Core Insights - The forum focused on the theme "Asset Management Towards Excellence: Intelligent New Journey," discussing global asset management market trends and high-quality development paths [1] - Three core transformations are reshaping China's 210 trillion yuan asset management industry: continuous improvement of regulatory frameworks, deep restructuring of asset structures, and increasingly rational investor behavior [1][3] - The importance of long-term and value investing is emphasized, with a warning against short-term speculative strategies [3][5] Group 1: Regulatory and Market Environment - Continuous improvement of regulatory frameworks is expected to lay a solid institutional foundation for high-quality development in the asset management industry over the next decade [1] - The deep restructuring of asset structures is leading to a revaluation of high-quality assets due to their scarcity [1] - The stability of the renminbi and the diversity of asset types in China are seen as favorable factors for global investors seeking risk diversification [3] Group 2: Investment Strategies and Trends - The core asset allocation directions for the next five years include self-controlled sectors, new consumption trends, mergers and acquisitions of leading enterprises, and innovation in traditional industries [3] - The need for a balanced approach to asset allocation, focusing on both growth potential and risk avoidance, is highlighted [5][8] - The integration of active and quantitative investment strategies is essential to keep pace with market pricing dynamics [5] Group 3: Wealth Management Evolution - Wealth management demand is evolving towards diversification and personalization, prompting changes in the asset management industry's value chain and business models [7] - The definition of "stability" in wealth management is being re-evaluated, with different institutions having varying focuses on absolute versus relative returns [7][8] - The importance of building a quality wealth management framework from the outset is emphasized, with a focus on client and product labeling [8] Group 4: Technological Impact - Artificial intelligence is recognized as a significant tool in investment, but its application should be cautious to maintain control over the investment process [6] - The need for collaboration with AI leaders in the industry is suggested to leverage their capabilities while avoiding over-reliance on automated systems [6]

金融街合作发展理事会资产管理专委会2025年度会议近日在京举行，来自监管部门、行业协会、资管机 构、科创企业等百余位嘉宾齐聚一堂，共话资管行业高质量发展新路径。北京市西城区委书记刘东伟、 中国工商银行副行长张伟武、北京市人民政府副秘书长丁章春、国家金融监督管理总局资管机构监管司 司长赖秀福、证监会机构司司长赵山忠出席活动并致辞，北京市西城区委常委、常务副区长刘梅英主持 致辞环节。 刘东伟表示，近年来，西城区致力于推动资产管理行业成为区域高质量发展的重要增长极，目前已汇聚 银行理财、保险资管、公募基金、私募股权等全类型中外资机构，形成规模可观、结构优化、功能健全 的资管生态。作为国家金融管理中心所在地，西城区将强化政策激励，深化平台对接，优化服务水平， 更好发挥资管在赋能科创、构建现代化产业体系等方面的重要作用，打造全球一流的资产管理高地。 本次会议由北京市委金融办和西城区人民政府指导，金融街合作发展理事会资产管理专委会主办，北京 金融街服务局和工银理财有限责任公司承办，中国保险资产管理业协会、中国信托业协会、中国证券业 协会、中国证券基金业协会、中国期货业协会、北京资产管理协会支持。 张伟武指出，正确引导耐心 ...

Core Viewpoint - The release of the "Beijing Asset Management Industry Development Report (2025)" emphasizes the need for a new framework in asset management to empower industry development, highlighting the importance of understanding macroeconomic changes and the evolving landscape of risks in the sector [1][4]. Industry Overview - The asset management industry in China is currently in a critical phase of high-quality development, with Beijing serving as a significant financial management center. The report aims to provide a comprehensive analysis of the industry's current state and future trends, offering valuable insights for market participants [5][6]. Key Statistics - By the end of 2024, the total asset management scale in China is projected to reach 165.45 trillion yuan, with an average annual compound growth rate of 7.45% since 2019. In Beijing, asset management institutions are expected to manage nearly 50 trillion yuan, accounting for about 30% of the national total [6]. Industry Trends - The report identifies six major trends for the future of Beijing's asset management industry, including: - Continued support for key areas such as technological innovation, green economy, and digital economy [7]. - A shift from scale pursuit to quality and efficiency enhancement, with a focus on investment research capabilities and risk management [7]. - A return to core business principles, emphasizing customer needs and product diversification [7]. - An optimized market structure with clearer distinctions among leading institutions, boutique firms, and foreign entities [7]. - Improved regulatory frameworks aimed at fostering a healthy development environment [7]. - Enhanced international collaboration and regional synergy, particularly in the context of the Beijing-Tianjin-Hebei integration [7].

Core Insights - The report highlights the robust development and significant clustering effect of the asset management industry in Beijing, with the total management scale nearing 50 trillion yuan by the end of 2024, accounting for nearly 30% of the national total [1][2] Group 1: Industry Overview - Beijing has over 3,300 asset management institutions, including nearly one-third of the country's bank wealth management subsidiaries, half of the insurance asset management institutions, and a quarter of public fund management companies [1] - The asset management industry in Beijing is positioned as a crucial player in the national landscape, reflecting its importance in the overall asset management sector [1] Group 2: Future Trends - The report outlines six major trends for the development of the asset management industry in Beijing, emphasizing continued support for key areas such as technological innovation, green low-carbon initiatives, and digital economy [2] - The industry is expected to shift from a focus on scale to enhancing quality and efficiency, with investment research capabilities, technological empowerment, and risk management becoming core competitive advantages [2] - There will be a return to core business principles, focusing on genuine customer needs and promoting diversified and personalized product innovation [2] - The market structure is anticipated to optimize further, with clearer characteristics of comprehensive leading institutions, specialized boutique firms, and localized foreign institutions [2] - The regulatory framework will evolve towards a more transparent, collaborative, and intelligent system to support healthy industry development [2] - The asset management industry in Beijing will play a more significant role in regional collaboration and global asset allocation, particularly in the context of the Beijing-Tianjin-Hebei coordinated development [2] Group 3: Expert Commentary - The report provides a comprehensive analysis of the development trends and future directions of the asset management industry in Beijing, supported by detailed data and trend analysis [3] - It offers valuable insights into the scale and structural characteristics of the industry, as well as an in-depth examination of the ecosystem, innovation dynamics, and service efficiency [3]

北京资产管理协会会长、工银理财有限责任公司总裁高向阳表示，当前，我国资产管理行业正处于高质量发展的关键阶 段，北京作为国家金融管理中心，其资管行业的发展态势、创新实践与未来走向，不仅关乎首都经济的高质量发展，更对全国 资管行业有着重要的风向标意义。 展望未来，《报告》综合研判宏观经济、监管政策和技术变革等多重因素，提出了北京资管行业发展的六大趋势。具体来 看，行业将继续立足国家战略，持续强化对科技创新、绿色低碳、养老民生、数字经济等重点领域的金融支持；行业自身将深 化转型，从追求规模转向提升质量与效率，投研能力、科技赋能与风险管理将成为核心竞争力；业务将更加回归本源，围绕客 户真实需求，推动产品的多元化、个性化创新；市场格局将进一步优化，头部机构综合化、精品机构专业化、外资机构本土化 的特征会更加清晰；配套的监管体系将进一步完善，朝着更加穿透、协同、智能的方向发展，为行业健康发展保驾护航；国际 开放与区域协同将迈向新高度，北京资管行业将在京津冀协同发展、跨境资金流动、全球资产配置中发挥更重要的作用。 （编辑 张伟） 本报讯 （记者杨洁）9月12日，《北京资产管理行业发展报告（2025）》（以下简称《报告》）发 ...