MIME-Version: 1.0 Content-Type: multipart/related; boundary="----=_NextPart_01D0D5D3.717652E0" 此文档为“单个文件网页”,也称为“Web 档案”文件。如果您看到此消息,但是您的浏览器或编辑器不支持“Web 档案”文件。请下载支持“Web 档案”的浏览器,如 Windows? Internet Explorer?。 ------=_NextPart_01D0D5D3.717652E0 Content-Location: file:///C:/17FA5A45/file3077.htm Content-Transfer-Encoding: quoted-printable Content-Type: text/html; charset="us-ascii"

私募基金半年&#= 25253;“放榜”冠军收益逾= ;351%

2015-08-= 03 08:19:00 来源:= 青岛ũ= 30;经日报

1财金专讯 格上理财研究中心日= 1069;发布的私募证券投资基金业绩榜= ;单显示,纳入统计的1169只传统股票型= 8451;光私募基金今年上ࡔ= 2;年的平均收益率为47.95%,略低于公募&= #20559;股型基金。其中,= 169;募龙头产品表现出比= ;公募基金更强的“进= 5915;性”,上半年的业绩= ;冠军“倚天雅莉3号”获得351.= 89%的收益,收益超越&= #20844;募冠军近200%徐翔的泽熙投资旗下产品= ;平均收益高达160.08%

在私募上= 半年成绩单中,除传= 2479;私募策略以外,包৤= 4;主观期货策略、宏观对冲策略= ;和套利策略等新兴策&#= 30053;的私募基金业绩表Ĩ= 16;抢眼。这3类私募前5名私募基金产品平ࢺ= 3;收益率分别为115.91%98.33%和= 25.99%。在应用新兴&= #31574;略的个基方面,除= 333;账户期货之外的公开= ;产品,紫熙投资旗下&#= 30340;期货= 专户“紫熙敏进一号”上&= #21322;年收益262.87%,不亚于大多= 数绩优传统策略产品= 2290;

格上理财= 研究员张彦表示,这反映出对冲= ;工具产品日益丰富的&#= 38451;光私募领域,投资Ļ= 74;略更加多元化,新兴= 策略产品开始受到投= 6164;者青睐。尤其是在ॵ= 2;用各类对冲工具方面&= #65292;私募基金凭借自身= 248;势,比公募基金在策= ;略选择时表现得更加&#= 28789;活、多样。

在相对价= 值策略中,应用阿尔= 7861;策略的业绩前5位产品分别是द= 5;聚稳进、睿策量化1期、锝金1号、盈峰量化和大ॄ= 1;绝对,平均业绩高达<= span lang=3DEN-US>34.15%。而应用套利&= #31574;略的前5强分别是天演2期、盛世一号ӌ= 9;光大阳光集结号套利&= #23453;一期、德骏量化对= 914;1号和淘利多策஽= 3;量化套利5号,平均业绩๟= 8;25.99%

在期货策= 略中,主观期货策略= 1644;程序化期货策略的ߏ= 4;绩存在一定差距,前&= #32773;业绩前5强产品比后者ོ= 0;出近37%,但两类基金= 869;部的同类产品比较看= ;,前者产品业绩差距&#= 36739;大,后者业绩表现İ= 56;对均衡。在宏观对冲= 策略中,前5名产品的平均ߏ= 4;绩高达98.33%,其中,兴云&= #22278;运动1号凭借133.49%的收益位列第一名。=

 尽管新兴策略= 135;品发行数量和发行规= ;模有增加趋势,但是&#= 36825;些新策略产品的总Š= 68;模依然无法与传统产= 品的规模相匹敌。据= 6684;上理财不完全统计ᦁ= 2;相对价值策略私募基&= #37329;产品规模仅为1000多亿元,期货= 1574;略的规模仅为数百ߟ= 9;元。从数量上看,新&= #20852;策略的产品依旧偏= 569;。张彦认为,这主要= ;是因为目前国内的对&#= 20914;工具偏少,在权益ľ= 67;投资方面,仅有的沪= 深300少量股指期货品种以及融资融券等工具。私募管理人= ;在实际操作期间,又&#= 20250;遇到费用高、融券Ɓ= 90;等问题。在宏观对冲= 方面,国外宏观对冲= 1574;略具备汇率、利率౔= 1;丰富的衍生品工具,&= #32780;国内可供使用的对= 914;基金手段还有待丰富= ;。

