The first half of the market ended.With the continuous improvement of the market, private equity performance ushered in a rebound.The latest data shows that in the first half of the year, 23 private equity firms of 10 billion yuan achieved positive returns, accounting for less than 30%.
Since June, the market has continued to rebound, with a bumper harvest of tens of billions of private equity.According to data from the Private Equity Pai Pai Network, as of the end of June, the 87 billion-dollar private equity companies with a performance record in June had an overall return of 5.41%, of which 80 achieved positive returns, accounting for 91.95%.Among the tens of billions of private placements that achieved positive returns, there were 22 tens of billions of private placements with a monthly return of more than 10%, and the tens of billions of private placements ushered in a bumper harvest season in June.
According to data from the Private Equity Pai Pai.com, as of the end of June, the overall revenue of 87 tens of billions of private equity firms with performance records in the first half of the year has rebounded to -3.85% this year. %.Specifically, the tens of billions of private placements that manage futures strategies and bond strategies have outstanding performance, while the tens of billions of private placements that manage quantitative stock strategies are differentiated.The tens of billions of private placements that manage active stock strategies performed the worst, with only 5 positive gainers.In the first half of the year, 19 private equity firms with tens of billions of dollars had a floating loss of more than 10%, of which alluvial assets had a floating loss of more than 20% in the first half of the year, making the performance at the bottom.Well-known tens of billions of private equity such as Danshuiquan, Qianhe Capital, Oriental Harbour, Jinglin Assets, and Shifeng Assets have floating losses of more than 10%.
Private equity Pai Pai.com data shows that in the first half of the year, Jiuying Assets became the champion of 10 billion private equity returns with a performance of 17.41%, and Loken International and Black Wing Assets ranked second and third respectively.The tens of billions of private placements managed futures strategies and fixed income strategies performed well.Among them, many fixed-income strategies such as Youshan Fund, SAIC Qizhen, Mingyi Fund, Hesheng Assets, Lerui Assets and other tens of billions of private placements have achieved positive returns; while Blackwing Assets, Hande Investment, Luoshu Investment, Zhanhong Investment , Qianxiang Assets and other core strategies to achieve positive returns are managed futures strategies.
The tens of billions of private equity companies that manage quantitative stock strategies are differentiated. For example, Chengqi Assets, Century Frontier Assets, Egret Asset Management, Si Xie Investment, and Jin Technetium Assets all achieved positive returns in the first half of the year. Magic Fang, Jiukun, Qilin, etc. , Lingjie, etc. have not yet returned to positive returns.
How is the market in the second half of the year?A number of private equity firms are looking forward to it.Longhang Assets expects the market to fluctuate more in July. Compared with the partial growth style in June, the market performance from July to August will be more balanced. The leading new energy and automobiles will absorb the increase and valuation through fluctuations. Faster share prices need to wait for fundamentals to catch up.Downplaying macro factors and actively looking for industries and companies that exceed expectations will become the main direction for the next period of time.Due to the larger rebound in the previous period, the potential yield will be lower in July-August than in May-June.
Shanshuiyuan Assets believes that at the industry level, the growth rate of domestic sales of new energy vehicles in June continued to pick up and maintain a high degree of prosperity.In general, there are currently many growth stocks with high-quality fundamentals whose valuations are at a reasonable level, and the market is expected to continue to focus on structural market conditions in the future.He Li, general manager of Zhiyu Zhishan Fund, said that with the continuous entry of long-term large-scale funds, mainly foreign capital and pension funds, and the formation of a virtuous circle of my country's stock market development and economic development, the development of the entire market will enter a new stage. stage.
