Core Insights - The average return of asset management products displayed on the private equity platform reached 0.66% in May 2025, with 72.55% of the products showing positive returns [1][2] - Multi-asset strategy products led the performance with an average return of 1.53% in May, while futures and derivatives strategies and stock strategies both achieved over 10% average returns over the past year [1][2] Performance by Strategy - **Futures and Derivatives Strategy**: - Total products: 119 - May average return: 0.27% - Six-month average return: 2.28% - One-year average return: 13.33% - Three-year average return: 26.89% [2] - **Combination Fund**: - Total products: 111 - May average return: 0.87% - Six-month average return: 2.72% - One-year average return: 8.49% - Three-year average return: 8.71% [2] - **Bond Strategy**: - Total products: 66 - May average return: 0.34% - Six-month average return: 2.46% - One-year average return: 4.05% - Three-year average return: 19.36% [2] - **Stock Strategy**: - Total products: 43 - May average return: 1.07% - Six-month average return: 0.79% - One-year average return: 11.70% - Three-year average return: 2.41% [2] - **Multi-Asset Strategy**: - Total products: 32 - May average return: 1.53% - Six-month average return: -0.08% - One-year average return: 4.52% - Three-year average return: 5.12% [2] Top Performers - **Stock Strategy**: - Top three products: 1. "国海良时金时2号指数增强" managed by Guohai Liangshi Futures 2. "野村东方国际君和1号" managed by Nomura Orient International Securities 3. "金鹰行稳致远3号集合" managed by Golden Eagle Fund [3][5] - **Futures and Derivatives Strategy**: - Top three products: 1. "瑞达期货-瑞智无忧99号单一" managed by Ruida Futures 2. "天风天成天赢2号" managed by Tianfeng Tiancheng 3. "瑞达期货-冠优股指2号" managed by Ruida Futures [7][8] - **Combination Fund**: - Top three products: 1. "招商期货-司元" managed by招商期货 2. "汇安基金美来一号" managed by 汇安基金 3. "鹏华资产中证500指数增强FOF" managed by 鹏华资产 [10][11] - **Multi-Asset Strategy**: - Top three products: 1. "五矿期货宏观量化股指转债一号" managed by 五矿期货 2. "金信跃迁一号" managed by 金信期货 3. "广发期货" products [14][16] - **Bond Strategy**: - Top three products: 1. "海通期货黄金1号" managed by 海通期货 2. "华鑫证券鑫鹏可转债" managed by 华鑫证券 3. "海通期货利达1号" managed by 海通期货 [18][19]

Core Insights - The average return of asset management products displayed on the "Private Equity排排网" platform for May 2025 is 0.66%, with 72.55% of products showing positive returns [2][3] - Multi-asset strategy products lead in performance with an average return of 1.53% for May 2025, while stock and derivative strategies have shown over 10% returns in the past year [2][3] Performance by Strategy Futures and Derivatives Strategy - There are 119 products in this category, with an average return of 0.27% for May 2025 and a one-year average return of 13.33% [3][10] - The top three products in this strategy have achieved significant returns, with the highest being managed by 瑞达期货 [8][11] Combination Fund Strategy - A total of 111 products are reported, with an average one-year return of 8.49% and 79.28% of products showing positive returns [12][15] - The leading product in this category is managed by 招商期货, achieving notable returns [12][15] Multi-Asset Strategy - There are 32 products in this category, with a one-year average return of 4.52% and a May 2025 average return of 1.53% [16][18] - The top product is managed by 五矿期货, demonstrating a significant advantage in returns [16][18] Bond Strategy - This category includes 66 products, with an average one-year return of 4.05% and a high positive return rate of 92.42% [19] - The leading product is managed by 海通期货, showcasing strong performance [19]

Core Viewpoint - The A-share market has experienced limited upward movement over the past year, with major indices showing modest gains, while various asset management products have displayed differentiated performance in terms of returns [1][2]. Summary by Category Overall Market Performance - A-share indices, including the Shanghai Composite Index, Shenzhen Component Index, and ChiNext Index, recorded annual gains of approximately 5.61%, 3.26%, and 4.82% respectively [1]. - The futures market, as indicated by the Nanhua Commodity Index, has also shown limited trend-based movements, with most periods characterized by volatility [1]. Asset Management Product Performance - As of April 2025, there were 353 asset management products with reported performance, yielding an average return of 7.96% over the past year [1]. - Futures and derivatives strategy products led the performance with an average return of 10.63%, while combination fund products showed an average return of 1.45% for the same period [1]. Product Strategy Performance - **Stock Strategy**: - 38 products reported an average return of 8.55% over the past year, outperforming the A-share indices [3]. - The top three products in this category were managed by Guohai Liangshi, Nomura Orient International, and Hengtai Yingwo [3][5]. - **Futures and Derivatives Strategy**: - 97 products reported an average return of 10.63% over the past year, with the top three products managed by Ruida Futures, Tianfeng Tiancai, and Guangfa Futures [7][8]. - **Combination Fund**: - 85 products reported an average return of 7.44% over the past year, with the top three managed by招商期货, 汇安基金, and 万家共赢资产 [10][11]. - **Multi-Asset Strategy**: - 27 products reported an average return of 6.52% over the past year, with the top three managed by 五矿期货, 金信期货, and 大越期货 [14][17]. - **Bond Strategy**: - 52 products reported an average return of 4.13% over the past year, with the top three managed by 海通期货 and 华鑫证券 [18][20].