------=_NextPart_01D0D5D3.717652E0 Content-Location: file:///C:/17FA5A45/file3077.files/themedata.thmx Content-Transfer-Encoding: base64 Content-Type: application/vnd.ms-officetheme UEsDBBQABgAIAAAAIQCCirwT+gAAABwCAAATAAAAW0NvbnRlbnRfVHlwZXNdLnhtbKyRy2rDMBBF 94X+g9C22HK6KKXYzqJJd30s0g8Y5LEtao+ENAnJ33fsuFC6CC10IxBizpl7Va6P46AOGJPzVOlV XmiFZH3jqKv0++4pu9cqMVADgyes9AmTXtfXV+XuFDApmaZU6Z45PBiTbI8jpNwHJHlpfRyB5Ro7 E8B+QIfmtijujPXESJzxxNB1+SoLRNegeoPILzCKx7Cg8Pv5DCSAmAtYq8czYVqi0hDC4CywRDAH an7oM9+2zmLj7X4UaT6DF9jNBDO/XGD1P+ov5wZb2A+stkfp4lx/xCH9LdtSay6Tc/7Uu5AuGC6X t7Rh5r+tPwEAAP//AwBQSwMEFAAGAAgAAAAhAKXWp+fAAAAANgEAAAsAAABfcmVscy8ucmVsc4SP z2rDMAyH74W9g9F9UdLDGCV2L6WQQy+jfQDhKH9oIhvbG+vbT8cGCrsIhKTv96k9/q6L+eGU5yAW mqoGw+JDP8to4XY9v3+CyYWkpyUIW3hwhqN727VfvFDRozzNMRulSLYwlRIPiNlPvFKuQmTRyRDS SkXbNGIkf6eRcV/XH5ieGeA2TNP1FlLXN2Cuj6jJ/7PDMMyeT8F/ryzlRQRuN5RMaeRioagv41O9 kKhlqtQe0LW4+db9AQAA//8DAFBLAwQUAAYACAAAACEAa3mWFoMAAACKAAAAHAAAAHRoZW1lL3Ro ZW1lL3RoZW1lTWFuYWdlci54bWwMzE0KwyAQQOF9oXeQ2TdjuyhFYrLLrrv2AEOcGkHHoNKf29fl 44M3zt8U1ZtLDVksnAcNimXNLoi38Hwspxuo2kgcxSxs4ccV5ul4GMm0jRPfSchzUX0j1ZCFrbXd INa1K9Uh7yzdXrkkaj2LR1fo0/cp4kXrKyYKAjj9AQAA//8DAFBLAwQUAAYACAAAACEAxxxtFJwG AABRGwAAFgAAAHRoZW1lL3RoZW1lL3RoZW1lMS54bWzsWU1vG0UYviPxH0Z7b2MndhpHdarYsRto 00axW9TjeD3enXp2ZzUzTuobao9ISIiCeqAS4sIBAZVaCSTKr0kpKkXqX+Cdmd31TrwmSRtBBfUh 8c4+7/fHvDO+eOlOxNA+EZLyuOlVz1c8RGKfD2kcNL0b/e65NQ9JheMhZjwmTW9KpHdp4/33LuJ1 FZKIIKCP5TpueqFSyfrSkvRhGcvzPCExvBtxEWEFjyJYGgp8AHwjtrRcqawuRZjGHopxBGyvj0bU J+jZz7+8+OaBt5Fx7zAQESupF3wmepo3cUgMdjiuaoScyjYTaB+zpgeChvygT+4oDzEsFbxoehXz 8ZY2Li7h9ZSIqQW0Bbqu+aR0KcFwvGxkimCQC612a40LWzl/A2BqHtfpdNqdas7PALDvg6VWlyLP Wnet2sp4FkD26zzvdqVeqbn4Av+VOZ0brVar3kh1sUwNyH6tzeHXKqu1zWUHb0AWX5/D11qb7faq gzcgi1+dw3cvNFZrLt6AQkbj8RxaB7TbTbnnkBFn26XwNYCvVVL4DAXZkGeXFjHisVqUaxG+zUUX ABrIsKIxUtOEjLAPadzG0UBQrAXgdYILb+ySL+eWtCwkfUET1fQ+TDCUxIzfq6ffv3r6GB3efXJ4 96fDe/cO7/5oGTlU2zgOilQvv/3sz4cfoz8ef/3y/hfleFnE//bDJ89+/bwcCOUzU+f5l49+f/Lo +YNPX3x3vwS+KfCgCO/TiEh0jRygPR6BYcYrruZkIE5H0Q8xLVJsxoHEMdZSSvh3VOigr00xS6Pj 6NEirgdvCmgfZcDLk9uOwr1QTBQtkXwljBzgDuesxUWpF65oWQU39ydxUC5cTIq4PYz3y2S3cezE tzNJoG9maekY3g6Jo+Yuw7HCAYmJQvodHxNSYt0tSh2/7lBfcMlHCt2iqIVpqUv6dOBk04xom0YQ l2mZzRBvxzc7N1GLszKrt8i+i4SqwKxE+T5hjhsv44nCURnLPo5Y0eFXsQrLlOxNhV/EdaSCSAeE cdQZEinLaK4LsLcQ9CsYOlZp2HfYNHKRQtFxGc+rmPMicouP2yGOkjJsj8ZhEfuBHEOKYrTLVRl8 h7sVop8hDjheGO6blDjhPr4b3KCBo9IsQfSbidCxhFbtdOCIxn/XjhmFfmxz4OzaMTTA5189LMms t7URb8KeVFYJ20fa7yLc0abb5mJI3/6eu4Un8S6BNJ/feN613Hct1/vPt9xF9XzSRjvrrdB29dxg