Core Viewpoint - The issuance of actively managed equity funds is experiencing a rebound, driven by the recovery of the A-share market and improved fund performance, with significant fundraising activities observed recently [1][2]. Fund Issuance and Performance - As of September 2, 26 actively managed equity funds have confirmed their issuance periods, with the招商均衡优选混合基金 exceeding its fundraising cap of 50 billion yuan on its first day of issuance [2][4]. - The招商均衡优选混合基金 aims for excess returns through a balanced approach across market, industry, style, and individual stocks, managed by 吴潇, who has over 8 years of experience [2][3]. - The overall issuance scale of actively managed equity funds this year has reached 785.28 billion yuan, with 29 funds exceeding 10 billion yuan in issuance [5]. Market Conditions and Future Outlook - The A-share market has shown positive performance, with the Shanghai Composite Index rising by 12% and the ChiNext Index increasing by 33.4% since the second half of the year [5][6]. - The macroeconomic environment is favorable for equity markets, with expectations of U.S. Federal Reserve rate cuts and a stable U.S.-China relationship contributing to a positive outlook [6][7]. - Investment opportunities are identified in sectors such as AI technology, retail, non-bank financials, and innovative pharmaceuticals, with a focus on technology sectors like semiconductors and computing [7].

主动权益基金发行回暖。 今年以来，伴随A股市场回暖，以及主动权益基金业绩回升，主动权益基金新发产品数量和规模均出现 稳步攀升，近日还出现了单日募集超50亿元的盛况。 9月2日，招商基金旗下招商均衡优选混合基金发布募集规模上限的公告称，决定设置基金的募集规模上 限为50亿元。据券商中国记者了解，招商均衡优选混合基金在9月2日发售首日的募集规模就超过了50亿 元，为维护投资者长期利益，提前结束募集。在招商均衡优选混合基金募集成立后，其有望成为今年发 行规模最大的主动权益基金。 发行首日募集规模超过50亿元 在主动权益基金经理中，吴潇此前默默无闻，由其管理的新基金吸引如此众多资金认购，让许多业内人 士直呼意外。尽管近期主动权益基金业绩回暖，但是全市场的主动权益基金规模整体还处于收缩状态。 资金认购招商均衡优选混合基金积极，招商基金在发行首日通过主动控制规模，有助于基金经理有充足 时间在不冲击持有成本的前提下合理建仓，维护持有人长期利益，也是积极践行高质量发展的有力举 措。 有望成年内发行规模最大的主动权益基金 值得注意的是，主动权益基金发行持续升温，新发规模连破年内纪录，若招商均衡优选混合基金以50亿 元规模成立， ...