宏利基金2025上半年规模增速亮眼 外资赋能彰显成长韧性

Core Insights - The Chinese public fund industry is becoming increasingly competitive, with Manulife Fund leveraging its unique advantage of foreign ownership and localized research capabilities to achieve significant growth in both scale and performance [1][2] - As of June 30, 2025, Manulife Fund's total public fund scale reached approximately 95.4 billion yuan, a 20% increase from the beginning of the year, contrasting with an average growth rate of about 5% among the top 20 companies in the fund industry [1] Group 1: Growth Drivers - Manulife Fund's growth is primarily driven by two pillars: proactive product layout and industry innovation practices, including the approval of the first open-ended floating management fee rate active equity fund in the industry [1][2] - The company has diversified its product lines, enhancing competitiveness and increasing the willingness of institutional and individual investors to allocate funds [1] Group 2: Investment Performance - Over 80% of Manulife Fund's equity products recorded positive returns in the first half of 2025, with three products rated five stars and ten rated four stars by Galaxy Securities [2] - As of June 30, 2025, Manulife Fund ranked 13th among 124 comparable companies in terms of active stock investment capability over the past two years [2] Group 3: Differentiated Competitive Advantage - Manulife Financial Group's extensive experience in global pension management supports the company's operations, managing over $300 billion in pension assets globally and ranking first in the Hong Kong MPF market [3] - The company has established a differentiated advantage in pension investment, with all four of its pension target funds achieving positive returns [3] Group 4: Asset Allocation and Wealth Management - In 2025, Manulife Fund successfully secured overseas asset allocation mandates, enhancing its comprehensive wealth management capabilities [4] - The company has focused on analyzing asset attributes and allocation values from a global perspective, aiming to seize both medium- and short-term tactical allocation opportunities [4] Group 5: Research and Investment Team - Manulife Fund has built a robust investment research team with an average experience of over 12 years among its 24 fund managers, ranking third in the industry for active equity investment capability in 2024 [5] - The company emphasizes long-term sustainable investment capability over short-term scale growth, optimizing its investment decision-making process through a structured research framework [5] Group 6: Future Outlook - Manulife Fund plans to continue leveraging its foreign ownership advantage to deepen its focus on equity investment, fixed income, pension investment, and ESG fields, providing more diversified asset allocation tools for investors [6]