2024, subjective and quantitative to make a big reversal?

Around the Spring Festival this year, Quan private placement experienced a rebound after its Waterloo, and finally surpassed the subjective private placement performance in February and March. Since April, A shares have experienced a breakthrough after consolidation, with the Prev standing above 3100 points, sending a positive signal. Despite the obvious differentiation, there is no lack of structural opportunities. From the strategic point of view, the subjective run-win quantification.

Data from the private placement network show that the average return of 3029 subjective private placements with performance records in April is 0.Megawayssistersites.87%, the average income this year is-0.79%, of which the positive income accounts for 47.61%, and the average income of the top 10 is 87.29%. The average return of 641 quantified private equity with performance records was 0.65% in April, and 0.45% so far this year, of which positive income accounted for 51.17%, and the average income of the top 10 was 40.33%.

Generally speaking, subjective private placement is more likely to get high returns, and the average income in the first ten months of April is less than half of the subjective income.

In addition, the subjective + quantitative performance is regular. Data from the private placement network show that the average subjective + quantified April income of the 1103 companies with performance records is 1.15%, and the average income so far this year is 0.11%, of which positive income accounts for 50.23%, and the average income of the top 10 is 59.75%.

Subjective private placement refers to the private equity companies that mainly rely on the subjective judgment and experience of fund managers to make investment decisions. In terms of investment strategies, subjective private placement usually adopts a variety of strategies, including value investment, growth investment, trend tracking and so on. Success depends on the experience, research ability and risk control ability of the management team.

In recent years, due to the poor performance of the equity market, subjective private placement has encountered a cold winter. In the fourth quarter of last year, the subjective long strategy also ushered in a dark moment, when the private equity subjective long strategy has been negative for two consecutive years.

The net worth of the young star manager suffered a pullback. Because of the huge loss, the 10 billion private equity investment in Xi Tai has been directly "online" by investors. The well-known 10 billion private equity park invests in 273 funds, and the net value of many products is halved. An investor left a message that bought three private equity, all at a loss, bought Gao Yi's products, thanks to 20% in two years, Juming Investment lost 17%, and Jinglin's product yield was-14%.

Since the beginning of this year, with the steady performance of the A-share market, subjective private placement is full of enthusiasm. According to Chioce data, the number of institutional surveys in the past month reached 54960, an increase of 27907 over the previous period and an increase of 96.9% over the previous period. A total of 173 listed companies have been investigated by 10 billion private equity freshwater springs in January, with an average of 5.76 per day!

For the post-May Day market, the survey results of the private placement network show that 51.06% of the private placements are optimistic, believing that the effect of the one-quarter report landing overlay policy will gradually appear, so they are optimistic about the post-holiday market.Megawayssistersites36.17% of private placements hold a neutral attitude towards the post-holiday market, believing that the market will continue to fluctuate, while 12.77% of private placements are cautious about the future.

Platoon Wealth pointed out that with the end of the quarterly report, after the May Day holiday, the uncertainty of performance has weakened, and some safe-haven funds may return to the market. In addition, if the yen continues to depreciate, international capital is expected to continue to flow into AH shares, bringing more incremental funds to the market.