私募CTA收益榜出炉！京盈智投位列2025年榜首！持赢近半年领跑！华澄短中长业绩均居前3

Core Viewpoint - The article discusses the increasing prominence of CTA (Commodity Trading Advisor) strategies in the context of global supply chain restructuring, geopolitical conflicts, and energy transitions, highlighting their ability to generate absolute returns in volatile markets [6][11]. Group 1: CTA Strategy Overview - CTA strategies do not rely on overall market uptrends and can seek profit opportunities through long or short positions in futures and options, making them attractive during periods of high market uncertainty [6][11]. - In 2025, commodities are expected to experience significant price movements, particularly in precious metals and agricultural products, providing trend-following opportunities for CTA strategies [6][11]. Group 2: Performance Metrics - As of December 31, 2025, the average annual returns for subjective and quantitative CTA products were 34.55% and 20.21%, respectively, with subjective CTA ranking third overall [6][11]. - The top-performing CTAs for the second half of 2025 included companies like Holding Win Private Fund, Jingying Zhito, and Huacheng Private Fund, with the average return for the top 10 CTAs being notably high [8][12]. Group 3: Performance Rankings - In the second half of 2025, the top 10 private funds had an average return of ***%, with a significant number of funds managing under 5 billion [8][12]. - For the entire year of 2025, Jingying Zhito achieved the highest average return among CTAs, followed by Huacheng Private Fund and Jiaxin Rongcheng [12][13]. Group 4: Long-term Performance - Over the past three years, Xurian Investment led the rankings, with a notable average return, while Huacheng Private Fund consistently ranked among the top three [20][21]. - In the last five years, Huacheng Private Fund has been a top performer, achieving high average returns and demonstrating a strong operational strategy [28][29].