On November 27, the China Fund Industry Association released the market data of public funds in October 2020.
According to the data, as of the end of October 2020, there are 131 fund management companies in China, including 44 Sino foreign joint ventures and 87 domestic funded companies; 12 securities companies or asset management subsidiaries of securities companies and 2 insurance asset management companies have obtained the qualification of public fund management. The total net asset value of public funds managed by the above institutions is 18.31 trillion yuan.
This is the seventh time that the scale of public funds has reached a record high of 18.31 trillion yuan. The total scale of public funds has also increased from 14.77 trillion yuan at the end of last year to 18.31 trillion yuan, which has continuously crossed the four integer levels of 15 trillion yuan, 16 trillion yuan, 17 trillion yuan and 18 trillion yuan. The scale growth in the year was more than 3.5 trillion yuan, and the scale increase was close to 24%.
The scale of public funds has been riding the wind and waves all the way, which is closely related to the excellent performance of equity funds this year.
According to the data of the fund industry association, there are 7682 fund products on the market, including 1327 stock funds and 3067 hybrid funds, accounting for half of the total number.
In terms of net asset value, as of October, the net value of equity funds was 1805.066 billion yuan, and that of hybrid funds was 3815.911 billion yuan.
The large-scale outbreak of equity products has also directly affected the ranking of fund companies. According to the data of the fund industry association, in the third quarter of this year, e-fund, huitianfu and Guangfa ranked among the top three in terms of monthly average size of non monetary financing public funds.
Source: interface news Author: Du Meng, editor in charge: Wang Xiaowu_ NF