Gate News: Latest Crypto News and Cryptocurrency Prices

23:18

The "professional buyer" of funds is being innovative, and one-click "packaging" of ETFs is gradually becoming a new trend.

Multiple public sale institutions are exploring FOF combination strategies to address issues by reporting ETF-FOF products. The advantages of ETF-FOF products over traditional products lie in their high capital utilization efficiency, low fees, and the characteristic of "T+1" disclosure of valuation. However, in response to market complexity, it is necessary to enhance the macroeconomic research, market analysis, and asset allocation capabilities of the investment research team; combining "quantitative + qualitative" approaches may help achieve scientific asset allocation.

04:20

A huge increase of 1346.12%! FOF exploded in the first quarter

Recently, the issuance of FOF has once again seen a "small hit", with factors such as market recovery contributing to this phenomenon. In the first quarter, the number of newly issued FOFs increased by 166.67% month-on-month, while the fundraising scale surged by 1346.12% month-on-month. There are operational flaws in the personal pension business, such as "unable to retrieve retirement personnel information and unable to withdraw pension funds", exposing issues in information systems and other aspects that require relevant institutions to improve data interaction quality.

11:55

Today, 15 funds were announced

Golden Ten Data on April 17, according to Choice data, a total of 15 funds were announced today (Class A/C is calculated separately), including 8 equity funds, 3 bond funds, 2 hybrid funds, and 2 FOF.

10:54

FOF performance overall rebounded within the year, with nearly 90% achieving positive returns

On March 12, Jinshi Data reported that since the beginning of this year, the overall performance of FOF funds has significantly rebounded, becoming a major highlight in the recent fund market. Data shows that as of March 7, the average return of FOF funds in the entire market reached 2.24%, compared to turning positive from negative in the fourth quarter of last year. Among them, stock FOFs with more equity asset allocations performed particularly well, with an average return of nearly 5%.

02:43

The first FOF quietly established this year, raising over 800 million

Jinshi data, January 15 news, representatives of multi-asset allocation FOF funds are still being continuously deployed by companies, but their focus has turned to bond funds. Golden Eagle Fund announced today that its Golden Eagle Stable Profit Allocation, which holds bonds for three months, has officially established an FOF, becoming the first FOF product to be established in 2025. Despite being an initiative product, the fund raised a scale of 824 million yuan in 14 trading days, reflecting investors' preference for bond products.

03:32

Alipay selling Cryptocurrency funds? Originally an indirect investment by Huabao Fund, subscription has been temporarily suspended.

On December 13, Golden Ten Data News, recently, some netizens found that Huabao Fund is promoting its issuance of a fund product, Huabao Overseas Technology Stock (QDII-FOF-LOF) C, on Alipay, promoting 'riding the pump market of Cryptocurrency', 'representing disruptive innovative technology: Cryptocurrency'. According to the third quarter report of Huabao Overseas Technology C, five of the top ten funds with the highest proportion of fair value at the end of the reporting period are Ark Investments under Cathy Wood, also known as 'Wood Sister'.

ARK-3.3%

11:07

Personal pension has been implemented for two years, and over 50% of Y-share has achieved positive returns since its establishment.

The personal pension system has performed well in the past two years, with 106 funds achieving positive returns and 183 funds achieving positive returns so far this year; as of September 2024, the total scale of the pension FOF-Y share reached 7.344 billion, a rise of 42% compared to the same period last year; the number of personal pension holders reached 1.0305 million households, a rise of 24% compared to the same period last year.

09:54

public sale FOF latest Heavy Position fund exposure, bond fund is still the Heavy Position "main force"

On October 26th, Jinshi Data reported that with the disclosure of the third quarter reports of funds in 2024, the latest Heavy Position fund situation of public sale FOF has emerged. From the disclosure of the third quarter reports, bond funds are still the "main force" of FOF Heavy Position, accounting for more than half. According to Holdings Market Cap, the top 5 funds favored by FOF in the third quarter are CCB Yulong Pure Bond A, CCB Pure Bond AB, Haifutong CSI Short-Term Bond ETF, Orient Red Short-Term Debt A, and Huaxia Hang Seng ETF.

04:02

Decentralization infrastructure PinGo Lab completed seed round financing, CGV FOF and others participated

Jinse Finance reported that Decentralization infrastructure PinGo Lab announced the completion of its seed round financing, with participation from CGV FOF, K24 Fund, Catcher VC, Landscape Capital, etc. The specific amount has not been disclosed yet. The new funds are intended to accelerate the development of its DePIN network in the TON ecosystem. It is reported that PinGo will also enter the field of Artificial Intelligence Generated Content (AIGC).

VC11.55%

TON-4.33%

13:02

PinGo Lab completed seed round financing, CGV FOF and other participated in the investment

Odaily Planet Daily News Decentralization infrastructure PinGo Lab announced the completion of seed round financing, CGV FOF, K24 Fund, Catcher VC and Landscape Capital

VC11.55%

08:54

In August, the performance of public sale FOFs turned positive as the number of products was less than 10, with both bond-type and stock-type FOFs all reporting negative results.

Jinshi Data News on September 2nd, since August, both the stock and bond markets have experienced a pullback, and the magnitude is relatively deep, which is even worse for the underperforming public sale FOF. From the end-of-month statistics of the yield situation, only 6 FOF products in the entire market have positive monthly returns (based on initial shares), and bond-type and stock-type FOFs have all reported losses.

