在A股市场结构性行情与多资产机会共振的背景下，2025年以来私募分红迎来爆发式增长。私募排排网 不完全统计数据显示，截至2025年11月30日，在有业绩展示的私募产品中，今年以来共有产品实施分红 1658次，合计分红金额突破170亿元大关，达173.38亿元，与去年同期的51.51亿元相比，同比大增 236.59%。 期货及衍生品策略受益于商品市场的趋势性行情，今年以来分红204次，金额12.09亿元，占比6.97%。 2025年全球大宗商品市场受供需格局变化、地缘政治等因素影响，呈现出清晰的趋势性走势，擅长捕捉 价格波动的期货及衍生品策略私募精准把握了这一机会，创造了可观的盈利。 债券策略则延续了固定收益类资产的求稳特性，今年以来分红171次，金额10.51亿元，占比6.06%。组 合基金分红规模相对较小，今年以来分红67次共计3.58亿元，占比2.06%。 从管理模式来看，主观私募与量化私募的分红积极性呈现明显分化。其中，非量化私募产品今年以来分 红达1101次，分红金额114.69亿元，占比66.15%；而量化私募产品尽管今年业绩表现抢眼，分红金额却 仅为58.69亿元，占比33.85%，分红金额约为非 ...

Group 1 - The article discusses the recent rise of the Shanghai Composite Index above 4000 points after a decade, indicating a slow bull market and the need to identify structural investment opportunities [1] - The 2025 Securities Times Analyst Annual Conference will be held in Suzhou, featuring top investment institutions and analysts discussing high-quality development [2] - The conference will include four specialized forums covering 30 research areas, providing insights into market trends and investment strategies [3] Group 2 - The specialized forums will address various topics, including macro trends, industry comparisons, consumer recovery, new pharmaceutical cycles, semiconductor technology, artificial intelligence applications, advanced manufacturing, and low-carbon transitions [4] - Early bird tickets for the conference are available at a discounted price, encouraging participation in the event [5][6] - Different ticket options are offered, including full access, single-day access, and specific forum access, with early bird discounts available for all types [7][8] Group 3 - The specialized forums are scheduled for December 18-19, with sessions starting in the morning and afternoon, focusing on macroeconomics, health, consumption, advanced manufacturing, and technology [9]

Core Viewpoint - The trust funds are accelerating their entry into the market amid a structural market trend, with significant growth in the establishment of trust products, particularly in bond and equity investments [1] Group 1: Trust Fund Market Trends - In July, the number of established standard trust products increased by over 17% month-on-month [1] - Both bond investment and equity investment trust products saw significant month-on-month growth in establishment numbers [1] Group 2: Investment Strategies - Leading trust companies are actively promoting "fixed income plus" strategies, increasing allocations to convertible bonds, REITs, and other rights-related assets [1] - The decline in risk-free interest rates is creating continuous structural opportunities in the capital market, prompting institutional funds to accelerate their market entry [1] Group 3: Asset Allocation - Equity assets are becoming a necessary option for asset allocation as institutional funds seek to capitalize on emerging opportunities [1]