Fund Association: In June, securities and futures operating institutions jointly filed for 861 private equity management products, an increase of 25.51% compared to the previous month.

2024-07-24 17:16

Zhitongcaijing
From the perspective of institutional types, securities companies and their subsidiaries accounted for the highest proportion of private equity asset management products registered in June.
On July 24th, the Asset Management Association of China (AMAC) issued a document stating that by June 2024, securities and futures operating institutions had filed a total of 861 private fund products, representing a 25.51% increase compared to the previous month and an 8.89% decrease year-on-year. The total establishment size was 410.37 billion yuan, down 21.41% month-on-month and 10.96% year-on-year.
Looking at the types of institutions, securities companies and their subsidiaries had the highest proportion of private fund products filed in June.
In terms of product types, the average size for collective products filed in June was 0.63 billion yuan per product, reflecting a decrease of 47.47% compared to the previous month. The average size for single products was 0.33 billion yuan, showing a 14.10% month-on-month increase.
In terms of investment types, fixed income and hybrid products were the main types of products filed in June.
As of the end of June 2024, the total size of private fund products managed by securities and futures operating institutions was 12.72 trillion yuan (excluding social security funds and corporate pension funds), a decrease of 1215.65 billion yuan from the previous month, representing a 0.95% decline.
Looking at product types, the number and size of single asset management plans were higher than collective asset management plans.
In terms of investment types, fixed income products had the largest proportion in both quantity and size among the four types of products, with hybrid products ranking second in quantity and equity products ranking second in size, while the number and size of futures and derivative products were relatively small.
As of the end of June 2024, the average size of private fund products managed by securities companies and their asset management subsidiaries was 603.93 billion yuan, with a median size of 237.31 billion yuan; the average size of private fund products managed by securities company subsidiaries was 82.93 billion yuan, with a median size of 21.72 billion yuan. The average size of private fund products managed by fund management companies was 365.67 billion yuan, with a median size of 98.25 billion yuan; the average size of private fund products managed by fund subsidiaries was 183.60 billion yuan, with a median size of 36.68 billion yuan; the average size of private fund products managed by futures companies and their asset management subsidiaries was 29.24 billion yuan, with a median size of 2.86 billion yuan.