Core Viewpoint - The "three investment" philosophy is increasingly recognized for its role in cultivating patient capital and supporting the high-quality development of the capital market in China, as emphasized by recent government policies and industry practices [1][2]. Group 1: Industry Trends - The trust industry is accelerating its transformation towards active management, with over 8 trillion yuan of the approximately 20 trillion yuan in trust funds now allocated to the securities market, reflecting a 64.9% year-on-year increase [2][3]. - The new "National Nine Articles" implemented in April 2023 has raised expectations for asset management institutions regarding research capabilities and product innovation, emphasizing a shift from scale-oriented to investor return-oriented approaches [6][8]. Group 2: Institutional Advantages - Trust companies are positioned to improve market behavior by focusing on long-term value creation and reducing speculative trading, thereby fostering a healthier capital market ecosystem [2][4]. - Trust companies possess unique advantages in asset service trusts, which are tailored to client needs, allowing them to create investment portfolios that align with the "three investment" philosophy [5][6]. Group 3: Future Directions - Trust companies are encouraged to develop patient capital through services like family trusts and pension trusts, which can provide stable funding sources for long-term investments [7][8]. - There is a strong emphasis on diversifying product offerings and enhancing asset allocation strategies to support the capital market, including participation in private equity investments aligned with national strategic industries [7][8].
“三投资”方法论 | 信托篇一 回归本源、发挥制度优势,信托业加大权益市场布局
Di Yi Cai Jing·2025-05-15 02:58