Core Viewpoint - The macro strategy private equity funds have shown remarkable performance in 2023, with an average return of 24.91% in the first ten months, significantly surpassing previous years' performance [2]. Group 1: Performance Overview - The average return of macro strategy private equity funds from 2021 to 2024 is 13.90%, -9.20%, -4.18%, and 20.63% respectively, indicating a substantial improvement in 2023 [2]. - The top-performing macro strategy products in the 50 billion and above category achieved an average return of 20.15% in the first ten months of 2023 [4]. Group 2: Top Products by Size - In the 50 billion and above category, the top three macro strategy products are managed by Juki Investment, Yinye Investment, and Yuanxin Investment, all of which are large private equity firms [4][7]. - The leading product in the 20-50 billion category is managed by Luyuan Private Equity, with an average return of 27.27% [9][13]. - The top product in the 5-20 billion category is managed by Zhong'an Huifu, achieving a return of 26.55% [14][16]. - In the 0-5 billion category, Yize Investment, Jiali Asset, and Sanhua Asset are the top three, with an average return of 34.80% [17][20]. Group 3: Notable Fund Managers - Zhao Weihua, the investment director at Yuanxin Investment, has a decade of macro research and investment experience, contributing to the strong performance of the "Yuanxin Multi-Asset Strategy" [8]. - Li Bei from Banxia Investment is recognized as a pioneer in the domestic macro hedge fund sector, with the "Banxia Balanced Macro Hedge" product achieving impressive returns [8]. - Luyuan Private Equity's fund manager, Lu Wentao, emphasizes the long-term support for gold prices due to ongoing fiscal and monetary stimulus policies [13].

浙江证监局近日公布了一起私募核心IT人员的老鼠仓。浙江某私募IT人员林艺平代客理财，通过"老鼠 仓"盈利8857.7万元，被罚没合计约1.77亿元，同时被采取5年证券市场禁入措施。 来源：深圳商报 根据披露，2022年10月至2023年9月，林艺平在杭州某某科技有限公司任职，承担交易策略前端开发， 产品风控，部分产品交易测试、决策、下单、监控等工作。 同时，浙江省内两家私募基金管理人与上述杭州某某科技均由同一实控人控制，同一管理团队管控，林 艺平实质上实施了私募基金从业人员的履职行为。 期间，林艺平不仅因工作职责可接触、查询前述两家私募基金管理人的相关未公开信息，而且直接获 取、加工过相关未公开信息。资金来源方面，"林某治"名下证券账户的相关资金由林艺平筹措，"何某 龙"名下证券账户的资金为何某龙的原有资金，但4个账户的盈亏均由林艺平承担。 2022年11月至2023年8月期间，林艺平借用"何某龙"东莞、中信证券账户，IP在杭州的交易都是由林艺 平决策、操作，资金是林艺平借用账户中原有的何某龙的资金，盈亏由林艺平承担。 2022年11月16日至2023年9月6日，林艺平控制使用"林某治"国金、东莞证券账户及" ...

截至2025年10月底，来自百亿私募且"在私募排排网至少有3只私募产品有今年1-10月业绩展示"的基金经理共有77位， 今年 1-10月收益前10强 的上榜"门槛"超 ***% 。（ 点此查看收益 ） 10强基金经理依次是：姜云飞（久期投资）、马志宇（灵均投资）、陆航（复胜资产）、王鹏辉（望正资产）、徐进（宁波幻方量化）、陆政哲 （宁波幻方量化）、王琛（九坤投资）、殷陶（稳博投资）、倪飞（开思私募）、何文奇（诚奇资产）。 其中 9位基金经理的核心策略是股票 策略； 来自量化私募的基金经理占6位，来自主观私募的基金经理占4位。 本文首发于公众号"私募排排网"。 （点击↑↑ 上图查看详情 ） 私募基金经理是私募产品的"掌舵人"，是投资者在挑选私募产品时的重要参考因素。2025年以来的A股、港股、美股，黄金、白银等期货市场均 有不俗表现，那么，今年来，有哪些基金经理脱颖而出呢？ 根据 私募排排网数据，截至2025年10月底，" 在私募排排网至少有 3只私募产品有今年1-10月业绩展示 " 的基金经理共有 565位 （其中股票策 略基金经理占345位）， 今年 1-10月收益中位数约为24.32%，跑赢同期的上证指数 ...

