Core Insights - The average return of asset management products displayed on the private equity platform reached 0.66% in May 2025, with 72.55% of the products showing positive returns [1][2] - Multi-asset strategy products led the performance with an average return of 1.53% in May, while futures and derivatives strategies and stock strategies both achieved over 10% average returns over the past year [1][2] Performance by Strategy - **Futures and Derivatives Strategy**: - Total products: 119 - May average return: 0.27% - Six-month average return: 2.28% - One-year average return: 13.33% - Three-year average return: 26.89% [2] - **Combination Fund**: - Total products: 111 - May average return: 0.87% - Six-month average return: 2.72% - One-year average return: 8.49% - Three-year average return: 8.71% [2] - **Bond Strategy**: - Total products: 66 - May average return: 0.34% - Six-month average return: 2.46% - One-year average return: 4.05% - Three-year average return: 19.36% [2] - **Stock Strategy**: - Total products: 43 - May average return: 1.07% - Six-month average return: 0.79% - One-year average return: 11.70% - Three-year average return: 2.41% [2] - **Multi-Asset Strategy**: - Total products: 32 - May average return: 1.53% - Six-month average return: -0.08% - One-year average return: 4.52% - Three-year average return: 5.12% [2] Top Performers - **Stock Strategy**: - Top three products: 1. "国海良时金时2号指数增强" managed by Guohai Liangshi Futures 2. "野村东方国际君和1号" managed by Nomura Orient International Securities 3. "金鹰行稳致远3号集合" managed by Golden Eagle Fund [3][5] - **Futures and Derivatives Strategy**: - Top three products: 1. "瑞达期货-瑞智无忧99号单一" managed by Ruida Futures 2. "天风天成天赢2号" managed by Tianfeng Tiancheng 3. "瑞达期货-冠优股指2号" managed by Ruida Futures [7][8] - **Combination Fund**: - Top three products: 1. "招商期货-司元" managed by招商期货 2. "汇安基金美来一号" managed by 汇安基金 3. "鹏华资产中证500指数增强FOF" managed by 鹏华资产 [10][11] - **Multi-Asset Strategy**: - Top three products: 1. "五矿期货宏观量化股指转债一号" managed by 五矿期货 2. "金信跃迁一号" managed by 金信期货 3. "广发期货" products [14][16] - **Bond Strategy**: - Top three products: 1. "海通期货黄金1号" managed by 海通期货 2. "华鑫证券鑫鹏可转债" managed by 华鑫证券 3. "海通期货利达1号" managed by 海通期货 [18][19]

近一年来（2024年5月初-2025年4月底），A股仅在去年9月份出现几天的暴力拉升，其余多数时 间都处于下跌或震荡状态。最终， A股三大指数中的上证指数、深证成指、创业板指在近一年涨 幅分别约为5.61%、3.26%、4.82%。 期货市场，以南华商品指数来看，趋势性行情持续时间也不长，多数时候是震荡行情；国债期货 和黄金相对强势。在这样的市场背景下， 各类资管产品的收益表现也出现了一定的分化 。 截至 2025年4月底，在私募排排网有业绩展示的资管产品共有353只 ， 近 1年收益均值约为 7.96%，期货及衍生品策略资管产品的整体业绩相对领先，收益均值为10.63% ；今年1-4月收益 均值约为0.68%，组合基金资管产品的整体业绩相对领先，收益均值为1.45%。 （需要说明的是，不同策略产品有着不同的风险、收益特征，高收益往往伴随着高风险，各策略 整体收益的高低，不代表策略的优异程度。） 本文首发于公众号"私募排排网"。 （点击↑↑ 上图查看详情 ） | 产品策略 (一级分类) | 有今年1-4月 业绩显示 的产品数 | 今年1-4月 收益均值 | 有近1年 业绩显示 的产品数 | 近1年 收益均值 ...