光大保德信基金总经理高瑞东：春启万象新，笃行赴山海

Core Insights - The public fund industry in China has achieved significant milestones in 2025, with the industry scale surpassing 37 trillion yuan, marking a historical high [3] - The company has reached a new peak in public fund management scale since its establishment, achieving a balance between scale and quality for long-term stable development [4] - The company has maintained a leading position in fixed income investments, ranking first in absolute returns over the past three years and second over the past five and ten years [4] Industry Overview - In 2025, China's GDP exceeded 140 trillion yuan, indicating synchronized improvement in economic growth quality and efficiency [3] - The public fund industry has undergone systematic restructuring due to landmark policies and regulations, with a steady decline in comprehensive fee rates benefiting investors [3] - The expansion of public REITs has accelerated, initiating trials in commercial real estate and activating new momentum for existing assets [3] Company Strategy - The company aims to enhance compliance and operational safety, integrating regulatory practices into every aspect of its development [5] - Investment research capabilities will be deepened to create sustainable investment returns for clients [5] - A diversified product service system will be established, focusing on multi-strategy fixed income products and increasing investments in equity funds, particularly in long-term allocation areas like pension finance [5] Future Outlook - The public fund industry is at a critical stage of high-quality development, emphasizing the need for improved asset allocation capabilities and enhanced investor service experiences [5] - The company is committed to a long-term perspective, aiming to support national strategies and help residents preserve and grow their wealth [5]