GF SECURITIES Assistant Director and Chief Strategist Liu Chenming: Ultra-high net worth funds are accelerating their entry into the equity market through private placements

On December 19th, at the "Alpha Summit" co-hosted by Wall Street Insights and China Europe International Business School, Liu Chenming, Assistant Director and Chief Strategist of GF Securities, stated that although the issuance of actively managed equity public funds is sluggish, there has been a significant shift of deposits among ultra-high-net-worth individuals. As the yield on fixed-income products has fallen below 2%, funds seeking an annualized return of 5%-10% with controllable volatility are accelerating their entry through private equity all-weather, hedging, and index-enhanced strategies. This will be the most certain incremental capital pool in the market by 2025