05:00

Fixed income products strongly support public sale with a profit of over 45 billion yuan in the first half of the year

According to Tianxiang Investment Consulting's data, in the first half of 2024, public sale funds achieved investment income of 45.163 billion yuan, with bond funds and currency funds earning more than 300 billion yuan in investment income. Equity funds performed poorly overall, with stock funds and hybrid funds losing more than 300 billion yuan in total. QDII products performed well. Among them, bond funds earned 195.343 billion yuan in profit, currency funds earned 121.349 billion yuan in profit, QDII products earned 22.548 billion yuan in profit as a whole, commodity funds earned 7.746 billion yuan in profit, and FOF products suffered a slight loss of 1.566 billion yuan.

21:37

Fund Dividend exceeded 110 billion yuan so far this year, with bond funds accounting for more than 80%.

Since the beginning of this year, a total of 2,248 funds have implemented Dividend, with a total amount of Dividend of 110.363 billion yuan. Bond funds have the highest Dividend, reaching 94.926 billion yuan, accounting for more than 80%, and many products have a high Dividend frequency. The Dividend amounts of equity funds, REITs, and hybrid funds were 7.273 billion yuan, 4.843 billion yuan, and 3.103 billion yuan, respectively, and the annual Dividend amount of QDII funds was 102 million yuan. The total Dividend amount of alternative investment funds and FOF funds is less than 100 million yuan.

21:34

Liquidation warnings keep sounding, institutions are making concerted efforts to solve the problem of 'mini' pension FOF.

The pension FOF is facing multiple challenges such as small scale, poor performance, and liquidation risks. Industry institutions are starting from both products and services to enhance investor recognition and investment education activities, and accelerate the integration of pensions and investment advisory services.

07:21

The Nuo An Global Gold (QDII-FOF) has suspended new subscriptions and regular investment services.

On July 8th, Jin10 News learned that to protect the interests of fund shareholders, the Nuoan Fund announced that Nuoan Global Gold (QDII-FOF) will suspend subscription and regular investment services from July 8th, 2024. During the suspension period, other businesses such as redemption of the fund will still be processed as usual.

21:18

Over 3000 private sale funds "go public" in the first half of the year, with more than 60% in stock strategies

In the first half of the year, the number of newly filed private equity investment funds exceeded 3,000, with stock strategy products accounting for more than 60%. Despite the sluggish fund issuance market, the number of new private equity products recorded in the second quarter has rebounded. Individual investors are hesitant, while institutional investors are eager to catch the bottom, and some trust institutions will issue FOF products to focus on equity-focused private equity funds. Private fund managers have issued related products that match the risk preferences of institutional investors.

13:31

Private placement financing issues under investigation

Recently, several private placement FOF managers are being investigated for illegal margin financing. The regulatory authorities are stepping up efforts to guide the private placement industry to eliminate risks and return to its core business. In the wild growth of the private placement industry, problems such as margin financing and prevalent channel businesses exist. In the future, 'gray operations' will be accelerated to be eliminated, and solid investment research capabilities are the survival path for private placements.

11:33

Another retirement FOF fund steps on the 'red line' of liquidation of scale

On June 18, Jiashi Fund announced that if the net asset value of Jiashi Retirement Target Date 2045 5-year Holding Period FOF is less than 200 million yuan by the end of June 25, 2024, it will trigger the termination of the fund contract. It was found that Jiashi Retirement Target Date 2045 5-year Holding Period Hybrid (FOF) may become the 5th retirement FOF fund to exit the market this year. Since 2024, 4 retirement FOF funds have been liquidated due to insufficient scale.

04:01

Foresight Ventures, an Asian cryptocurrency venture capital firm, announced the hiring of Min Xue, a former founding team member of Light Source Capital, as the new partner of the incubator unit Foresight X to lead the accelerator business, and Natalie Tien, the former head of corporate communications at FTX, as its PR director. Min Xue joined Lightsource Capital in 2015 as a founding team member of Lightsource Capital, and has been deeply involved in the traditional primary equity market for 8 years. During this period, Min Xue successfully completed multiple rounds of equity financing transactions, including Kuaishou, Zhihu, Soul, Qutoutiao, Kuaikan Comics, etc., and not only led co-investment in projects, but also became a partner of major traditional US dollar funds in these transactions with a total amount of more than US$3 billion. She is responsible for the business areas including the Internet, new consumption, AI and other tracks, and is also the promoter of the overseas business and Web3 business of Light Source Capital. Min Xue hopes to "continue to learn, grow, explore and create new opportunities in the new world of Web 3.0." Foresight has the most complete ecosystem in the industry and the most international perspective among Chinese founding funds, and I am excited to join such a dynamic and innovative team to make my contribution." ” Natalie Tien served as FTX's Director of Corporate Communications and as a special assistant to the company's CEO, where she spent a total of two years at FTX, successfully fueling the FTX brand and increasing the reputation of the company's spokesperson. Foresight Ventures is a cryptocurrency investment firm focused on supporting Web3 projects that embody the spirit of decentralization while driving long-term mainstream adoption of cryptocurrencies. Foresight Ventures manages multiple funds: a venture capital fund, an actively managed secondary fund, a multi-strategy FOF and a private market secondary fund. Foresight X is the accelerator arm of Foresight Ventures, which holds 3-4 accelerator programs every year, providing $200,000 in funding and comprehensive acceleration services to each startup.

22:37

Golden Finance reported that Scott Beal, a New York-based partner at the law firm Barnes and Thornburg, said in a recent interview that while there have clearly been some well-publicized crypto hedge fund failures in the past 12 months, there is still a lot of money to be had in startups focused on cryptocurrencies. In terms of FOF instruments, there will be an upward trend in 2023. Additionally, the Barnes and Thornburg survey found that 52 percent of respondents said that the current state of cryptocurrencies has had a significant negative impact on their companies. However, even with heightened regulatory scrutiny, most are still considering or actively deploying capital in this space in 2023.