Home Business The overall loss of public funds exceeds 200 billion, the performance of small and medium-sized companies generally “counter-attack”-Hangzhou News Center-Hangzhou Net

The overall loss of public funds exceeds 200 billion, the performance of small and medium-sized companies generally “counter-attack”-Hangzhou News Center-Hangzhou Net

by news dir

The overall loss of public funds exceeds 200 billion, and the performance of small and medium-sized companies generally “counter-attack”

Hangzhou Net Release time: 2021-10-29 09:27

The scale of public funds reached a new high. At the end of 2020, the total scale of public offering funds has entered an era of 20 trillion yuan. Since the beginning of this year, the scale of public offering funds has steadily increased. As of the end of September, the scale has approached 24 trillion yuan. From the perspective of industry insiders, the future development space of the fund industry is quite broad, and the head effect is becoming more and more significant. Only by continuously improving investment capabilities can we enjoy industry development dividends.

It is worth noting that more than half of fund companies have achieved profitability, and many small and medium-sized fund companies have successfully “counter-attacked.” The fund products that stand on the “window” have gained a lot, and they have also pushed the company to the forefront of the profit list. The products that are not on the lead are “the bigger the scale, the more hurt.”

According to data from Tianxiang Investment Consulting, the overall loss of public funds in the third quarter was 209.396 billion yuan, a sharp contrast with the 870 billion yuan in the second quarter. Equity funds once again became the main force of losses, and the combined losses of stock funds and hybrid funds reached 292.631 billion yuan. Fixed-income funds carried the banner of profitability. Monetary funds made a profit of 54.224 billion yuan, basically the same as in the second quarter; bond funds made 59.926 billion yuan, a decrease from 61.827 billion yuan in the second quarter.

86 of the 145 fund companies are profitable, but unlike the past, small and medium-sized fund companies account for the vast majority of them. Specifically, ABCA Funds, CCB Funds and Cinda Australia Bank Fund ranked the top three, with a total profit of 6.865 billion yuan, 5.293 billion yuan and 4.585 billion yuan in their funds, respectively. Cathay Pacific Fund and Dacheng Fund also made profits. With more than 4 billion yuan, the profits of China Geng Fund and Tianhong Fund exceeded 3 billion yuan.

Source: City Express Author: Editor: Zheng Haiyun

Related Articles

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.