榜单排名前五的产品均来自宁银理财，榜首产品"宁赢个股臻选混合类开放式理财产品2号(最短持有3 年)"近一年净值增长率高达24.67%，但最大回撤也是上榜产品中最高，达到15.04%。"宁赢个股臻选混 合类开放式理财产品1号(最短持有2年)"和"宁赢混合类沪港深主题理财1号(最短持有2年)"依次位列榜单 第二、第三名，近一年净值增长率分别为23.53%和20.53%。 从风险等级来看，冠亚季军产品均为四级（中高风险）混合类理财，冠军与亚军产品的权益类资产配置 比例均逾七成，季军产品虽未涉足权益资产，却将81.82%的仓位集中于以股票型为主的公募基金。 数据说明：产品统计范围为理财公司1-3年（含）期限的混合类公募理财，产品统计截止日期为2025年 11月13日，统计区间为近一年。 截至2025年11月13日，南财理财通数据显示，理财公司1-3年（含）期限混合类理财近一年平均净值增 长率为5.13%，最大回撤均值为1.17%，277只样本混合类公募产品均实现正收益。 本期榜单共有3家理财公司上榜。其中，宁银理财上榜7只产品，杭银理财上榜2只产品，广银理财上榜1 只产品。 2025年A股主要指数集体上扬，创业板狂飙 ...

旗团 21世纪经济报道 理财公司月月正收益纯固收类 公募产品近一年业绩榜单 (投资周期6-12个月 | 号 | 产品名称 | 三十八 | 净值增 长率 | 最大回撤 | 年化波动 湖 | | --- | --- | --- | --- | --- | --- | | | 邮银财富·鸿运一年定开1 4号人民可理财产品 | 中邮理财 4.25% | | 0.51% | 0.89% | | | 9个月信用精选最短的有 | 中银理财 | 3.63% | 0.05% | 0.42% | | | 斯国仅里斯音品A | | | | | | | 邮政营销量可能运用期365 天型3号人民币理财产品 | 中邮理财 3.57% | | 0.43% | 0.70% | | 4 | 丰利甄合1年定期开放1 | 兴银理财 | 3.57% | 0.01% | 0.50% | | | 号固化学生财产品A | | | | | | 5 | 珠联璧合安稳1909一年 宸开公募人民币理财产品 南银理财 3.50% | | | 0.05% | 0.20% | | | B | | | | | | | "安容"固定收益类一年定 | 144 2 2 1 - ...

Core Insights - The Zhejiang Regulatory Bureau of the National Financial Supervision Administration has imposed a fine of 2.8 million RMB on Hangyin Wealth Management for mismatched product durations and inadequate risk management, along with a warning to the responsible person, Yuan Lihong [1][2]. Group 1: Regulatory Actions - Hangyin Wealth Management and its responsible personnel were penalized for illegal activities including mismatched product durations and inadequate risk management [2]. - Yuan Lihong, previously the General Manager of the Fixed Income Department at Hangyin Wealth Management, has been removed from the company's public investment personnel list [2]. Group 2: Company Performance - Hangyin Wealth Management's product balance reached 557.458 billion RMB by the end of Q3 2025, marking a 27.1% increase from the previous year [2]. - As of October 28, 2025, the company's managed product scale surpassed 600 billion RMB, reflecting a year-to-date growth rate of 36.8%, with nearly half of the sales coming from external channels and partnerships with 258 institutions [2]. Group 3: Industry Trends - This year, five wealth management subsidiaries have faced penalties, with violations primarily concentrated in three areas: investment operation, information disclosure, and internal control and risk management [3]. - Common issues include lack of management in non-standard debt investments, non-compliance in product investment concentration and liquidity management, and inadequate risk management practices [3].

Core Viewpoint - The asset management industry is undergoing a comprehensive transformation towards net value, presenting challenges for both investors and financial companies in understanding product characteristics and optimizing asset allocation to enhance investment experiences [1][3]. Group 1: Company Initiatives - Bank of China Wealth Management, established in July 2019, focuses on a people-centered development approach, continuously enriching its product system and optimizing investment strategies to meet diverse client needs [3]. - The company has developed a "4+1" wealth management companion matrix to provide attentive companion services to investors [3][6]. Group 2: Digital Empowerment - Digital technology has broken physical boundaries in wealth management services, enabling broader customer reach and product diversification, which are key to enhancing service quality [4]. - The "4+1" companion matrix integrates online platforms and offline teams, including four online platforms and a professional sales service team, to support a comprehensive investment and wealth management ecosystem [4][6]. Group 3: Educational Content Development - The company emphasizes transforming complex financial data into understandable content, aiming to make financial knowledge accessible and engaging for investors [7][8]. - Various educational initiatives, such as "Investment Knowledge at Your Fingertips" and "Pension Tips," have been launched to enhance public understanding of financial services and investment risks [8]. Group 4: Market Trends and Growth - The investment companion system has led to a steady increase in the acceptance of net value-based wealth management products, with a growing number of investors adopting a rational approach to risk and return [9]. - As of the third quarter of 2025, the number of investors holding wealth management products reached 139 million, a year-on-year increase of 12.70%, with the total scale of existing products amounting to 29.28 trillion yuan, up 15.26% [9].

