11月13日，中国证券投资基金业协会发布证券期货经营机构私募资管产品备案月报 （2025年9月）。报 告显示，截至2025年9月底，证券期货经营机构私募资管产品规模合计12.46万亿元（不含社保基金、企 业年金），较上月底增加1210.08亿元，环比减少0.96%。其中，期货公司及其资管子公司平均管理私募 资管产品规模为40.62亿元，管理规模中位数为3.36亿元。 （文章来源：期货日报网） ...

Core Insights - The China Securities Investment Fund Association reported significant growth in private asset management products, with a total of 1,874 products registered by securities and futures institutions as of July 2025, marking a month-on-month increase of 33.95% and a year-on-year increase of 113.44% [1] - The total establishment scale of these products reached 105.972 billion yuan, reflecting a month-on-month increase of 93.58% and a year-on-year increase of 95.02% [1] - As of the end of July 2025, the total scale of private asset management products by securities and futures institutions amounted to 12.48 trillion yuan (excluding social security funds and corporate annuities), which is an increase of 385.384 billion yuan from the previous month, representing a month-on-month growth of 3.19% [1]