Medium and large private equity companies are good at long-distance running
It is reported that the private placement network divides the asset management scale of private institutions into five ranges: more than 5 billion yuan, 2-5 billion yuan, 1-2 billion yuan, 100-1 billion yuan and 0-100 million yuan, and makes statistics on their performance data since this year, three years and five years.
According to the final statistical results, it can be found that the medium and long-term performance of large and medium-sized stock private placements is the most impressive, while the short-term explosive power of private placements below 5 billion yuan is stronger.
According to the data, by the end of October this year, the average return of medium and large-scale stock strategies in the past five years was as high as 137.1%, while the return rate of private placement in the range of 2-5 billion yuan in the same period was 72%, while that of private placement under 100 million yuan was lower, only 30%.
If from the short-term performance point of view, small private placement is slightly superior. As of the end of October, private placement with a scale of 1-2 billion yuan had the best performance, with an average yield of 31.75%. Over the same period, the average yield of medium and large private placements was 29.59%.
It is not difficult to see from the data that since this year, the performance gap between large and medium-sized private placements is small, but the medium and long-term returns are far away. It can be seen that private placements that can not control the withdrawal well and can not obtain excess returns are undoubtedly experiencing the great test of scale shrinkage, while the private placements with proven medium and long-term performance are favored by funds. Private paipaipai network researcher Liu Danni said frankly.
Four times the difference between the head and the tail
It is reported that as of the end of October, there were more than three stock strategy products in operation, and the net value of the products had been updated in the current month. There were 83 private placements with a scale of more than 5 billion yuan, among which 8 private equity companies had a return rate of more than 200%, and Linyuan investment became the champion with a performance of 462.02%.
Among them, 8% of the private placement companies in the bottom of the list with 10% of their investment returns lower than the bottom of the list. From this point of view, the gap between the first and last performance of private placement with a scale of more than 5 billion yuan has exceeded 450 percentage points.
Since the beginning of this year, the liquidity is relatively abundant, the profit-making effect of the capital market is prominent, and a number of private placements with good short-term performance have reached a new level.
According to the data, as of the beginning of November, there were 63 securities private equity managers with a management scale of more than 10 billion yuan. This year, a number of new 10 billion level private placement managers performed very well in the first 10 months. For example, the return rate of Shifeng asset exceeded 80% in the first 10 months, and the yield of interest time asset, Tongyi investment, Tongyuan investment and juming investment exceeded 50%
Liu Danni, a researcher at private placement network, said that it is difficult to match the strategic capacity and investment research ability. The scale of funds under management is still a problem for many large and medium-sized private placements. Therefore, for investors, the scale of private placement is not necessarily proportional to its investment strength, so we should be careful when choosing.