【银行理财】多元资产配置新浪潮，银行理财涌现哪些新范式？——2025年7月银行理财市场月报

Core Viewpoint - The article discusses the ongoing transformation of bank wealth management towards diversified asset allocation, driven by low interest rates and asset scarcity, necessitating a restructuring of risk-return strategies [3][8]. Group 1: Regulatory Policies and Industry News - The transition to diversified asset allocation is characterized by a shift from "fixed income" to "fixed income+" strategies, which includes expanding investment regions, asset types, strategies, and scenarios [3][10]. - Recent developments include the launch of the "Xinghui+" multi-asset product system by Huibin Wealth Management, which integrates various investment strategies [7]. - The collaboration between Xingyin Wealth Management and the Straits Equity Exchange Center marks a significant step in equity registration services [7]. Group 2: Market Trends and Performance - As of July, the total market size of wealth management products saw a slight increase of 1.75% to 31.28 trillion yuan, with a year-on-year growth of 5.90% [4]. - The annualized yield for cash management products decreased by 9.81 basis points to 1.35%, while pure fixed income products yielded 1.87%, down by 0.79 percentage points [4]. - The new issuance of wealth management products declined in July, reflecting a contrast to the issuance peak in June, with most performance benchmarks being adjusted downward [4]. Group 3: Product Performance and Standards - The compliance rate for closed-end wealth management products reached 85.89% in July, showing a slight increase from June, while the compliance rate for open-end products was 70.13% [5].