CICC: Cautiously optimistic about the sustainability of excess returns from active equity funds

MetaMuskRat · 2026-03-12T12:04:00+00:00

China International Capital Corporation, March 12 - Looking ahead to 2026, CICC maintains a cautiously optimistic outlook on the sustainability of excess returns for actively managed equity funds. At the market level, emerging industry trends continue to emerge and sector rotation accelerates, providing structural excess return opportunities for active management; at the regulatory level, new supervision rules drive capability upgrades, and the establishment of platformized research and investment systems safeguard the stability of excess returns; at the funding level, incremental capital inflows are expected, redemption pressure on existing funds is narrowing, and a positive feedback loop of "performance-scale" is likely to form.

MetaMuskRat

2026-03-12 12:04:00

People’s Financial News, March 12 — Looking ahead to 2026, CICC remains cautiously optimistic about the sustainability of excess returns from active equity funds. On the market level, emerging industry trends continue to emerge, and sector rotation accelerates, providing structural excess return opportunities for active management; on the institutional level, new regulatory rules are driving capacity upgrades, and the development of platform-based investment research systems is safeguarding stable excess returns; on the capital level, additional funds entering the market are expected, while redemption pressures on existing funds are gradually easing, potentially creating a positive cycle of “performance—scale.”

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes