同比激增171%！9月私募备案数据出炉，量化产品占比超三成！头部私募“强者恒强”

Core Insights - The article highlights a significant increase in the number of private equity securities products registered, with 1,028 products registered in September 2025, a 10.22% decrease from August but a 171.24% increase year-on-year compared to 379 products in September 2024 [1][3]. Strategy Distribution - Among the registered products, equity strategies dominate with 668 products, accounting for 64.98% of the total. Multi-asset strategies follow with 155 products (15.08%), while bond strategies (71 products, 6.91%) and futures and derivatives strategies (69 products, 6.71%) are nearly equal in size [1][3]. - Quantitative products showed strong performance in September, with 364 products registered, making up 35.41% of the total. Within this, quantitative long strategies contributed the most with 166 products (45.60%), and market-neutral strategies accounted for 69 products (18.96%) [3][4]. Manager Scale and Market Dynamics - The article notes a concentration of registration among leading private equity firms, with 20 out of 27 active managers having over 10 billion in assets under management, representing 74.07% of the total [5][7]. - The top private equity firms, such as Liwei Private Equity and Maoyuan Quantitative, are noted for their competitive edge in research capabilities, risk control systems, and brand reputation, which enhances their ability to attract funding and adapt to market changes [5][7]. Quantitative Strategy Insights - The article discusses the differentiation in quantitative strategies, reflecting a dual pursuit of "yield" and "stability" in the market. Quantitative long strategies effectively capture structural opportunities in a fluctuating market, while market-neutral strategies cater to low-volatility preferences [4][7]. - The article also mentions that the number of quantitative managers is close to 60%, indicating a strong presence of quantitative strategies in the market [6][7].