Core Viewpoint - The company has entered into a cooperation framework agreement to establish a RMB 4 billion industrial merger and acquisition investment fund, which is expected to enhance its existing business and facilitate entry into other high-tech industries in China, creating synergies with its current operations [1]. Group 1 - The company announced a cooperation framework agreement with Qingyuan City Qingtou Private Fund Management Co., Ltd. on November 14, 2025 [1]. - The agreement involves the establishment of a RMB 4 billion industrial merger and acquisition investment fund [1]. - The board believes that the establishment of the fund, if realized, will enrich the company's existing business [1]. Group 2 - The fund aims to enable the company to enter other high-tech industries in China [1]. - The anticipated outcome includes creating synergies with the company's current business operations [1].

| 百亿量化私募最新全名单 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 数据来源:私募管理人(经托管复核)/托管人,整理自私募排排网, | | | | | | | | | 截至2025年10月底。按员工人数由高到低排序。 | | | | | | | | | 自发:私募排排网公众号 | | Q | | | | | | | 办公城市 核心策略 排序 | 公司简称 | 实控人 | | | 成立时间 | 员工 | 是否有9 | | | | | | | | 人数 | 号牌 | | C | 九坤投资 | 姚齐聪, 壬琛 | 北京 | 股票 | 2012-04 | 160 | 是 | | 2) | 灵均投资 | 蔡建良 | 北京 | 股票 | 2014-06 | 155 | 合 | | 3 | 佳期秋景 | 吴霄霄 | 上海 | 股票 | 2014-11 | 148 | 를 | | 4 | 员德私募 | 徐御之 | 上海 | 股票 | 2014-11 | 1 245 | 是 | | 5 | 因语资产 | 徐书楠 | 北京 | 股票 ...

Core Viewpoint - The A-share market has shown strong performance in 2023, with significant increases in major indices, leading to a surge in subjective long-only private equity funds achieving impressive returns [2] Group 1: Market Performance - As of October 2023, the Shanghai Composite Index has risen nearly 18%, while the Shenzhen Component Index and the ChiNext Index have increased approximately 28.46% and 48.84%, respectively [2] - In the Hong Kong and US markets, the Hang Seng Index and Hang Seng Tech Index recorded gains of 29.15% and 32.23%, while the S&P 500 and Nasdaq saw increases of over 16% and 22% [2] Group 2: Private Equity Fund Performance - Among 2156 subjective long-only products with performance data, the average return for 2023 is 36.11%, with a median return of 26.50% [3] - There are 111 products that have achieved returns exceeding 100%, and 465 products with returns over 50% [2] - The average and median returns for private equity funds with over 10 billion in assets are both above 20%, with the 20-50 billion category leading at an average return of 43.35% [3] Group 3: Top Performing Funds by Size - In the 100 billion and above category, the average return is 26.88% and the median is 21.44%, with notable funds from Yuanxin Investment and Fusheng Asset [4][5] - The 50-100 billion category has an average return of 33.17% and a median of 26.58%, with top funds from Xishirun Investment [7][9] - For the 20-50 billion category, the average return is 43.35% and the median is 30.43%, with leading products from Nengjing Investment Holdings [10][13] - In the 10-20 billion category, the average return is 40.53% and the median is 36.06%, with top funds from Xinchili Asset and Deyuan Investment [14][17] - The 5-10 billion category shows an average return of 38.94% and a median of 33.79%, with the top fund being from Blue Sapphire Fund [18][22] - In the 0-5 billion category, the average return is 34.62% and the median is 24.24%, with leading products from Longhuixiang Investment and Wanghua Excellence [23][26]

Core Viewpoint - Recent illegal promotional activities have been conducted in the name of Yingfeng Capital Management Co., Ltd, severely damaging investor rights and the company's reputation [1] Company Summary - Yingfeng Capital is a private fund company registered with the Asset Management Association of China, with registration number P1000306 [1] - All private fund products offered by the company are registered with the fund association, and investors can verify this through the association's website [1] - The company clarifies that it only conducts non-public fundraising through direct sales and authorized agents such as banks and brokerages, and does not engage in illegal securities activities through social media platforms [1] Legal Actions - Yingfeng Capital has collected evidence against individuals impersonating the company for illegal securities activities and reserves the right to pursue legal action [1]

