The third-quarter reports of publicly offered funds have now been fully disclosed, shedding light on the portfolio adjustment strategies employed by wholly foreign-owned public offering funds, including prominent names such as BlackRock, Neuberger Berman, Allianz, and AllianceBernstein. During the third quarter, amidst a stylistic shift in the A-share market, managers of these foreign-funded public offerings proactively recalibrated their portfolios, boosting allocations to defensive assets like banks. Despite the short-term market fluctuations, foreign fund managers maintain a positive outlook on the future trajectory of the A-share market, identifying artificial intelligence as a sector brimming with mid-to-long-term investment potential.
