追光与避险：六位资管大咖纵论财富守护之道

Core Insights - The forum discussed the theme "Wealth Protection Strategies for Asset Management Institutions" with industry experts sharing insights on investment opportunities and risk management in the current financial landscape [1] Group 1: Investment Opportunities - The equity market has shown significant recovery this year, prompting market participants to evaluate future investment opportunities [2] - "Certainty" is a key focus for institutional investors like insurance and banks, with an emphasis on prioritizing winning probabilities before seeking higher returns [2] - The growth sector may become a "deciding factor" for profitability in the equity market next year, supported by economic recovery and corporate profit restoration [2] - Market opportunities in 2026 are expected to arise more from structural insights rather than directional predictions, with a focus on "new productive forces" and multi-asset portfolio stability [2] - Investment opportunities are identified in AI-related technology, overseas industries, turnaround sectors, and dividend assets [2][3] Group 2: Asset Management Challenges - The asset management industry faces challenges, including the need for public funds to embrace active management despite the rise of index investing [4] - There is a persistent issue of aligning investor expectations with actual returns, which complicates wealth management [4] - The industry must address the cyclical nature of investor behavior, which often leads to a focus on short-term performance rather than long-term stability [4] - The insurance asset management sector must balance safety, liquidity, and profitability, with a proposed separation of assessments for different insurance products and investment strategies [5] Group 3: Risk Factors - Key risk points in the industry include low-interest rate environments leading to spread risks, cross-regional and cross-sector investment risks, and complexities in alternative asset management compliance [5]