银行理财季度盘点②丨为什么长期限产品业绩基准达标率“堪忧”？哪些公司达标率亮红灯？

Core Viewpoint - In the first quarter of 2025, the total number of closed-end public wealth management products maturing reached 2,964, reflecting a year-on-year growth of 37.6% compared to the first quarter of 2024, with a significant portion being fixed-income products [1][2]. Group 1: Product Performance - Among the maturing products, 84.78% of fixed-income products met the lower limit of annualized returns, while the performance benchmark central rate compliance was 48.74% [1][3]. - The average annualized return for closed-end fixed-income public wealth management products was 2.97%, with products maturing in over three years yielding the highest average return of 3.55% [3][4]. - The performance compliance rate for mixed products decreased with longer investment periods, with a lower limit compliance rate of 30.67% for mixed products maturing in the first quarter of 2025 [4]. Group 2: Product Distribution by Investment Period - The highest number of maturing products fell within the 6-12 month investment period, totaling 1,049 products, which accounted for 35.4% of the total, an increase of 6.49 percentage points from the first quarter of 2024 [2][3]. - The second largest category was the 3-6 month investment period, with 910 products maturing, representing 30.7% of the total [2]. Group 3: Institutional Performance - Among the institutions, Ping An Wealth Management, Xingyin Wealth Management, and Jianxin Wealth Management had the highest number of maturing products, each exceeding 160 products in the first quarter of 2025 [1]. - Notably, several institutions achieved a 100% compliance rate for the lower limit of performance in their fixed-income products, including Ningyin Wealth Management and Bohai Wealth Management [4].