智通财经5月7日电，中国证监会印发《推动公募基金高质量发展行动方案》，加强监管引导与制度供 给。在基金公司监管分类评价中，显著提升权益类基金相关指标权重，突出权益类基金发展导向，依法 强化分类评价结果运用。制定公募基金参与金融衍生品投资指引，更好满足公募基金加强风险管理、稳 定投资行为、丰富投资策略等需求。 证监会：在基金公司监管分类评价中 显著提升权益类基金相关指标权重 ...

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has issued an action plan to promote the high-quality development of public funds, focusing on the innovation and development of equity fund products [1] Group 1: Fund Product Innovation - The plan actively supports the innovation of actively managed equity funds, aiming to introduce more floating fee rate fund products linked to fund performance and investor returns, encouraging long-term holding [1] - There is a strong emphasis on developing various types of on-exchange and off-exchange index funds, continuously enriching theme-based stock index funds that align with national strategies and development directions [1] Group 2: Market Participation - The CSRC is researching the establishment of pilot products for off-exchange broad-based index funds that facilitate swap operations [1]

随着上市公司2024年年报和2025年一季报披露完毕，鸿鹄基金投资动向浮出水面。 今年一季度，鸿鹄基金大手笔加仓伊利股份和陕西煤业，对中国电信仓位不变。 鸿鹄志远基金2025年一季度持仓 股东类型:十大流通股东 2025一季报 | 持股家数 | 新进 | 加仓 | 不变 | 減仓 | | --- | --- | --- | --- | --- | | 3家 | - | 2家 | 1家 | l | 持股行业分布(共参股3家) 通信服务 47.56%(+1%) 数据 化论 34.12% 煤炭开采 18.33%(-1%) 持有股票 持有市值(元)◆持股比例 ① 环比增减◆ 持股排名◆ | 伊利股份 42.89亿 2.41% 9.70% | 5 v | | --- | --- | | 600887 增持 | | | 陕西煤业 23.04亿 1.20% 1.20% 14.84% | 6 v | | 601225 增持 | | | 中国电信 59.79亿 0.83% 不变 | 8 v | 来源:同花顺 截止日期:2025年3月31日 條隆汇 ETF进化论 601728 cibel 鸿鹄基金在2024年三季度末首次成为陕西 ...

Market Overview - On April 29, the Shanghai Composite Index fell by 0.05%, the Shenzhen Component Index also fell by 0.05%, and the ChiNext Index decreased by 0.13%[3]. - The trading volume on April 30 was 1.04 trillion CNY, a decrease of approximately 40 billion CNY compared to the previous trading day[1]. Sector Performance - Industries such as beauty care, machinery, media, and light industry saw significant gains, while public utilities, oil, coal, and social services experienced notable declines[1]. - The majority of sectors showed limited upward movement, indicating a weak market structure with most sectors declining over the past five days[1]. Capital Flow - On April 29, net inflows into the Shanghai Stock Exchange were 4.695 billion CNY, while net inflows into the Shenzhen Stock Exchange were 4.105 billion CNY[4]. - The top three sectors for capital inflow were IT services, general equipment, and automotive parts, while the top three sectors for outflow were electricity, securities, and liquor[4]. Policy and Economic Measures - The National Development and Reform Commission announced an additional 81 billion CNY in special long-term bonds to support the consumption upgrade program[5]. - The construction of the electricity spot market is set to accelerate, with specific deadlines for various regions to transition to formal operations by 2025 and 2026[6][7]. Industry Insights - Canalys predicts that by 2025, the penetration rate of L2 and above functionalities in the Chinese market will reach 62%, a significant increase from 2024[12]. - The issuance of new funds has surpassed 300 billion CNY this year, with nearly half allocated to equity funds, indicating a recovery in the active equity fund issuance market[15].

Core Viewpoint - ICBC Wealth Management has appointed Wu Qian as the new chairman, effective April 3, 2025, following approval from the National Financial Regulatory Administration. Wu has extensive experience in the financial sector, particularly within ICBC, and her leadership is expected to address the company's profitability challenges [2][4]. Group 1: Leadership Changes - Wu Qian will be the third chairman of ICBC Wealth Management, succeeding a position that has been vacant for nearly a year [4]. - The company has seen significant turnover in its leadership, with three chairmen and two presidents in its six-year history, indicating instability in its executive team [2][9]. - Wu's background includes 20 years in ICBC's financial accounting system and leadership roles in ICBC Ansheng Life Insurance, showcasing her deep ties to the "ICBC system" [2][3][8]. Group 2: Financial Performance - As of the end of 2024, ICBC Wealth Management's product management scale reached 1.96 trillion yuan, a 22% increase year-on-year, ranking second among the six major state-owned bank wealth management subsidiaries [9]. - The net profit for 2024 was 1.42 billion yuan, reflecting a 7.3% year-on-year growth, but this growth rate was the lowest among its peers, causing a drop in its ranking from third to fourth [9][10]. - The company has struggled to leverage its parent bank's strengths, leading to a decline in profitability despite an increase in management scale [9][10]. Group 3: Market Trends and Challenges - The wealth management industry is experiencing a shift towards equity and multi-asset investments, with ICBC Wealth Management's allocation to equity assets increasing significantly, although it still remains low at 3.1% of total assets [10][11]. - The company has faced challenges in adapting to a competitive environment characterized by price wars and a focus on customer-centric strategies, which Wu Qian aims to address [9][12]. - Wu's previous experiences in the insurance sector highlight her understanding of the need to balance growth and profitability, a challenge that ICBC Wealth Management currently faces [12].

