products [6][7]. - **50-100 Billion Yuan Private Equity**: 16.17% of products are expected to pay dividends, with an average return of 15.33% [10]. - **20-50 Billion Yuan Private Equity**: 35.96% of products are expected to pay dividends, with an average return of 18.22% [12][13]. - **10-20 Billion Yuan Private Equity**: 24.46% of products are expected to pay dividends, with an average return of 21.66% [15][16]. - **5-10 Billion Yuan Private Equity**: 26.83% of products are expected to pay dividends, with an average return of 20.03% [19][20]. - **0-5 Billion Yuan Private Equity**: 25.39% of products are expected to pay dividends, with an average return of 25.58% [22]. Notable Products and Managers - Junfu Investment's "Junfu Gold Enhanced No. 2" achieved a return of ***% in 2024 and paid dividends twice, leading in the 20-50 billion yuan category [12][14]. - The top-performing product in the 100 billion+ category is "Yanfeng Exclusive Small Cap Index Enhanced No. 1" from Yanfeng Investment, with a return of ***% [8][9]. - In the 50-100 billion category, "Square and Ding Sheng Zhong Zheng 2000 Index Enhanced No. 21A" from Square and Investment paid dividends twice and achieved a return of ***% [10][11].

Core Viewpoint - The article emphasizes the importance of long-term performance in mutual funds, highlighting the "Double Ten Funds" which have been established for over 10 years and have an annualized return exceeding 10% [3][4]. Group 1: Market Context - Since the peak of the A-share market in June 2015, major indices have shown significant declines, with the Shanghai Composite Index down 26.18%, the Shenzhen Component Index down 33.19%, and the ChiNext Index down 31.84% [3]. - In contrast, U.S. stock indices have doubled, with the Nasdaq Index increasing by over 253% during the same period, while gold prices rose approximately 172.66% [3]. Group 2: Fund Performance - As of April 30, 2025, there are 2,238 mutual funds that have been established for over 10 years, with only 264 funds (approximately 11.80%) achieving an annualized return above 10% [3]. - Among the 264 "Double Ten Funds," 137 are equity funds, 61 are flexible allocation funds, 18 are standard equity funds, 18 are balanced funds, and 16 are QDII funds [3]. Group 3: Top Performing Funds - The top-performing fund over the past decade is the "Guotai Nasdaq 100 ETF (QDII)" managed by Guotai Fund, with a cumulative return of 393.36% and an annualized return of 17.67% [7]. - The second-best fund is the "Dacheng Gaoxin Stock A" managed by Liu Xu, with a cumulative return of 335.04% and an annualized return of 16.19% [7]. Group 4: Fund Categories - In the category of active equity funds, there are 155 funds, with the top 20 funds having a cumulative return threshold of nearly 145% [9]. - The top 5 funds in this category include products from Jiao Yin Shi Luo De Fund, Dacheng Fund, and Huashan Fund [9]. Group 5: Flexible Allocation Funds - Among the 61 flexible allocation funds, the top two are managed by Huashan Fund, with the leading fund achieving a cumulative return of 356.80% [12][13]. Group 6: QDII Funds - The "Jia Shi American Growth Stock" fund is highlighted as a top-performing QDII fund, with a cumulative return exceeding 266% [18].

本文首发于公众号"私募排排网"。 （点击↑↑ 上图查看详情 ） 在投资领域盛传 "复利是世界第8大奇迹"，这句话表明了复利的威力。 复利代表的是持续赚钱的能力，而能否持续复利一方面需要看市场环 境，另一方面则是看投资人的能力 。 纵观市场，能够持续复利的人其实并不多，也就意味着持续赚钱并非易事。 特别是近年来，市场环境更加 复杂多变，让连续多年正收益也变成了一件比较困难的事情。 以A股为例，自2021年以来，A股经历了短暂冲高后的长时间调整，然后触底反弹的行情。具体而言， 代表A股核心资产的沪深300指数在2021- 2025年以来（截至4月30日）各年的涨跌幅分别为-5.20%、-21.63%、-11.38%、14.68%、-4.18%， 仅有 1年涨幅为正，其余4年均是下跌的， 2021年以来累计涨跌幅为-27.65%。 在这样的市场环境下，私募证券投资基金产品要想实现年年正收益，十分考验基金经理和管理人的能力。 根据私募排排网数据，截至2025年4月底，在私募排排网有2021年以来各年业绩展示的私募产品共有926只（剔除纯债策略和债券增强产品）， 其中 2021年以来实现年年正收益的私募产品仅238只， ...

本文首发于公众号"私募排排网"。 （点击↑↑ 上图查看路演详情 如愿基金简介 如 愿 基 金 是 深 圳 2024 年 新 增 注 册 登 记 的 第 三 家 证 券 私 募 。 公 司 成 立 于 2024 年 3 月 20 日 ， 8 月 16 日 在 基 金 业 协 会 完 成 登 记 ， 登 记 编 号 为 P1074843。公司投资围绕固收打底、多资产配置的策略，以风险相对较低、流动性相对较好的固定收益类产品为底仓，并在严格控制风险的情 况下，充分捕捉震荡市场行情下转债、商品、金融衍生品等大类资产的结构性机会，增强组合收益。 （点此查看 如愿基金旗下产品收益、核心 团队及最新路演 ） ） 40% 深圳如图坤泽企亚是瑶令仪 15% 公司 企业 (有限合伙) 15% 股权 上海羽帅管理咨询有限公司 10% 25% 朱阳默 | 张立伟 10% 25% 15% 深圳如愿坤泽企业管理合仪 C 企业(有限合伙) 数据来源：协会公示信息 发展历程 2024年3月 · 成立如愿基金 2024年8月 完成在中国证券投资基金业协会 的登记备案 2024年10月 首次发行备案基金产品, 全面启 动资管业务 :2 核心团队 ...

Core Viewpoint - The article highlights the growth and performance of quantitative private equity funds, particularly those with assets under management between 5 billion and 50 billion, which are often overlooked compared to larger funds [2]. Summary by Sections Quantitative Private Equity Overview - As of May 16, there are 862 quantitative managers, with 190 managing between 5 billion and 50 billion, accounting for 22.04% of the total [2]. - Among these, 404 quantitative products have shown an average return of 20.46% and a median return of 16.08% over the past year [2]. Performance of Top Products - The top 20 products in terms of performance are predominantly quantitative long products, with 17 out of 20 falling into this category [2]. - The article mentions specific products and their performance, such as "翰荣安晟进取一号B类份额" from 翰荣投资, which achieved a return of ***% [7]. Management Firms and Locations - The majority of managers are based in Shanghai, with 8 firms, followed by Shenzhen and Hangzhou with 4 each [3]. - Notable firms include 翰荣投资, 量盈投资, and 靖奇投资, which have consistently ranked among the top in performance [3][8]. Detailed Product Insights - "量盈半导体指数增强一号" from 量盈投资 ranks second with a return of ***% [7]. - 靖奇投资's "靖奇基石5号B类份额" ranks third, also with a return of ***% [8]. - 海南盛丰私募's "盛丰量化选股1号" ranks fourth with a return of ***% [9]. Strategy and Technology - Many of these firms leverage advanced technology and AI in their investment strategies, with teams composed of experienced professionals from prestigious institutions [7][8][10]. - For instance, 量盈投资 utilizes a trading system developed by former Google engineers, while 靖奇投资 employs data mining and modeling techniques [7][8]. Market Trends - The article notes a shift in investor focus towards smaller quantitative private equity firms, which have shown competitive performance and innovative strategies [2][12].