Core Insights - The demand for closed-end wealth management products is increasing, with 5,675 new products launched in Q3 2025, a rise of 33 products from the previous quarter [1] - Closed-end products are characterized by larger scales and more diverse types, requiring higher asset allocation standards compared to open-end products [1][2] - Long-term closed-end products are suitable for investors seeking stable growth with lower liquidity requirements, as they can mitigate short-term market volatility [1][2] Product Trends - The issuance of closed-end wealth management products has been on the rise since Q4 of the previous year, with joint-stock banks and city commercial banks adding 190 and 74 new products, respectively [2] - The majority of new products have a term of 1-3 years, totaling 1,900 products, which is an increase of 80 products, while those with a term of 6-12 months decreased by 41 to 1,080 products [2] Advantages of Long-term Closed-end Products - Long-term closed-end products offer benefits such as locking in current yields to avoid reinvestment risks and matching with long-duration bonds for better yield advantages [2][3] - These products provide stable funding without interference, allowing investment managers to implement strategies effectively [3] - They can invest in non-standard debt assets, which typically offer liquidity premiums compared to standardized bonds, enhancing yield potential [3] Selection Criteria for Investors - Investors should align their liquidity needs, risk tolerance, and return objectives when selecting long-term closed-end products [4] - It is crucial to assess the underlying asset's credit risk and the manager's operational risk, as not all closed-end products invest in bond assets [4] - Different investor profiles should consider various strategies: conservative investors may prefer pure fixed-income products, balanced investors might opt for "fixed income plus" strategies, and aggressive investors could look at mixed or "fixed income plus" strategies [4] Future Development Trends - The future of closed-end wealth management products may see increased safety and transparency under stringent regulations to reduce information asymmetry for investors [4] - There will likely be a rise in product diversity, offering a wider range of asset allocation options and enhancing the quality of financial services to the real economy [4]

C C 南方财经全媒体集团 21世纪经济报道 (5)南财理财通 EWA 司混合类公募班仪 近一年业绩榜单 投资間期1-3年 数据说明：产品统计范围为理财公司1-3年（含）期限的混合类公募理财，产品统计截止日期为2025年 11月13日，统计区间为近一年。 榜单排名来自理财通AI全自动化实时排名，如您对数据有疑问，请在文末联系助理进一步核实。 截至2025年11月13日，南财理财通数据显示，理财公司1-3年（含）期限混合类理财近一年平均净值增 长率为5.13%，最大回撤均值为1.17%，277只样本混合类公募产品均实现正收益。 本期榜单共有3家理财公司上榜。其中，宁银理财上榜7只产品，杭银理财上榜2只产品，广银理财上榜1 只产品。 2025年A股主要指数集体上扬，创业板狂飙 43.67%，深证成指劲升 25.59%，沪深300亦上涨16.60%。港 股市场同样迎来强劲复苏，恒生指数与恒生科技分别上涨 28.77% 和 25.49%。债券市场整体表现平稳， 收益率维持低位。总体来看，高权益仓位产品收益较为领先。 榜单排名前五的产品均来自宁银理财，榜首产品"宁赢个股臻选混合类开放式理财产品2号(最短持有3 年)"近 ...

Core Insights - The article discusses the performance of various financial products offered by different wealth management companies, highlighting the top-performing products in the "fixed income + equity" category for a 1-2 year investment period [5]. Group 1: Product Performance - Qingyin Wealth Management's "Brilliant Life Achievement Series Open-Ended Net Value Type (Two-Year Open Industry Theme 08)" leads the performance rankings with a net value growth rate of 10.52%, the only product exceeding 10% in the list [5]. - The product has a maximum drawdown of 0.46%, indicating strong risk control alongside high returns [5]. - Since its inception, the product has achieved a net value growth rate of 14.54%, significantly outperforming its benchmark, which had a fluctuation range of 6.58% [6]. Group 2: Investment Strategy - The product primarily invests in fixed income assets while selectively allocating resources to industry-themed public funds and ETFs, with a performance benchmark based on a combination of fixed deposit rates and the CSI 300 index [5]. - In Q3 2025, the product increased its allocation to resource sector ETFs, with public fund holdings rising to 15.46%, up by 6.81 percentage points from the previous quarter [6]. - The resource sector ETFs performed strongly due to various factors, including global liquidity easing and domestic policy support, with notable gains in non-ferrous metals and steel sectors [6]. Group 3: Market Outlook - The market outlook for the resource sector in Q4 2025 is generally positive, with expectations of a shift from "technology growth" to "value recovery," making the resource sector an attractive option for investors [7]. - Qingyin Wealth Management anticipates a short-term volatile equity market with structural opportunities, while bond yields remain at historically low levels, suggesting a continued focus on stable investment strategies [7].

