Group 1 - The core viewpoint of the article highlights the declining performance of Xinda Australia Fund, with a significant drop in revenue and net profit compared to 2023 [1] - Xinda Australia Fund reported a revenue of 644 million yuan in 2024, a year-on-year decrease of 31.24%, and a net profit of 101 million yuan, down 41.92% [1] - The fund's business structure, primarily focused on actively managed equity funds, has faced multiple pressures, leading to a continuous decline in revenue and net profit for two consecutive years [1] Group 2 - The current product landscape shows that mixed funds have the highest number at 52, with a total scale of 27.243 billion yuan, followed by bond funds at 20 with a scale of 43.957 billion yuan, and equity funds at 4 with a scale of 9.009 billion yuan [2] - The scale of actively managed equity funds has significantly shrunk, from 21.887 billion yuan at the end of 2021 to only 9.009 billion yuan by the end of 2024, nearly halving [3] - Mixed funds also saw a notable decline, from 42.805 billion yuan at the end of 2021 to 27.243 billion yuan by March 18, 2025, a reduction of over 15.5 billion yuan [3] Group 3 - In contrast, Xinda Australia Fund has been focusing on bond and money market funds, achieving substantial growth in these areas, with bond fund scale increasing by 36.399 billion yuan and money market fund scale growing by 46.038 billion yuan compared to the end of 2021 [4] - Despite a significant recovery in the A-share market in the second half of 2024, Xinda Australia Fund's performance growth was only 4.52%, lagging behind the CSI 300 index [7] - Over the past two years, Xinda Australia Fund's overall performance has consistently underperformed compared to the CSI 300 index, with a net value decline of 14.22% in 2023 [7] Group 4 - Investors, having experienced years of bear markets, are primarily focused on recovering their investments, leading to a situation where actively managed equity funds are seeing more redemptions despite net value recovery [8] - The public fund industry is undergoing a transformation phase, with leading institutions evolving from "scale kings" to "all-round players," while smaller institutions must pursue differentiation to survive [8] - The deepening of the comprehensive registration system and the acceleration of pension fund entry into the market will favor institutions with strong research capabilities, product innovation, and customer service [11]
营收降31%、净利降42%！信达澳亚基金混合型基金规模缩水超155亿元，寄望“固收+”破局
Xin Lang Ji Jin·2025-03-31 03:42