Core Viewpoint - In the first half of 2025, the private equity industry is experiencing a surge in interest in "quantitative" strategies, driven by advancements in AI technology and strong performance from small-cap stocks. The implementation of new regulations for quantitative trading is expected to lead to significant changes in the industry, including a shift towards fundamental factors, increased use of machine learning and alternative data, and enhanced risk control measures [2]. Group 1: Popular Quantitative Companies - The top 20 popular quantitative companies include 17 from leading private equity firms, with the top five being all billion-dollar firms. Shanghai is home to 12 of these firms, and three firms have over 100 employees [3]. - Ningbo Huansheng Quantitative ranks first in popularity, with its 11 products achieving a notable performance in the first half of the year. The firm has been utilizing machine learning for automated quantitative trading since 2008, accumulating over 10PB of data [7]. - Blackwing Asset ranks fourth in popularity, with 20 products and a significant number of registered products. The firm has integrated AI technology into its operations since 2017, enhancing model prediction accuracy [8]. - Hainan Shengfeng Private Equity, a newer firm established in 2022, has also made a mark with its strict programmatic strategies and impressive performance [9]. Group 2: Popular Quantitative Fund Managers - The top five popular quantitative fund managers include Xu Jin, Wang Yiping, Lin Ziyang, Zhu Xiaokang, and Sun Lin, with over half of the top 20 managers coming from billion-dollar firms [10]. - Wang Yiping from Evolutionary Asset leads with the highest performance among fund managers, emphasizing the importance of eliminating outdated capacities for economic growth [13]. - Li Xiang from Mengxi Investment, with extensive experience in low-latency trading strategies, ranks eighth among fund managers [13][14]. Group 3: Popular Quantitative Products - Among the top 20 quantitative products, 16 are long-only strategies, with Hainan Shengfeng Private Equity and Longqi Technology having multiple products listed [15]. - Longqi Technology's "Longqi Zhongzheng 2000 Index Growth No. 1" achieved high returns in the first half of the year, managed by Zhu Xiaokang, who has a strong background in international quantitative investment [19]. - Shenzhen Zeyuan's "Zeyuan Zhicheng Beta Quantitative No. 1 A-Class" also performed well, showcasing the firm's expertise in multi-asset trading strategies [19].

本文首发于公众号"私募排排网"。 （点击↑↑ 上图查看详情 ） 2025年上半年，A股、港股、美股虽经历阶段性震荡，但整体呈现上涨态势。A股方面，主要股 指集体收涨，其中北证50指数大涨近40%。港股方面，恒生指数、恒生科技指数分别涨超20%、 18%，位居世界大类资产前列。美股方面则呈现"V型"走势。 在此背景下，私募基金上半年表现较为分化。其中，专注小盘指增的量化私募业绩、人气双双上 升，聚焦新消费、新科技赛道的主观私募逆势突围。而在受到"对等关税"冲击的4月，以多资产 策略为核心基金经理的动向则备受关注。 笔者因此根据私募排排网用户2025年上半年的搜索次数，特发布私募排排网人气私募公司、基金 经理及产品榜单，供大家参考。 （注：本文净值数据截至6月27日，部分私募产品的净值因暂时 未更新不列入本文统计和排名） 0 1 人气私募基金经理：但斌热度居首，业绩继续反弹！王文人气上升 在人气位居前20的私募基金经理中， 但斌、林园、李蓓人气依旧位列前 3 。和2024年末的排名 相比，人气上升显著的有 宁波幻方量化的徐进、进化论资产的王一平、日斗投资的王文等 。 2025年上半年人气私募基金经理TOP20 = ...

本文首发于公众号"私募排排网"。 （点击↑↑ 上图查看详情 ） 近几年来，AI技术的成熟、市场风格的变化让不少量化私募利用自己的优势"大展拳脚"，规模、 业绩双双取得增长。不过，投资者的目光常常聚焦于头部量化私募（规模50亿以上），而对规模 50亿以下的私募相对缺乏了解。 私募排排网数据显示，截至今年5月16日，量化管理人共有862家，其中5-50亿的量化管理人共有 190家（剔除暂时还没突破"生死线"的0-5亿私募），占比22.04%。 从产品角度看，在规模 5-50亿的量化私募中，旗下有近1年业绩展示的量化产品共有404只，平 均收益为20.46%、中位数为16.08%。 在这404只量化产品中，近1年收益20强的产品上榜门槛为 *** %。（ 点此查看收益 ） （注：同 一基金经理所管的相同策略的产品，选取收益较高的参与排名） [应监管要求，私募基金不能公开展示业绩，文中涉及收益数据用***替代，合格投资者可扫码查看收益数据。] 从二级策略来看，在20只产品中， 量化多头产品占 17只，且包揽前5 。另外，复合策略、量化 CTA、股票市场中性产品各有3只。 从管理人的角度看， 办公城市在上海的管理人最多 ...