贝莱德集团的系统化主动权益（SAE）策略正越来越多在中国本土投资里担纲重要角色。 截至2025年6月末，贝莱德集团资产管理规模达12.5万亿美元，是全球最大资管公司之一。作为贝莱德的旗舰策略，SAE 策略运用机器学习、自然语言处理等大数据分析方法，来捕捉对投资有指导价值的投资信号，持续升级满40周年。目前 SAE已迭代至第六代大语言模型，在管规模达3360亿美元。 之所以说SAE在中国本土投资中的作用越发大，是因为据记者了解，继贝莱德沪深300指增A（成立于2024年11月26日） 和贝莱德中证A500指增A（成立于2025年1月23日）之后，贝莱德基金正在发行的中证500指数增强基金，也将借力SAE 策略并加以本土化改进。 万得显示，截至今年8月末，此前借力SAE策略的贝莱德沪深300指增A、贝莱德中证A500指增A成立以来的净值增长率分 别为18.35%、18.02%，收益表现亮眼。 更重要的是，贝莱德基金拟将SAE全面引入公司主动权益投资。也就是说，SAE的另类数据库和1000多个自研信号，将全 面赋能贝莱德基金的投资决策，提升其投资广度和胜率。此外，系统化投资的全面引入还意味着贝莱德基金将把投研机 制 ...

Core Viewpoint - BlackRock views the Chinese market as a crucial growth engine within its global strategy, managing $12.5 trillion in assets and recognizing the significant scale and potential of the Chinese market [1][2]. Group 1: Business Development and Achievements - Since its establishment as a public fund management company in June 2021, BlackRock Fund has managed 16 public products with a total scale of approximately 15 billion yuan [2]. - The company has built stable relationships with channels, institutional clients, and partners, while also enhancing brand recognition in the Chinese public fund industry [2]. - BlackRock Fund has faced challenges such as longer decision-making processes compared to local institutions, but has improved governance structures and decision-making efficiency over the years [2][3]. Group 2: Localization Strategy - BlackRock's localization strategy focuses on talent, decision-making, and product development, achieving significant progress in these areas [3][4]. - The company has shifted from an "international" to a "localized" talent strategy, prioritizing professionals familiar with the Chinese market [3]. - Decision-making processes have been streamlined to enhance responsiveness to market changes, allowing for quicker product launches and strategy adjustments [3][4]. Group 3: Product Innovation and Focus - BlackRock Fund emphasizes diverse product offerings tailored to Chinese investors' needs, balancing absolute and relative returns [4][6]. - The company is launching innovative products such as the BlackRock China Bond Investment Preferred Green Bond Index Fund, addressing domestic green finance requirements [4]. - Future product development will focus on systematic investment, multi-asset management, and global asset allocation, including the reintroduction of QDLP products and preparations for QDII qualifications [7][8]. Group 4: Management Team Adjustments - Recent personnel changes, including the appointment of Yu Peihua as General Manager, are aimed at optimizing the organization and implementing strategic initiatives [5][6]. - The new management team is expected to enhance customer engagement and market expansion, leveraging local expertise to strengthen the fixed income platform [5][6]. Group 5: Systematic Investment Approach - BlackRock Fund is prioritizing systematic investment strategies, combining quantitative and fundamental stock selection to improve decision-making efficiency [8][9]. - The company is leveraging its Systematic Active Equity (SAE) platform, which has over 40 years of investment experience and utilizes AI technology for enhanced investment opportunities [8][9]. - This platform approach aims to provide stable long-term returns, aligning with the evolving preferences of Chinese investors for consistent performance [9][10]. Group 6: Global and Local Integration - BlackRock aims to integrate global expertise with local market needs, focusing on systematic investment and global asset allocation as key differentiators [10]. - The company emphasizes long-term investment strategies and responsible investing, reflecting its commitment to sustainable investment practices in the Chinese market [10].