数据说明： 本期产品类型为混合类公募产品和权益类公募产品，要求产品成立时间在2024.12.31前，结束时间在 2025.3.31后，各指标的取数时间以机构官方公布2025年3月最后一个净值日期为基准向前推算对应的指 标计算区间。榜单排名来自理财通AI全自动化实时排名，如您对数据有疑问，请在文末联系助理进一 步核实。 | | | 销售机构:光大银行 | | | | | --- | --- | --- | --- | --- | --- | | 4 | 天工日开理财产品 华夏理财 8.79% | | 6.22% | 22.25% | 5.73618 | | | 6号(微盘成长低波 | | | | 487 | | | 指数) | | | | | | | 销售机构:华夏银行 | | | | | | 5 | 光大理财 7.67% 阳光红ESG行业精 | | 6.09% | 17.43% | 5.10967 813 | | | 遊 | | | | | | | 销售机构:光大银行 | | | | | | 6 | 光大理财 4.58% 阳光红优选500指 | | 5.05% | 18.80% | 3.68047 527 | ...

Wind数据显示，如果按股票仓位超过50%的口径统计权益类基金，截至一季度，权益基金的平均持股 集中度为43.98%，相比去年末的44.19%有所下降，其中约2900只权益类基金的持股集中度下滑，占比 约48%，这意味着将近一半的权益基金的持股集中度都进一步分散。 ...

撰稿|何威 来源|贝多财经 从管理超过4500亿的基金规模，到彻底归零需要多长时间？ 华夏基金"ETF一哥"张弘弢告诉我们只需要4个多月。 随着最后2只公募产品的基金经理卸任，曾经的"华夏ETF一哥"已无在管公募产品。 4月19日，华夏基金公告称，因个人原因，张弘弢卸任华夏中证红利质量ETF及其联接基金的基金经 理，离任日期为4月17日。这也是继去年11月后，他再次卸任产品，自此，张弘弢已无在管公募产品。 | 基金名称 | 华夏中证红利质量交易型开放式指数证券投资基金 | | --- | --- | | 基金简称 | 华夏中证红利质量 ETF | | 基金主代码 | 159758 | | 基金管理人名称 | 华夏基金管理有限公司 | | 公告依据 | 《公开募集证券投资基金信息披露管理办法》 | | 基金经理变更类型 | 解聘基金经理 | | 共同管理本基金的其他基金经理姓名 | 杨斯琪 | | 离任基金经理姓名 | 张弘费 | | 离任基金经理姓名 | 张弘량 | | --- | --- | | 高任原因 | 个人原因 | | 凝任日期 | 2025年4月17日 | 而张弘弢离职的背后，华夏基金后继无人、E ...

近几日，多家银行理财公司表示，通过直接投资或间接投资方式持续增持ETF等权益类资产，并将进一 步加大资本市场投资力度。中银理财、交银理财、中邮理财、浦银理财等多家万亿元级理财公司宣布增 持ETF等权益类资产。（中国基金报） ...

导语 晨星基金研究秉持独立性与投资者利益优先的原则，通过对基金投研团队、投资流程等 的分析来确定对基金的信心。我们的研究方法注重可持续性并以长期投资为导向，助力 投资者在基金选择中做出更加明智的投资决策。本篇文章介绍晨星基金研究团队在权益 资产类别中值得关注的四只基金产品，期望能为投资者在决策中提供参考。 ►► 易方达逆向投资混合 产品速览 该基金是一只沪港深积极配置型基金，除了主要投资于A股外，契约中规定50%以内的股票资产可以投资 于港股,基金经理通过对比A股和港股的性价比从而决定港股在组合里面的配置比重。基金经理采用GARP 策略，旨在以合理的价格买入具有持续稳定增长潜力的股票。 产品潜力 基金经理杨嘉文先生属于投资能力较强的中生代基金经理，他具备13年证券从业经历和7年公 募基金管理经验。虽然他2021年4月才开始管理该基金，但是他采用相同的策略从2017年12月 开始管理纯A股基金—易方达科瑞混合基金至今，目前已经管理超过7年的时间，管理期良好 业绩表现也证明了基金经理较强的投资A股的能力。 基金经理的投资思路偏逆向，倾向于回避市场关注度相对较高的行业和个股，而把研究和投资 资源投放到市场关注度相对 ...