半两财经｜近38万亿元！公募基金规模创历史新高

Group 1 - The core viewpoint of the article highlights that the total net asset value of public funds in the market exceeded 37.64 trillion yuan by the end of 2025, marking a historical high in scale [1] - Despite fluctuations in the A-share market, the scale of index funds continued to grow, providing stable incremental capital to the market [1] - Equity funds maintained a high position overall, with active equity fund positions at historically high levels, focusing on technology and large-cycle sectors [1] Group 2 - Multiple fund managers expressed a relatively optimistic outlook for the medium to long-term trends in the capital market for 2026 [1] - The ongoing implementation of growth-stabilizing policies and accelerated industrial policy rollout are expected to enhance the market's internal driving force [1] - The role of public funds in serving long-term investments and the real economy is anticipated to become more prominent [1]