h2IzIkcLJ+QRZaynpoxclWZIlrBPDLuwqOnM8ZDkJ6YkhK9pX3dwgcCGBgmuPqIq7IU4gQG76mkm gUxZBxIlXMLBziyX8tZ4GNKVPRbW9YHB9gOJ1Q4f2uUVvZydC3I2ZrcJzOEzE7SiGZxU2MqFlCmY /TrCqlqpE0urGtVMq3Ok5SZDDOdNg8XcmzCAIBhbwMurcEDXouFgghkZar/bvTcLi4nCWYZIhnhI 0hhpu+djVDVBynLF3ARA7pTESB/yjvFaQVpDs30DaScJUlFcbYG4LHpvEqUsg2dR0nV7pBxZXCxO FqODpteoL9c95OOk6Y3gTAtfowSiLvXMh1kAN0O+Ejbtjy1mU+WzaDYyw9wiqMI1hfX7nMFOH0iE VFtYhjY1zKs0BVisJVn9l+vg1rMywGb6a2ixsgbJ8K9pAX50Q0tGI+KrYrALK9p39jFtpXyiiOiF wwM0YBOxhyH8OlXBniGVcDVhOoJ+gHs07W3zym3OadEVb68Mzq5jloQ4bbe6RLNKtnBTx7kO5qmg HthWqrsx7vSmmJI/I1OKafw/M0XvJ3BTsDLUEfDhHldgpOu16XGhQg5dKAmp3xUwOJjeAdkCd7Hw GpIKbpPNf0H29X9bc5aHKWs48Kk9GiBBYT9SoSBkF9qSyb5jmFXTvcuyZCkjk1EFdWVi1R6QfcL6 ugeu6r3dQyGkuukmaRswuKP55z6nFTQI9JBTrDenh+R7r62Bf3ryscUMRrl92Aw0mf9zFUt2VUtv yLO9t2iIfjEbs2pZVYCwwlbQSMv+NVU45VZrO9acxcv1TDmI4rzFsJgPRAnc9yD9B/Y/KnxGTBrr DbXP96C3IvihQTODtIGsPmcHD6QbpF0cwOBkF20yaVbWtenopL2WbdZnPOnmco84W2t2knif0tn5 cOaKc2rxLJ2detjxtV1b6GqI7NEShaVRdpAxgTG/aRV/deKD2xDoLbjfnzAlTTLBb0oCw+jZM3UA xW8lGtKNvwAAAP//AwBQSwMEFAAGAAgAAAAhAA3RkJ+2AAAAGwEAACcAAAB0aGVtZS90aGVtZS9f cmVscy90aGVtZU1hbmFnZXIueG1sLnJlbHOEj00KwjAUhPeCdwhvb9O6EJEm3YjQrdQDhOQ1DTY/ JFHs7Q2uLAguh2G+mWm7l53JE2My3jFoqhoIOumVcZrBbbjsjkBSFk6J2TtksGCCjm837RVnkUso TSYkUiguMZhyDidKk5zQilT5gK44o49W5CKjpkHIu9BI93V9oPGbAXzFJL1iEHvVABmWUJr/s/04 GolnLx8WXf5RQXPZhQUoosbM4CObqkwEylu6usTfAAAA//8DAFBLAQItABQABgAIAAAAIQCCirwT +gAAABwCAAATAAAAAAAAAAAAAAAAAAAAAABbQ29udGVudF9UeXBlc10ueG1sUEsBAi0AFAAGAAgA AAAhAKXWp+fAAAAANgEAAAsAAAAAAAAAAAAAAAAAKwEAAF9yZWxzLy5yZWxzUEsBAi0AFAAGAAgA AAAhAGt5lhaDAAAAigAAABwAAAAAAAAAAAAAAAAAFAIAAHRoZW1lL3RoZW1lL3RoZW1lTWFuYWdl ci54bWxQSwECLQAUAAYACAAAACEAxxxtFJwGAABRGwAAFgAAAAAAAAAAAAAAAADRAgAAdGhlbWUv dGhlbWUvdGhlbWUxLnhtbFBLAQItABQABgAIAAAAIQAN0ZCftgAAABsBAAAnAAAAAAAAAAAAAAAA AKEJAAB0aGVtZS90aGVtZS9fcmVscy90aGVtZU1hbmFnZXIueG1sLnJlbHNQSwUGAAAAAAUABQBd AQAAnAoAAAAA ------=_NextPart_01D0D5D3.717652E0 Content-Location: file:///C:/17FA5A45/file3077.files/colorschememapping.xml Content-Transfer-Encoding: quoted-printable Content-Type: text/xml ------=_NextPart_01D0D5D3.717652E0 Content-Location: file:///C:/17FA5A45/file3077.files/header.htm Content-Transfer-Encoding: quoted-printable Content-Type: text/html; charset="us-ascii"





------=_NextPart_01D0D5D3.717652E0 Content-Location: file:///C:/17FA5A45/file3077.files/filelist.xml Content-Transfer-Encoding: quoted-printable Content-Type: text/xml; charset="utf-8" ------=_NextPart_01D0D5D3.717652E0--