市场概况 | 代码 | 基金名称 | | --- | --- | | 511360.SH | 海富通中证短融ETF | | 513130.SH | 恒生科技 | | 511380.SH | 博时可转债ETF | | 518880.SH | 华安黄金ETF | | 513090.SH | 易方达中证香港证券投资主题(消 | | 513180.SH | 华夏恒生科技ETF(QDI | | 159915.SZ | 易方达创业板ETF | | 513050.SH | 易方达中证海外中国互联网50(( | | 513330.SH | 华夏恒生互联网科技业ETF | | 512880.SH | 国泰中证全指证券公司E | 2月13日两市ETF两融余额为1158.64亿元，较前一交易日减少94.83亿元。其中融资余额为1083.67亿元，较前一交易日减少94.54亿元；融券余额为74.97亿 元，较前一交易日减少2962.5万元。 分市场来看，沪市ETF两融余额为809.22亿元，较前一交易日减少86.62亿元。其中融资余额为743.54亿元，较前一交易日减少86.57亿元；融券余额为65.68 亿元，较前一交易日减少41 ...

财经评论员郭施亮则从发行节奏的角度进行了解读："与往年相比，今年的发行密度与发行节奏更 高，是因为权益资产的吸引力更强，市场预期更乐观，更容易完成募集的目标。马年开年新基金集中发 行，权益产品占比明显较高，基金产品密集发行，意在趁着市场环境持续回暖，顺势而为，加快发行步 伐，冲刺募集目标。" 除新发数量有所增长外，2026年开年至今的新发规模更同比增长迅速。以基金成立日来看，截至2 月23日，2026年基金新发规模已达2094亿元，较2025年同期的1062.92亿元同比增长97%。再向前追 溯，2023年和2024年同期的新发规模分别为1018.74亿元、874.83亿元。换句话说，2026年开年新发规模 已创下近四年同期新高。 值得一提的是，由于2026年春节假期相对靠后，对比往年看，2026年一季度基金发行节奏显著前 移。数据显示，截至2月23日，2月以来已启动发行的新基金数量为41只，若叠加上述提及的35只新基金 合并计算，2月全月新发基金总数将达到76只，再加上1月新发的169只，2026年前两个月的新发数量将 达到245只。另外，还有31只新基金已明确定档3月开启发行。 对比之下，2025年前两个 ...

【大河财立方消息】2月23日，国投资本股份有限公司（证券简称：国投资本）发布公告，就子公司国投瑞银基金旗 下国投瑞银白银期货证券投资基金（LOF）（简称国投白银LOF）估值调整及补偿方案等事项的影响进行说明。 方案适用范围为国投白银LOF以2026年2月2日净值确认赎回（含2026年1月30日15点之后至2月2日15点之前提交赎回 申请）的自然人投资者，不含机构投资者。 此前，1月30日、2月2日，白银价格大幅下挫，两个交易日累计跌幅超过30%。而境内全市场唯一一只跟踪白银期货 的公募基金——国投白银LOF，当天在二级市场一字跌停。 当晚10点，国投瑞银基金发布公告称，鉴于近期白银国际主要市场价格出现显著波动，与上期所白银期货价格差异 较大，决定对旗下国投白银LOF的基金资产进行合理重估。 国投资本表示，经初步测算，预计国投瑞银基金于2月15日发布的相关事项专项工作方案将对公司2026年度归母净利 润产生一定负面影响，影响金额低于公司2024年度经审计归母净利润的5%，不会对公司整体业务发展产生实质性影 响。 此前，2月15日，国投瑞银基金发布关于白银基金相关方案的公告，针对因国投白银LOF估值调整而受到影响 ...

从"尝鲜"到"常态"，基金公司集体布局播客，抢占投资者"耳朵阵地"。 2025年以来，多家基金公司相继布局播客——富国基金、大成基金、银华基金、景顺长城基金、嘉实基金、汇添富基金、财通基金等公募密集推出播客栏 目；与此同时，更早入局的华夏基金、中欧基金、天弘基金等机构则保持着常态化更新，华夏基金《大方谈钱》在春节期间仍推出特别节目。从新玩家的 密集入场，到老玩家的稳定运营，播客正在从基金公司的"试水之作"沉淀为投资者服务的常规配置。 春节期间持续"上新" 从更新频率看，部分头部账号已形成稳定运营节奏。华夏基金《大方谈钱》自2024年9月开播以来保持高频更新，春节期间仍推出《新春疗愈：爱自己才 是一切的答案》特别节目。 与此同时，行业分化同样明显，部分早期入局账号已出现断更或仅做内容同步，播客运营的持续性考验基金公司的内容生产能力。 国泰基金旗下《泰客Talk》推出后，收获了大批高认知年轻听众，评论区互动积极。"音频形式能让嘉宾更真实、立体地展现自己，与听众产生真实的情 感交互。"国泰基金认为，这种"去距离感"的呈现，让投资者感受到基金经理作为"人"的真实一面，包括其思考逻辑、市场态度和行业判断。 大成基金20 ...

