编者按：8月16日，"2025资产管理年会"在上海举办。"资产管理年会"始于2007年，历经十余年积淀， 目前已是国内资管行业最具影响力的盛事之一。本届年会聚焦主题"破局与重构——大资管再造竞争 力"，金融监管部门、权威专家学者、各大机构的负责人等千余名资管人士参加会议并围绕大资管发展 趋势、多元资产配置等重要议题展开分享和讨论，本专题特刊精选了部分会议内容予以刊发。 本报记者 吴霜 8月16日，由南方财经全媒体集团指导，21世纪经济报道主办、浦发银行联合主办的"2025资产管理年 会"在上海浦东隆重举办。 "肩负金融强国的使命、践行金融为民的责任，是资管行业回归初心，再造竞争力的力量之源"，在主论 坛上，浦发银行董事长、党委书记张为忠表示，近年来，资管行业迎来了"天时、地利、人和"的发展契 机，正加快从"规模扩张"向"质量提升"转变，浦发银行将以"一个中心、四化发展"，全面融入到上海国 际金融中心建设的大局之中。 近年来，浦发银行确立了"数智化"战略，明确深耕科技金融、供应链金融、普惠金融、跨境金融、财资 金融五大赛道，强化数字基建、数字产品、数字运营、数字风控与数字生态"五数"建设，打造差异化竞 争优势。 ...

Core Insights - The Chinese asset management industry is experiencing rapid growth, with the total scale expected to exceed 150 trillion yuan by the end of 2024, marking a historical high [1] - Various sub-sectors, including public funds, bank wealth management, insurance asset management, trust industry, and private equity, are contributing to the overall development of the asset management landscape [1][2] Public Funds - The public fund sector is leading the industry with a scale of 43.43 trillion yuan, showing the highest growth rate among all asset management sectors [2] - Approximately 82.4% of the 1.93 million funds achieved positive returns in 2024, with an average return of 5.06% [2] - The average returns for different fund types include 8.85% for equity funds, 4.49% for bond funds, and 3.71% for mixed funds [2] Trust Industry - The trust industry is undergoing a transformation, with trust assets reaching 29.56 trillion yuan, a historical high, and a 55.61% year-on-year increase in funds directed towards the securities market [2][3] - Regulatory policies are encouraging trust companies to shift from traditional non-standard financing to standardized products, enhancing market liquidity and rational capital allocation [3] Bank Wealth Management - As of Q1 2025, there are 215 banks and 31 wealth management companies with a total of 40,600 existing wealth management products, with a scale of 29.14 trillion yuan, reflecting a 9.41% year-on-year increase [3] - New regulations are being drafted to standardize information disclosure for asset management products, which will positively impact the market's health [3] Financial Asset Allocation - The proportion of financial assets in Chinese households is increasing, with a notable reliance on fixed deposits, which account for 33.6% of total financial assets, significantly higher than in the US and other developed countries [5] - There is a trend towards higher risk asset allocation among residents, with a growing interest in investment products as low-interest rates drive the search for higher returns [6][7] Investment Behavior - A survey indicates that 61.4% of residents prefer saving, while 13.6% are inclined towards more investment, showing a slight increase in investment interest [6] - The preferred investment methods include bank, securities, and insurance company wealth management products, as well as fund trust products and stocks [6] Industry Challenges and Opportunities - The asset management industry faces challenges such as declining yields and increasing volatility, which complicate asset allocation [8] - Future competitiveness will depend on the ability to provide diverse investment strategies and meet differentiated client needs [8][10] Innovation and Digitalization - Financial institutions are innovating to offer more equity-linked wealth management products, enhancing the variety of investment options available to investors [9] - Digital tools are becoming essential for improving asset allocation capabilities and operational efficiency, which can strengthen competitive advantages in the market [10]