去年超六成保险资管机构综合投资收益率超5% 做大第三方资金管理规模

Core Insights - The overall investment return rate of insurance asset management institutions in China for 2024 is significantly higher than in 2023, with 61.8% of institutions achieving a return rate exceeding 5% compared to only 15.6% in the previous year [1][2]. Group 1: Investment Performance - Ten institutions have a comprehensive investment return rate exceeding 8% as of the end of 2024, with 21 institutions achieving a return rate above 5% [2]. - The financial investment return rate for 18 institutions surpassed 3.5%, representing 52.9% of the total, an increase from 40.6% in 2023 [2]. Group 2: Asset Allocation - The total investment asset scale of insurance asset management institutions reached 32.68 trillion yuan in 2024, a year-on-year increase of 25% [3]. - The allocation of assets includes 15.18 trillion yuan in bonds (46%), 6.66 trillion yuan in financial products (20%), 4.46 trillion yuan in bank deposits (14%), 2.17 trillion yuan in stocks (7%), 1.27 trillion yuan in public funds (4%), and 429.9 billion yuan in equity (1%) [3]. - The fastest growth in asset allocation was seen in stocks, with a year-on-year increase of 36%, followed by financial products at 31% and bonds at 28% [3]. Group 3: Third-Party Fund Management - The total asset management scale of 34 insurance asset management institutions reached 33.30 trillion yuan by the end of 2024, reflecting a year-on-year growth of 10.60% [4]. - Insurance funds still dominate the management, with 70.56% coming from internal sources, while external funds include 3.96 trillion yuan from banks (11.91%) and 2.93 trillion yuan from pensions (8.78%) [4]. - Among the 34 institutions, 25 manage third-party funds, with 12 institutions having third-party fund management exceeding 50% of their total assets [4]. Group 4: Competitive Strategy - To enhance the core competitiveness in managing third-party funds, institutions need to transition from "internal fund managers" to "market competitors" [5]. - Understanding diverse client needs and providing customized asset allocation solutions is essential for success in managing third-party funds [5][6].