本文首发于公众号"私募排排网"。 （点击↑↑ 上图查看详情 ） 今年以来，市场风格明显更偏向小微盘股，年内中证2000指数（932000）已涨超25%，微盘股板块（BK1158）涨超65%，中小盘股市场表现抢 眼，以中小盘股为重仓偏好的量化私募产品收益表现较优，叠加AI、量化技术的提升，量化私募机构热度空前。 私募排排网数据显示，符合排名规则的1529只量化产品今年1-7月平均收益为 15.04% ，从私募（三级）策略来看，其他指增产品收益表现最 佳，年内收益均值为28.84%，其中中证2000指增相关产品表现较为突出；其次是中证1000指增产品，今年1-7月收益均值为27.00%，而介于大 盘与中盘之间的中证500指数，其指增产品年内收益均值也达到22.79%，均较沪深300指增产品表现更优。 | 排序 | 私募(三级)策略 | SER CONS STERED S 产品数 | 今年来收益平均值 | 今年来收益最大值 | | --- | --- | --- | --- | --- | | | 其他指增 | 75 | 28.84% | 81.76% | | 2 | 中证1000指增 | 122 | 27.00% ...

Core Viewpoint - The A-share market demonstrated strong resilience in the first half of 2025, with a "volatile upward and structurally differentiated" trend, as evidenced by the performance of various indices and a significant increase in trading volume [2] Market Performance - The Shanghai Composite Index rose by 2.75%, the Shenzhen Component Index increased by 0.48%, and the ChiNext Index gained 0.53%. The North Stock 50 Index, representing small-cap stocks, saw the highest increase of 39.45% [2] - Total trading volume in the A-share market reached 162.68 trillion yuan, significantly higher than the 101 trillion yuan recorded in the same period of 2024, indicating a rapid increase in market activity [2] Private Equity Fund Performance - In the first half of 2025, 495 products from billion-yuan private equity firms reported performance, with an average return of 10.18% and an excess return of 8.84% [2][3] - There was a notable divergence in performance among different strategies, with quantitative long strategies achieving an average return of 18.84%, while subjective long strategies only averaged 3.32% [2][3] Strategy Breakdown Quantitative Long Strategies - A total of 194 quantitative long products were analyzed, with the top performers based on excess returns [4] - The top 10 quantitative long products included firms such as Longqi Technology and Stable Investment, with Longqi Technology's product leading the list [5][8] Subjective Long Strategies - There were 165 subjective long products, with an average return of 3.32%, indicating a significant performance gap compared to quantitative strategies [8] - The top performers in this category included Harmony One Asset and Evolutionary Asset, with a focus on sectors like medical innovation [12][9] Market Neutral Strategies - 35 market-neutral products were evaluated, with the top 10 showing an average return of ***% [13] - Notable firms in this category included Mingyuan Investment and Micro博易 [16] Multi-Asset Strategies - 46 multi-asset products were reviewed, achieving an average return of 6.45% [17] - The leading product in this category was from Blackwing Asset, which demonstrated strong performance [19] Futures and Derivatives Strategies - 25 products in the futures and derivatives category were analyzed, with an average return of 3.82% [20] - The top product was from Xinhong Tianhe, which achieved significant excess returns [23]

Core Insights - The private equity quantitative products have shown strong performance in the first half of 2025, with an average return of 8.45%, significantly outperforming the Shanghai and Shenzhen 300 index, which only increased by 0.03% [1] - The top-performing quantitative fund managers have been identified across different asset sizes, showcasing their impressive returns and management strategies [4][8][11] Group 1: Performance Overview - As of June 30, 2025, there are 1,417 quantitative products with a total scale of approximately 101.33 billion yuan, achieving an average return of 8.45% in the first half of the year [1] - Among the 284 quantitative products managed by billion-yuan private equity firms, the average return is 11.99%, with only one product showing negative returns [4][5] - The top three fund managers in the billion-yuan category are Yin Tao from Stable Investment, Wang Yiping from Evolutionary Asset, and Zhan Haitao from Abama Investment, with average returns of 11.99%, ***%, and ***% respectively [4][5] Group 2: Fund Manager Rankings - In the 50-100 billion yuan category, the average return for 130 quantitative products is 8.15%, with 93.85% of products showing positive returns [8] - The leading fund manager in this category is Guo Qitian from Qianyan Private Equity, with an average return of ***% [10] - In the 20-50 billion yuan category, the average return is 8.01%, with the top three managers being Shi En from Yunqi Quantitative, Mo Bo from Luxiu Investment, and Qiu Peng from Guangzhou Shouzheng [11][12] Group 3: Manager Profiles - Yin Tao, the top manager in the billion-yuan category, has a background in computer science and has developed a unique quantitative research and trading system based on multi-factor models and AI [6] - Wang Yiping from Evolutionary Asset has 16 years of experience and emphasizes logical quantitative strategies to enhance model stability and risk control [6] - Guo Qitian from Qianyan Private Equity has over 10 years of quantitative research experience and has held various roles in quantitative investment management [10] Group 4: Smaller Fund Categories - In the 10-20 billion yuan category, the average return is 8.16%, with Li Jing from Anzi Fund leading the rankings [15][17] - The 5-10 billion yuan category shows an average return of 7.44%, with Wang Weinan from Liangchuang Investment at the top [19][20] - The 0-5 billion yuan category has an average return of 7.11%, with Hu Qintian from Guangzhou Tianzhan leading [23][25]

本文首发于公众号"私募排排网"。 （点击↑↑ 上图查看详情 ） 私募排排网数据显示，截至6月30日，符合排名规则的量化产品数共1417只，合计规模约为 1013.29亿元，上半年收益均值为8.45%(同期沪深300指数涨幅为0.03%)，明显跑赢大盘，斩获亮 眼业绩。分私募规模来看，百亿私募旗下284只量化产品上半年收益均值11.99%，断崖式领先于 其他规模私募。 近年来随着人工智能的爆发，量化技术在投资领域大展身手，取得了亮眼的业绩表现。那么，哪 些私募量化基金经理业绩表现较为领先？为了给予投资者更有价值的信息，本文将按不同公司规 模，分别筛选出旗下量化产品1-6月收益均值前10的私募基金经理，供投资者参考。 (基金经理在 管有业绩显示且符合排名规则的量化产品数需在3只以上，同一管理人旗下仅选取收益最高的基 金经理参与排名) 0 1 100 亿以上：稳博投资殷陶夺冠！进化论资产王一平亚军！ 私募排排网数据显示，百亿私募旗下基金经理管理的284只量化产品，2025年1-6月收益均值约为 11.99%。其中，仅1只产品上半年出现负收益，其余量化产品均实现年度正收益且正超额。 1-6 月 量化 产品 收益均值位 ...