Double growth of income and profit of Wells Fargo and Haifutong funds
The 2019 annual report of Haitong Securities officially appeared, and the operation of its holding and participating Wells Fargo fund and Haifutong fund also came out last year.
According to the annual report of Haitong Securities, the management scale of participating Wells Fargo fund increased by more than 40% in the whole year, breaking through 600 billion yuan; the scale of public funds increased by more than 1, 40 billion yuan, ranking first in the industry in terms of increment, with the initial public fund raising scale of nearly 60 billion yuan, ranking the top three in the industry; seizing the opportunity of great development of ETF market, realizing the three consecutive issues of ETF of central enterprises; with excellent fund investment performance, many funds ranked the top 5% in terms of performance; with operating revenue of 2.855 billion yuan, increasing by 19.9% year on year, and net profit of 791 million yuan, increasing year on year 12.7%.
In addition, the public offering scale of Haifutong fund held by Haitong Securities broke through 100 billion yuan for the first time, increasing by 49% to 111.3 billion yuan in the whole year; the scale of non monetary fund increased by 61% to 51.5 billion yuan in the whole year; the scale of pension increased by 53% to 1, RMB 05.3 billion; the performance of fund investment continued to improve, the annual performance of three equity funds ranked top 5% in the industry, and the fixed income funds ranked first in the industry in the past five years; the five-year Local Government Bond ETF of Shanghai Stock Exchange of Haifutong broke the initial record of Bond ETF, with the initial raising scale of nearly RMB 11 billion.
Haifutong fund achieved an annual operating revenue of 814 million yuan, a year-on-year increase of 21%, and a net profit of 223 million yuan, a year-on-year increase of 29%.
Huaan fund, another large-scale fund company registered in Shanghai, has also delivered good performance reports in the past year. According to the previously disclosed annual report of Guotai Junan Securities, as of December 31, 2019, the total assets of Huaan fund is 3.812 billion yuan, and the net assets are 2.916 billion yuan; in 2019, the operating revenue is 1.852 billion yuan, and the net profit is 450 million yuan, compared with 2018, the operating revenue and Net profit increased by 10.5% and 6.89% respectively.
Net profit of some small and medium-sized fund companies soared
Although in recent years, the horse effect of HENGQIANG, a strong public fund, is very obvious, but in the past year, some small and medium-sized fund companies have made great progress.
As of the end of 2019, the asset management scale of its CSCI funds has reached 80.196 billion yuan, including 17.199 billion yuan of public offering products, a year-on-year increase of 20.57%; 62.197 billion yuan of special account products, a year-on-year decrease of 36.68%, and 34.341 billion yuan of special account active management, a year-on-year increase of 15.62%, CSCI Securities said in its annual report disclosed yesterday, The channel business scale is 27.856 billion yuan, down 44.75% year on year; the ABS product management scale is 800 million yuan.
As of December 31, 2019, CSCF achieved a total operating revenue of 238482800 yuan, a pre tax profit of 69.7492 million yuan and a net profit of 51.9971 million yuan in 2019. Compared with 2018, the net profit increased by more than one time.
The 2019 operating performance of UBS fund and AMC fund was also updated at the same time yesterday. According to the annual report of CIC capital, in 2019, CIC UBS fund achieved (consolidated) operating income of 620 million yuan, total profit of 218 million yuan, net profit of 164 million yuan, and net profit decreased slightly; the scale of various assets under management totaled 115.890 billion yuan (including public offering, special account, Hong Kong subsidiary and special account subsidiary); 68 public offering funds under management, with scale of 82.177 billion yuan, ranking 45 in the industry/ 140. The scale of non monetary fund is 42.103 billion yuan, ranking 44 / 140 in the industry.
In 2019, the operating revenue of Anxin fund is 399 million yuan, and the net profit is 45.68 million yuan, with a year-on-year growth rate of about 18%.
Source: Yang Qian, editor in charge of China Fund News