Both Equity Funds and FOFs Demonstrate Remarkable Growth, with Newly Launched Funds Scaling Over 100 Billion Yuan This Year
1 week ago / Read about 0 minute
Author:小编   

Since the onset of this year, the tempo of launching new funds has picked up considerable momentum, with the total assets under management for these freshly introduced funds soaring past the 100 billion yuan mark. Equity funds and Fund of Funds (FOF) products have garnered significant popularity among investors. In fact, several funds have successfully raised more than 3 billion yuan each. A notable trend is the frequent early closure of fundraising periods for these new funds, with a few even achieving a complete sell-out within a mere 24 hours. At present, there are over a hundred funds that are either in the process of being launched or are on the verge of being introduced to the market.