The scale of public funds has exceeded 18 trillion, making a new record for three consecutive months

category:Finance
 The scale of public funds has exceeded 18 trillion, making a new record for three consecutive months


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.

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.

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