Policies to encourage private funds to scale up
New asset management regulations have led to a large amount of bank wealth management funds withdrawing from real estate and entering the secondary market. There is a large amount of funds invested in quantitative private funds.
The bank established a wealth management subsidiary. The new MOM regulations in 2019 are conducive to direct investment in private equity by bank wealth managers;
The refinancing policy of mutual fund has greatly promoted the enrichment of securities sources;
The head effect of the quantitative private fund industry is obvious
In Year 2020, the AUM of quantitative private funds accounts for about 18% of all private funds, which is nearly 4 times compared to this ratio of 4.8% in 2017
The head effect of the quantitative private fund industry is significant: the AMU of top ten teams is more than 350 billion, accounting for 50% of the industry.
What is the proportion of quantitative trading?
Based on estimates from One Securities Firm’s data, quantitative trading account for about 19%
The total AUM of quantitative trading is 1,000 billion
Excluding double counting, the total AUM of quantitative trading is 700 billion
Quantitative trading accounted for 19%
Is there a phenomenon of grouping or chasing hot stocks in quantitative trading?
Quantitative private funds holdings are sufficiently dispersed and have little impact on individual stocks
Median number of shares held: 504
The median market value proportion of the top ten stocks: 11.85%