【导读】光证资管旗下大集合产品密集变更管理人 11月27日，光证资管旗下8只大集合产品正式变更管理人，这些产品后续将由光大保德信基金管理。临近年底，券商"参公大集合"资 管产品公募化改造过渡期进入尾声，没有公募牌照的券商资管，大多选择将旗下存量大集合产品转移至母公司旗下参股或控股的公 募基金。 密集变更管理人 11月27日，光证资管将旗下8只大集合产品转移给光大保德信基金管理，后者由光大证券持有55%股份。此前2月份，光证资管旗下 多只参公大集合产品也变更了管理人。 公开资料显示，光证资管于2012年5月9日成立，其前身为光大证券资产管理总部，是国内上市券商旗下首家资产管理公司。光大证 券2024年年报显示，光证资管2024年营收为6.75亿元，净利润为2.19亿元；截至2024年末，光证资管受托资产管理规模为3114亿 元，较该年年初增长3.71%。 根据2018年资管新规配套《操作指引》要求，券商"参公大集合"需在过渡期后完成公募化改造，未取得公募牌照的券商及资管子公 司，旗下相关产品到期后可选择清盘、延期或变更管理人三条路径。其中，将管理人变更为公募基金公司，并将产品注册为公募基 金，已成为行业主流处置 ...

Group 1 - The stock price of Guoyuan Securities as of August 8, 2025, is 8.59 yuan, down 0.02 yuan or 0.23% from the previous trading day [1] - The company opened at 8.60 yuan, reached a high of 8.64 yuan, and a low of 8.53 yuan, with a trading volume of 286,800 hands and a transaction amount of 246 million yuan [1] - Guoyuan Securities is a comprehensive securities company based in Anhui, involved in securities brokerage, investment banking, and asset management, and is a constituent of the Shenzhen 500 index [1] Group 2 - Recently, Guoyuan Securities' asset management product "Guoyuan Yuanying Six-Month Regular Open Bond Type Collective Asset Management Plan" has transitioned to Changsheng Yuanying Six-Month Regular Open Bond Fund, marking a case of public offering transformation in the securities asset management industry [1] - According to regulatory requirements, securities firms' collective asset management products must gradually complete their transformation, which may include converting to public funds, transferring to affiliated public institutions, or liquidation [1] - On August 8, the net outflow of main funds from Guoyuan Securities was 8.42 million yuan, accounting for 0.02% of the circulating market value, while over the past five trading days, the cumulative net inflow of main funds was 25.89 million yuan, representing 0.07% of the circulating market value [1]