According to the disclosed annual report data of trust companies in 2021, the new scale of standard trust products of trust companies such as foreign trade trust, China Resources trust, Jiangsu trust, Minmetals trust and Ping An Trust is obvious, and the standard trust business of head trust company has scale advantages and brand effect.
The statistical data of private placement paipai.com shows that in the first half of this year, among the eight strategies of private placement funds, only the management futures strategy and bond strategy have positive returns, and the rest have retreats of different ranges, of which the yield of stock strategy products is -7.29%; The strategic yield of the bond is 1.17%, 0.66 percentage points lower than the China national debt new comprehensive wealth index; The yield of fof fund is -3.89%.
Although the performance of standard trust in the first half of the year was not excellent, under the background of the overall transformation of the trust industry, trust funds continued to enter the market, shifting from non-standard assets to the field of standard trust.
According to the statistics from the usufruct trust, through the data disclosed on the official website of the trust company and some supplementary data selected from the private placement website, as of June 30, 2022, the arithmetic average yield of 10138 standard trusts that continuously updated their net value in 2022 in the first half of the year was -2.59%, and the products that obtained positive income accounted for 38.3%.
In the first half of 2022, due to the impact of market shock adjustment, the “report card” of standard trust mainly invested in the securities market was not beautiful.
In June, the standard trust products accounted for half of the collective trust market in terms of quantity.
Data source: usufruct Financial Trust Research Institute “the standard product trust business is in line with the transformation direction advocated by the regulation.
Industry analysts believe that due to various factors, the capital market continued to fluctuate in the first half of this year, which also affected the performance of standard trust to a certain extent.
Coupled with the formal implementation of the new asset management regulations in 2022, the net worth of asset management products has become a trend, so the standard product business is becoming the focus of many trust companies at present.” A person from the securities business department of a trust company told reporters.
The latest statistical data from the China Trust Industry Association also shows that the scale and proportion of capital trust investment in the securities market continue to increase.
Among them, the establishment scale of equity standard trust products in the collective trust market was 11.85 billion yuan, an increase of 8.35 times month on month; The growth of fixed income products was also obvious, with an increase of 207.14%.
The market shock dragged down the performance of standard trust.
By the end of the first quarter of this year, the scale of fund trusts invested in the securities market was 3.54 trillion yuan, an increase of 45.72% year-on-year and 5.51% month on month; The proportion was 24.00%, up 8.78 percentage points year-on-year and 1.63 percentage points month on month.
However, with the acceleration of the transformation of the trust industry, standard trust continues to heat up, and the trend of trust funds collectively “transferring positions” to the securities market will not change.
In this regard, Xiao Yongyue, a researcher at the usufruct Financial Trust Research Institute, believes that since this year, due to geopolitics, repeated epidemics, the Fed’s interest rate hike and other factors, the market has continued to fluctuate, dragging down the yield of standard trust to a certain extent.
Despite the influence of incomplete information disclosure and other factors, the establishment scale of the standard trust products of some trust companies has increased significantly, accounting for nearly 50%.
Trust funds are actively deployed in the capital market.
Trust funds are “running” into the market.
It is particularly noteworthy that since the market began to recover in May, the pace of trust funds entering the market has also begun to accelerate.
Yu Zhi, a researcher at the usufruct Financial Trust Research Institute, said that the standard trust business has always been the key area of trust companies’ business transformation.
Recently, a performance report of standard trust in the first half of the year from a third-party organization made the “report card” of standard trust appear in the first six months of 2022.
According to the classification and statistics of specific product strategies, from the perspective of investment strategies, there are 4147 stock strategy products, with an average return of -5.86%, of which 16.47% have achieved positive returns; There are 3068 bond strategy products in total, with an average yield of 0.5%, which is lower than 1.83% of the China national debt new composite index, of which 64.31% of the products have achieved positive returns; There are 1656 portfolio strategy products, with an average yield of -2.31%, of which 29.05% are profitable; There are 663 compound strategy products, with an average yield of -2.05%, and a positive yield of 44.04%; There are 438 products with relative value strategy, with an average yield of 3.8%, and such products with an average yield of 87.44% recorded positive returns; 106 macro strategy products, with an average yield of -1.16%; 35 managed futures strategy products, with an average yield of 1.42%; There are only 8 event driven strategy products, with an average yield of -10.29%.
Statistics from the user trust show that the collective trust market began to pick up in June, and the establishment scale of standard trust products increased significantly.
Statistics show that as of June 30, 2022, the arithmetic average yield of 10138 standard goods trusts that have continuously updated their net worth since the beginning of this year was -2.59% in the first half of the year, and products with positive returns accounted for 38.3%.
In 2022, “the second half” focused on structural opportunities “a while ago, we could feel the warmth from the market.” A person from the trust wealth management department in Shanghai told reporters, “customers have consulted the standard trust products more often.” However, after entering July, the A-share market began to fluctuate again..
The prophet of Chunjiang water heating duck.