Core Viewpoint - Recently, illegal activities have been conducted in the name of Yingfeng Capital Management Co., Ltd., damaging both investor rights and the company's reputation [1][4]. Group 1: Company Statement - Yingfeng Capital issued a formal statement on November 17, clarifying that it is a private fund company registered with the Asset Management Association of China, with registration number P1000306 [1][4]. - The company emphasized that all its private fund products are registered with the Association, and investors can verify this through the Association's website [1][4]. Group 2: Illegal Activities and Warnings - Yingfeng Capital does not engage in illegal securities activities such as recommending stocks or soliciting investments through social media platforms like QQ or WeChat [4]. - The company will not request investors to transfer funds or make payments through any means other than its official private fund product accounts [4]. - Investors are advised to verify any requests for transfers or financial operations by contacting the company's customer service [4]. Group 3: Company Background - As of now, Yingfeng Capital manages assets exceeding 10 billion yuan, and it is one of the earliest sunshine private equity firms in China [5]. - The company is a subsidiary of Yingfeng Group, founded by He Jianfeng, the son of Midea's founder He Xiangjian [5].

Group 1 - The core viewpoint of the articles emphasizes the importance of a fact-based trading philosophy in the investment strategy of Shanghai Junsheng Asset Management Company, which has evolved through years of exploration and refinement in futures derivatives trading [1][2] - Shanghai Junsheng's participation in a trading competition resulted in significant performance, with the initial equity of their product, Junsheng Jun Teng No. 1, being 88.26 million yuan and ending with an equity of 192 million yuan, leading to a ranking of 11th in the asset management product group and 2nd in the return amount group [1] - The company’s trading philosophy is centered around the belief in the power of facts, advocating for trading based on verifiable facts rather than market predictions, and emphasizes the importance of being able to summarize the logic behind price movements succinctly [1] Group 2 - Key trading insights shared by the company include respecting common sense by engaging in high-probability trades and avoiding speculative ventures that require multiple uncertain conditions [2] - The company advocates for simplicity in trading strategies, recommending the use of straightforward indicators and minimizing assumptions to enhance decision-making [2] - Continuous repetition of successful strategies is encouraged, focusing on refining and executing proven methods to accumulate returns over time [2]

Core Insights - Listed companies are increasingly favoring private equity funds that include rights-related products, with a total subscription amount exceeding 800 million yuan this year [1][2] - The performance of private equity products has been strong, leading to heightened interest from both listed companies and individual investors in rights-related products [3][4] - The market is witnessing a structural opportunity as the Shanghai Composite Index surpasses 4000 points, prompting a reallocation of assets towards equity investments [4][5] Group 1: Investment Trends - As of November 12, 10 listed companies have disclosed investments in private equity securities funds, with a total subscription amount of 818 million yuan [2] - Companies such as HeShun Petroleum and Yongji Co. have actively invested in private equity funds, indicating a trend among listed firms to utilize idle funds for securities investment [2] - The majority of these investments are in subjective stock strategy private equity products, with notable examples including Yuanfeng Yuli No. 1 and Shanzha Tree Zhenzhu No. 5 [2] Group 2: Market Dynamics - The number of newly registered private equity securities funds reached 994 in October, a 205.85% increase from the previous year, with stock strategy products dominating the market [3] - The shift towards equity assets is driven by a decline in risk-free returns, making traditional fixed-income products less appealing to investors [4] - Private equity firms are optimistic about future market performance, supported by signs of economic stabilization and policy support [5][6] Group 3: Fundraising and Performance - Many private equity firms have successfully raised over 10 billion yuan this year, particularly in small-cap index enhancement and quantitative stock selection strategies [3] - The current market risk premium is at a historical median level, with equity asset valuations remaining reasonable, indicating potential for upward movement [6] - High levels of investment from large private equity firms, with many maintaining over 70% of their positions, reflect a positive outlook for the market [6]