AI驱动下，FOF加速拥抱量化投资

Core Insights - The ninth AI & FOF Investment Innovation Development Forum was successfully held in Shanghai, focusing on the innovative development opportunities for FOF and quantitative investment in the AI era [1] Group 1: Private Equity and Market Trends - The private equity industry is expected to maintain a scale of over 5 trillion yuan, with a potential recovery to 6 trillion yuan by the end of the year [2] - Leading institutions are making comprehensive investments in AI, which is anticipated to empower various investment research scenarios and potentially deliver excess returns for investors [2] Group 2: AI and Quantitative Investment - The advent of large models is transforming the quantitative investment landscape, with AI redefining core processes rather than merely optimizing existing ones [2] - AI is seen as a significant tool for enhancing decision-making quality, although it cannot fully replace experienced investment managers [3] Group 3: Investment Strategies and Methodologies - The FOF investment sector is still in the process of forming its investment methodologies, which are crucial for its development [3] - Wealth management requires diverse and tailored approaches, suggesting that FOF investment logic must continuously evolve [3] Group 4: Performance of Quantitative Strategies - Quantitative strategies have shown impressive excess returns this year, attributed to proactive scale control and increased trading activity in the A-share market [5] - The small-cap effect in the A-share market provides substantial alpha extraction opportunities for quantitative models, although liquidity management remains a core challenge [5]