Core Points - The Nuveen Real Asset Income and Growth Fund has declared its regular monthly distribution with a record date of March 2, 2026, payable on April 1, 2026 [1] - The Board of Trustees has approved the issuance of transferable rights to holders of the Fund's common shares as of February 6, 2026 [1] - The rights offering will expire at 5:00 p.m. on the specified date [1]

Group 1 - ArrowMark Financial Corp. announced the preliminary results of its transferable rights offering, which commenced on January 22, 2026, and expired on February 18, 2026, allowing rights holders to subscribe for up to 2,604,156 shares of common stock at a subscription price of $19.79 per share [1][2] - The gross proceeds from the offering are expected to be approximately $37,000,000, which the Fund intends to invest in accordance with its investment objectives and policies [2] Group 2 - ArrowMark Financial Corp. is a non-diversified, closed-end fund listed on the NASDAQ Global Select Market under the symbol "BANX," with an investment objective to provide shareholders with current income by primarily investing in regulatory capital securities of financial institutions [4]

Core Insights - The podcasting trend among fund companies is shifting from experimentation to a regular service offering for investors, with multiple firms launching and maintaining podcast programs to engage with their audience [1][3]. Group 1: Industry Trends - Since 2025, several fund companies, including 富国基金, 大成基金, and 银华基金, have launched podcast programs, indicating a collective move towards this medium [1]. - The Chinese podcast market is experiencing rapid growth, with an estimated audience of over 150 million listeners by 2025, and the 小宇宙 platform adding 64,000 new podcast programs and nearly 700,000 episodes [2]. Group 2: Content and Engagement - The unique nature of financial content drives demand, as it directly relates to personal finances, and the need for investor engagement is heightened by external market volatility [3]. - Podcasts provide a more relatable and immersive experience compared to traditional educational methods, allowing for deeper discussions on financial topics and fostering a sense of companionship for listeners [3][4]. Group 3: Operational Challenges - Despite the increasing popularity of fund podcasts, challenges persist in maintaining high-quality content, requiring significant investment in production and ongoing engagement strategies [5]. - The operational demands of podcasting are comparable to running a small content organization, necessitating expertise in both information delivery and emotional resonance with the audience [5]. Group 4: Future Outlook - Many public funds believe that podcasts will play a crucial role in transitioning from a sales-oriented approach to a customer-centric model, emphasizing the importance of new media in the competitive landscape of fund management [5].

Core Insights - The China Fund Industry Association reported that by December 2025, there were 2,087 newly registered private equity funds with a total scale of 98.9 billion yuan [1] - As of the end of December 2025, there were 138,315 existing private equity funds with a total scale of 22.15 trillion yuan [1] Fund Types Summary - Among the existing private securities investment funds, there are 80,390 funds with a total scale of 7.08 trillion yuan [1] - The existing private equity investment funds consist of 29,820 funds with a total scale of 11.19 trillion yuan [1] - There are 27,342 existing venture capital funds with a total scale of 3.58 trillion yuan [1]

Core Insights - Brevan Howard's BH Digital Asset Fund reported a loss of 29.5% in 2025, marking its worst annual performance since its inception in 2021, underperforming Bitcoin's decline of 6% during the same period [1] Fund Performance - The fund primarily invests in cryptocurrencies and companies related to digital assets, with projected profits of 43% and 52% for 2023 and 2024, respectively [1] - The poor performance in 2025 is attributed to a significant downturn in the overall cryptocurrency market [1] Investment Composition - Investors have noted that the fund holds a substantial amount of private equity and venture capital tools, which contributed to its underperformance in a challenging market environment [1]

Core Viewpoint - The recent discussions in the industry regarding the recommendations of public fund products by influencers have led to significant regulatory scrutiny, with around 70% of public fund companies suspending influencer-related promotions due to violations [1] Group 1: Issues with Intuitive Investment Decisions - Many investors rely on intuitive judgments based on price patterns, such as assuming a "double bottom" formation indicates a safe entry point, which can lead to poor decisions [3] - The concept of "buying the dip" is flawed as investors often increase their positions when prices drop, mistakenly believing they are at a bottom, which can result in further losses [5] - Investors frequently sell when prices rise and experience a pullback, interpreting it as a signal of a market peak, thus missing out on potential continued gains [13] Group 2: Importance of Quantitative Data - The "institutional inventory" data provided by quantitative systems reflects the trading activity of large institutional investors, indicating their participation or lack thereof in price movements [5] - Observations show that price recoveries often occur without active institutional participation, suggesting these movements are merely short-term fluctuations without sustainable support [9] - Quantitative data can help investors shift from a "price-first" mentality to a "funds-first" approach, emphasizing the importance of underlying trading intentions rather than superficial price movements [16]