中基协：9月全国共备案私募资管产品2305只 同比增加230.23%

Core Insights - The private asset management products registered by securities and futures institutions in September 2025 reached a total of 2,305, marking a month-on-month increase of 14.62% and a year-on-year increase of 230.23% with a total establishment scale of 83.147 billion yuan, which is a month-on-month decrease of 2.09% but a year-on-year increase of 69.20% [1][6]. Product Type Summary - In September, the average establishment scale of collective products was 0.63 billion yuan, down 13.30% month-on-month, while the average establishment scale of single products was 0.19 billion yuan, down 7.61% month-on-month [2]. - The mixed-type products accounted for the highest number of registrations, while fixed-income products had the largest establishment scale [3]. Investment Type Summary - The breakdown of registered products by investment type in September is as follows: - Mixed products: 1,290 with a scale of 263.82 billion yuan (31.73%) - Fixed income products: 691 with a scale of 423.62 billion yuan (50.95%) - Futures and derivatives: 154 with a scale of 101.02 billion yuan (12.15%) - Equity products: 170 with a scale of 43.01 billion yuan (5.17%) [5]. Institutional Type Summary - Among the registered private asset management products in September, securities companies and their subsidiaries accounted for the highest proportion [4]. Product Continuity Summary - As of the end of September 2025, the total scale of private asset management products managed by securities and futures institutions reached 12.46 trillion yuan, an increase of 1,210.08 billion yuan from the previous month, but a month-on-month decrease of 0.96% [6]. Product Type Continuity Summary - The number and scale of collective asset management plans accounted for a significant proportion of the total [8]. - The total number of private asset management products was 40,163, with a total scale of 124.62 trillion yuan, where collective plans accounted for 50.84% in number and 50.34% in scale [9]. Scale Distribution Summary - The average management scale of private asset management products by securities companies and their subsidiaries was 59.734 billion yuan, with a median of 20.967 billion yuan [10].