基金早班车丨风险资产预期领跑，2026年多元配置应对分化

Group 1 - Standard Chartered Bank's latest outlook indicates that after a rare global rally in 2025, asset performance will significantly diverge in 2026 due to an increased probability of a "soft landing" for the US economy, easing trade tensions, and AI-driven productivity improvements, which together provide opportunities for risk assets to outperform [1] - The bank recommends a diversified allocation strategy across regions, industries, and multiple strategies to hedge against uncertainties and capture structural opportunities [1] Group 2 - On January 5, major stock indices opened high, with the Shanghai Composite Index reaching a ten-year high, closing up 1.5% at 4083.67 points, marking a 13-day winning streak, while the Shenzhen Component Index rose 1.4% to 14022.55 points, and the ChiNext Index increased by 0.75% to 3319.29 points [1] - The total trading volume in the Shanghai and Shenzhen markets was 28,065.75 billion yuan, an increase of 2,602 billion yuan compared to the previous trading day, with over 4,100 stocks rising, including 143 stocks hitting the daily limit [1] Group 3 - In the first week of January 2026, two new funds were launched, primarily bond funds, while 18 funds distributed dividends, mostly bond funds, with the highest dividend payout from the CICC Highway Closed-End Infrastructure Securities Investment Fund at 1.2400 yuan per 10 fund shares [2] - The brokerage index showed significant gains, with several sell-side strategies optimistic about the sector's valuation recovery, as leading brokerages' price-to-book ratios remain below historical averages, suggesting potential for profit growth [2] - The asset management business of brokerages has shown steady development, with private asset management scale reaching 5.8 trillion yuan by the end of November 2025, and a focus on differentiated research capabilities becoming a new competitive edge [2]