You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
重要裏程碑!全球被動型股票基金規模將超過主動型基金
uSMART盈立智投 02-22 10:53

法國興業銀行的數據顯示,被動管理型股票基金即將迎來一個醞釀了十多年的裏程碑:在全球範圍內,這類產品的淨資產即將超過主動管理的同類產品。

法國興業銀行策略師Arthur Van Slooten及其團隊表示,根據EPFR  Global的月度數據,“基金業即將跨過一個具有象徵意義的裏程碑”,時間可能在3月或4月。

由於管理費較低等特點,被動策略多年來一直在贏得市場份額。在美國,被動投資穩步上升。Bloomberg Intelligence的一項分析顯示,平均而言,美國公開上市股票中至少19%的股份由被動型共同基金或被動型ETF持有,這一數字自2013年以來增長了兩倍。如果加入其他結構,這一比例將提高至30%。

Bloomberg Intelligence的數據顯示,在美國公開持有的約44萬億美元股票中,ETF和共同基金持有約16萬億美元,其餘則掌握在個人、企業、保險公司、養老金和其他實體手中。

邁克爾•伯裏、比爾•阿克曼和凱西•伍德等基金經理都對這一趨勢表示譴責,不過,媒體表示,這主要是因爲投資者選擇了成本較低的產品。

與此同時,法國興業銀行表示,在信貸市場,被動型基金吸引資金流入,而主動型基金則出現了資金外流。

他們寫道,可以肯定的是,“債券和信貸基金可能需要相當長的時間,才能使主動型和被動型基金的規模趨同。”

法國興業銀行表示,被動型基金超越主動型基金“顯然是一個預兆,只有高附加值的產品纔有可能獲得回報”。“對大多數投資者來說,這主要意味着他們投資方式的轉變:從選股轉向選基金。”

Follow us
Find us on Facebook, Twitter , Instagram, and YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of this article is for reference only. It does not constitute an offer, solicitation, recommendation, opinion or guarantee of any securities, financial products or instruments.The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance.
uSMART
Wealth Growth Made Easy
Open Account