腰部基金公司规模“突围”！“爆款基”密集现身

Group 1 - The total scale of public funds reached 37.26 trillion yuan by the end of Q4 2025, with a quarter-on-quarter increase of over 1.3 trillion yuan [2] - The largest growth came from money market funds, which increased by 571.93 billion yuan, followed by bond funds with an increase of 446.94 billion yuan, and stock funds with an increase of 155.08 billion yuan [2] - The top two fund companies by total management scale are E Fund and Huaxia Fund, each managing over 2 trillion yuan, while eight other companies manage over 1 trillion yuan [2] Group 2 - The largest increase in non-money management scale was seen in Guotai Fund, which grew by 62 billion yuan, followed by Invesco Great Wall Fund with a growth of 53.12 billion yuan [3] - Several large fund companies experienced significant growth, with notable products contributing over 20 billion yuan in scale increase, such as the Huaxia CSI 500 ETF and the Invesco Great Wall Jing Sheng Dual Income Bond [3] - Mid-sized fund companies showed considerable changes, with several becoming "dark horses" in Q4 2025, such as Changcheng Fund and Dongcai Fund, which saw increases of over 20 billion yuan [4] Group 3 - Smaller fund companies like Shanzheng Asset Management and Huayin Fund also reported substantial growth in non-money management scale in Q4 2025 [4] - The rebranding of Beixin Ruifeng Fund to Huayin Fund led to a rapid increase in scale, reaching 26.75 billion yuan with a growth of 6.1 billion yuan [4] - Notable products from smaller firms, such as the Debon Xin Xing Value Fund, contributed significantly to their growth [4]