Journalist Lee Sen
Recently, the market differentiation is remarkable, and the enthusiasm of funds around the growth manufacturing sector has not decreased, on the other hand, the consumption sector represented by liquor has been repositioned by institutional funds.
Guangdong private equity 1-7 months performance data released, 5004 funds established for six months of average return of 7.33% this year. In addition, from January to July this year, 3018 in Guangdong only obtained positive returns, accounting for 60.31% of the money-making private placement. Judging from the private equity pioneer list sponsored by the investment express stock market broadcast, 52 Guangdong private equity funds have doubled their incomes this year, with the highest return reaching 424.33%, contributed by the "Wanshuntong No. 6" under Wanshuntong Assets.
Sixty percent of private placements make money The difference between the first and last returns is nearly 5 times
As of the end of July 2021, judging from the 5,004 products with performance records on the private placement ranking network, the average yield of private equity funds in Guangdong this year has been 7.33%, and the average return of 21,130 private equity funds in the same period was 7.67%. The highest and lowest yield products in the year came from the stock strategy, and the income range of a single fund was distributed in [424.33%, -70.17%], with a difference of 494.50% between the first and last returns.
Judging from the performance of different strategies of private equity funds in Guangdong from January to July, the average returns of the eight major strategies during the year all turned red, and the stock strategy returned to the championship with 8.23%; Fixed income, after winning the championship last month, was relegated to the runner-up spot in the first half of the year; The event-driven strategy came in third with a 6.88% payout. The much-watched managed futures strategy performed mediocrely in the first half of the year, and the relative value strategy was at the bottom of the eight major strategies.
Judging from the top ten private equity pioneer lists (Greater Bay Area) sponsored by investment express stock market broadcasts, they are all equity strategy products. Wanshuntong Assets' "Wanshuntong No. 6" won the championship with a return of 424.33%; The "Jianhong Time No. 4" managed by Zhao Yuanyuan of Jianhong Times has earned 396.77% this year, ranking second in Guangdong; "Xiaocao Capital Shenzhen Bay No. 1", with Zhongsheng Chenjia Wealth Zhou Lin as the fund manager, earned 351.70% during the year and won the third place title. In addition, the "Xuanyuan Yuanfeng No. 1" under the ten billion private equity Xuanyuan Investment was listed in the top ten.
52 funds doubled their returns, and the highest return on the equity strategy was 424.33%
As of the end of July 2021, from the products with performance records of the private placement ranking network, there are a total of 3684 equity strategy private equity funds established in Guangdong for six months, with an average return of 7.61%, continuing to lead the national average of private equity. Although the high-yield products of equity strategies are emerging, the investment management level of different private equity managers is also very different, and the income range of a single fund of equity strategies in the first half of the year is distributed in [424.33%, -70.17%], and the difference between the first and last returns is 494.50%.
Since the beginning of this year, 2037 equity strategy private equity funds in Guangdong have achieved positive returns, and the proportion of positive return private placements has been 55.29%. From the perspective of the number of high-yield private placements in equity strategies, 427 funds have returned more than 30% this year, of which 52 funds have doubled their returns.
Judging from the private equity pioneer list (Greater Bay Area) equity strategy ranking, the "Wanshuntong No. 6" of Wanshuntong Assets is the champion in Guangdong, with a return of 424.33% this year. According to public information, Wanshuntong Assets adheres to the concept of value investment, and is convinced that corporate value comes from the growth of the company and the improvement of profitability, and the corporate value determines the stock price.
The "Jianhong Time No. 4" managed by Zhao Yuanyuan of Jianhong Times has earned 396.77% this year, which is the second place in the list. Zhao Yuanyuan said that in the second half of the year, liquor has not exceeded expectations, unless a large number of international funds flow into A shares, it is difficult for liquor to achieve excess returns. Pharmaceutical companies are facing the problem of market risk preference biased towards growth stocks in the second half of the year and the performance base in the second half of last year is too high, and it is difficult to have a bright performance overall. It is recommended that investors focus on the upstream of semiconductors, the upstream of new energy, advanced manufacturing, the Internet of Things and other growth industries in the second half of the year.
Zhongsheng Chenjia Wealth's "Xiaocao Capital Shenzhen Bay No. 1" won the third place in the list with a return of 351.70%. Zhongsheng Chenjia Wealth was established in April 2016, fund manager Zhou Lin has experienced the whole process of real economy to virtual economy, trading based on macro and industrial logic, and good use of CTA for hedging.
The top ten private equity products in the list of equity strategies this year also include Yuqingping Assets, Eagle Investment, Hengbang Zhaofeng Assets, Qianhai Baidna Capital, Chuangyi (Shenzhen) Assets, Hong Kunlun Fund and Xuanyuan Investment's products.
CTA fund "not alarmed" Ambrera assets doubled to win the championship
In July, the national futures market rebounded, with trading volume and turnover increasing by 4.43% and 5.90% respectively month-on-month, while the South China Commodity Index rose by 3.42%. Overall, in July, domestic futures varieties rose more or fell less, stainless steel, coking coal, palm oil and other gains in the front.
As of the end of July 2021, from the products with performance records of the private placement ranking network, the number of managed futures strategy private equity funds in Guangdong is 334, with an average yield of 6.65% this year. 255 managed futures strategy products made money in the first seven months, and the proportion of positive return private placement was 76.35%.
"Investment Express" reporter from the private equity pioneer list (Greater Bay Area) management futures strategy ranking saw that the "Qingcheng No. 1" of Ambrera Assets is the second place in the list, the product was established in January 2017, as of August 19, the return since its inception was 263.65%, the maximum drawdown was 36.35%, and the annualized return since its establishment was 32.74%. Fund manager Wang Yuanhao, a bachelor's degree from Zhejiang University and a master's degree from New York University, specializes in derivatives investment and is one of the company's shareholders.
Bopu Technology's product "Bopu Steady Increase No. 2" became the runner-up in the revenue of Guangdong's managed futures strategy with a return of 67.43%. Founded in 2012, the founder of the company, Yuan Hao, holds a Ph.D. in computer science from Purdue University, and other core team members have also graduated from famous universities such as MIT, Tsinghua, and Peking University.
The "Bee Quantum No. 1" managed by Liang Zhaojun of Bee Capital has gained 67.39% this year, which is the third place in the list. Bee Capital focuses on the research and development of CTA strategies, on the one hand, based on the market microstructure to develop medium and high frequency futures trend tracking strategies, on the other hand, based on market volume price indicators and combined with macro theory to develop low-frequency futures multi-factor hedging strategies, covering momentum, basis, reversal and other factors.
Heijin Private Equity Investment, Guhe Assets, Fuhe Assets, Tianganma Investment, Qianyuan Fund, Qianhai Kunteng Private Equity Fund, and Shenyou Asset also included products in the top ten list of managed futures strategies in the Private Equity Pioneer List (Greater Bay Area).