Core Viewpoint - Qingyin Wealth Management has successfully navigated its first five years by adhering to the principles of the Asset Management New Regulations, focusing on value creation rather than mere scale expansion, and aligning its strategies with the evolving needs of investors and the broader economy [1][2][9] Group 1: Company Development and Strategy - Qingyin Wealth Management was established as the first city commercial bank wealth management subsidiary in Northern China and the sixth nationwide, responding to market demands and the strategic transformation of its parent company, Qingdao Bank [1] - The company has transitioned from a focus on "scale expansion" to "value creation," emphasizing high-quality development and collaboration with its parent bank to enhance wealth management services [2][9] - Over five years, Qingyin Wealth Management has issued 2,820 products, raising a total of 25,283.59 billion yuan and generating 536.40 billion yuan in returns for clients [3] Group 2: Product Innovation - The product offerings have evolved from "single fixed income" to a diversified portfolio, including cash management, fixed income, "fixed income plus," and equity products, catering to the wealth upgrade needs of residents [4] - The "fixed income plus" products have been a strategic focus, achieving an average annualized return of 3.68% over a specific period, outperforming the market average by 69 basis points [4] - The company has launched the "Tianyuan series" of fixed income products aimed at retirement finance, raising over 6.9 billion yuan, with a focus on high-quality bonds and non-standard assets [4][5] Group 3: Service to the Real Economy - Qingyin Wealth Management positions itself as a strategic partner to the real economy, channeling funds into national strategic areas and supporting green finance initiatives [5][6] - The company has pioneered the issuance of carbon-neutral and ESG-themed products, aligning with national goals for sustainable development [5][6] Group 4: Technological Empowerment - The company has implemented a three-step strategy for digital transformation, focusing on online investment trading, data-driven operations, and intelligent management decision-making [7] - Qingyin Wealth Management has developed a proprietary investment trading platform and a big data management system to enhance investment efficiency and risk control [7][8] - The integration of AI technology into research and decision-making processes is being advanced through the development of an intelligent investment research platform [8] Group 5: Future Outlook - The company aims to transition from being a participant in the financial industry to becoming a key institutional investor, driven by policy support, capital market participation, and product innovation [9] - Qingyin Wealth Management will continue to prioritize high-quality development while maintaining steady growth, focusing on professional capabilities and customer needs [9][10]

Group 1 - The article introduces a comprehensive evaluation system for wealth management products, focusing on net value, public offerings, non-structured, and RMB-denominated products that have been established for more than 180 days [1] - The evaluation system differentiates between cash management and non-cash management products, with non-cash management products further categorized into eight types based on investment nature, term type, and operation mode [1] - The evaluation criteria include investment return levels, risk control levels, and investment experience, with specific metrics outlined for each dimension [2][3] Group 2 - In the third quarter of 2025, joint-stock bank wealth management companies led the list with 931 products rated five stars, while city commercial banks had 558 products on the list, indicating strong competition [5] - Joint-stock banks excelled in multiple sub-lists, particularly in fixed income products with a significant number of five-star rated offerings [8] - City commercial banks showed competitive strength in cash management products, with 73 products rated five stars, and also performed well in closed-end products with 230 offerings [9] Group 3 - The five-star rated products from wealth management companies demonstrated a solid balance between returns and risks, providing a favorable holding experience for investors [10] - Cash management products had an average annualized return of approximately 2.10%, while fixed income products (one year or less) had returns exceeding 4.30%, with many products achieving over 4.50% [10] - The maximum drawdown for most products was controlled within 0.10%, indicating effective risk management [10] Group 4 - Ping An Wealth Management had the highest number of five-star products, totaling 169, showcasing its comprehensive strength in the market [13][14] - The majority of Ping An's five-star products were in the fixed income (one year or less) semi-open category, aligning with current investor demand for stability and liquidity [14] - Ping An's product series, such as "Qihang" and "Qiyuan," demonstrated strong performance in terms of returns and risk control, with annualized returns significantly above the average for similar products [19][20] Group 5 - The article emphasizes the need for wealth management companies to enhance their professional capabilities in response to increasing market competition [23] - Companies should focus on developing a diversified and refined product system, incorporating various asset classes and investment strategies to meet diverse investor needs [23] - Improving research and investment capabilities, along with optimizing risk management systems, is crucial for enhancing competitiveness in the wealth management sector [23]

Group 1 - Hangzhou Bank Wealth Management was fined 2.8 million yuan due to mismatched product durations and inadequate risk management [1][2] - The responsible individual, Yuan Lihong, received a warning for the violations [1][2] - The penalties were imposed by the Zhejiang Financial Regulatory Bureau [2]