Core Viewpoint - Two prominent active equity investment fund companies in Shanghai, namely交银施罗德基金 and 兴证全球基金, have recently entered the ETF market, indicating a shift in strategy towards passive investment products as the ETF market continues to grow and diversify [1][11]. Group 1: ETF Market Entry - 交银施罗德基金 has re-entered the ETF space after 14 years, submitting the交银施罗德 中证智选沪深港科技50ETF for approval, which tracks the 中证智选沪深港科技50指数, showcasing strong performance with over 50% growth this year [5][6]. - 兴证全球基金 has also submitted its first ETF product, the兴证全球沪深300质量ETF, marking a significant milestone for the company after 22 years of operation [7][9]. Group 2: Market Dynamics and Competition - The ETF market has surpassed 5 trillion yuan in total scale, leading to increased competition among public funds, with many considering entry into the ETF space [11]. - The top three ETF providers, 华夏基金, 易方达基金, and 华泰柏瑞基金, hold a combined market share of 46.4%, while the top ten account for 80.2%, indicating a highly concentrated market [12]. Group 3: Strategic Considerations for New Entrants - New entrants should leverage their research capabilities to create unique ETF products based on existing indices, focusing on niche areas such as thematic and multi-asset indices [13]. - Collaborating with index companies to develop exclusive market indices can enhance competitive advantage, while also addressing the diverse needs of investors [13]. - The current market still has gaps in ETF offerings, suggesting that it is not too late for new entrants to establish themselves in the market [13].
又一主动投资巨头，杀入5万亿ETF赛道！
中国基金报·2025-10-01 02:02