机构乐观预测2026年市场表现，“纺锤型”策略受关注

Core Insights - Multiple asset management institutions, including HSBC Jintrust Fund, Xinyuan Fund, Everbright Pramerica Fund, Morgan Asset Management, and Swiss Pictet Asset Management, have provided outlooks for the equity market in 2026, highlighting the potential for corporate earnings recovery to be a key focus [1] - Despite rising global macro volatility, the reduction of domestic tail risks and the reasonable valuation of equity and bond assets enhance the attractiveness of Chinese equity assets [1] - Some institutions are shifting their strategies from a focus on high dividend and technology sectors to a "spindle-type" allocation, with a growing interest in the midstream cyclical manufacturing sector [1]