Over 1 Trillion Yuan in New Investment Funds Launched in China in 2019, Bond Funds Account for over 56%


2019 is shaping up to be a bumper year for the launch of new investment funds in China, with total volume already exceeding one trillion yuan.

Figures from financial data provider Wind indicate that as of 29 November China has seen the establishment of 885 investment funds whose collective worth exceeds one trillion yuan.

This compares to an average of 399 funds launched per annum for the period from 2006 to 2019, with an average of annual fund-raising amount of 597.643 billion yuan.

161 equity funds have been established this year raising 198.367 billion yuan in funds to account for 19.3% of the total, while 268 mixed funds have been launched raising 232.652 billion yuan, equal to 22.64% of the total.

A total of 390 bond funds have been established this year, raising 583.088 billion yuan, accounting for an historic high share of 56.74%.

2019 will mark the third year that new funds launched has exceeded one trillion yuan, alongside 2015 and 2016.