千余只组合类保险资管产品最新披露年化收益率为正

Core Insights - The recent recovery of the A-share market has led to an overall increase in the yields of combination insurance asset management products, with performance varying across different product categories [1][2]. Performance Summary - As of March 21, 2023, among 1,529 disclosed combination insurance asset management products, 1,084 achieved positive returns, accounting for 71%, while 384 had negative returns, representing 25% [1][2]. - The average yield of these products is 7.66%, with a median yield of 2.60%. The highest yield recorded is 176.76%, while the lowest is -85.50% [2]. - In the equity category, 266 products were analyzed, with 221 achieving positive returns, which is 83%. The average yield for equity products is 23.39%, showing a significant increase year-on-year [3]. - For fixed-income products, out of 1,016, 690 achieved positive returns, which is 68%, with an average yield of 1.85%, indicating a year-on-year decline [2][3]. - Among 247 mixed products, 173 achieved positive returns, accounting for 70%, with an average yield of 14.66%, also reflecting a substantial year-on-year increase [3]. Influencing Factors - The yield of equity products is closely linked to stock market performance, while macroeconomic factors, such as interest rate changes, impact fixed-income product performance [3]. - Investment strategies, risk management capabilities, and market competitiveness of insurance asset management institutions are critical factors influencing yields [3]. Future Outlook - Insurance funds are significant participants in the A-share market, with policies encouraging long-term capital inflow leading to increased equity allocations [4]. - In 2024, the allocation balance for life and property insurance companies in stocks is projected to grow by 28.29% and 28.22%, respectively, marking the highest growth rates among various products [4]. - Future investment strategies for insurance funds will focus on long-term asset allocation, utilizing different combinations to capture market opportunities [5]. - The emphasis will be on avoiding excessive focus on short-term returns and ensuring alignment with liabilities to achieve stable long-term gains [5].