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钜瑞资产三家私募产品收益几乎全都为负 最惨那只今年亏三成

2017-08-07 18:31:00   中国经济网

拥有三家私募公司,且三家私募旗下均有多只产品运行,这在私募界颇为罕见。安徽钜瑞资产管理有限公司(下称钜瑞资产)就是这样的公司。数据显示,钜瑞资产成立于2013年,于2014年9月成功备案,目前旗下还有安徽赋成资产管理有限公司(下称赋成资产),安徽润京资产管理有限公司(下称润京资产)。

上述三家私募公司产品今年表现均一般。其中,赋成资产的“赋成凯旋24号”前七个月收益率为-30.95%。

私募排排网公开数据显示,目前赋成资产旗下共有19只产品正在运行且净值近期有更新。收益方面,除去今年刚成立的3只产品外,其余16只产品今年以来平均收益率为-14.87%,且九成以上产品收益率均为负数,超半数产品亏损率高于10%。累计收益方面,赋成资产旗下有16只产品收益率为负。

投资策略方面,赋成资产旗下19只产品均采用股票策略,其中股票多头子策略产品最多,占比为47.37%,其次是股票多/空策略,占比36.84%,另外还有3只产品采用股票量化策略。

“赋成凯旋24号”成立于2016年7月28日,仅一年时间内净值便跌至0.7214,今年以来更是大幅亏损30.95%。净值走势上看,该产品自成立以后,净值收益便长期在同期沪深300指数下方运行,且多数时间里均处于亏损状态。以今年4月中旬为界,这只产品此前亏损率还能控制在5%以内,之后则是一泻而下,三个多月里跌幅高达23.64%。

值得注意的是,与“赋成凯旋24号”差不多同期,即在2016年7月成立的另外两只产品,是公司旗下今年收益垫底的产品,且亏损率都在23%以上,这两只产品都采用的是股票多头策略。同样采取股票多头策略的“赋成16号”最新净值则仅为0.6789,是赋成旗下目前累计收益“垫底”的产品。

此外,赋成资产旗下采用股票量化策略的4只产品收益情况也是一片惨淡。其中“赋成十二号”今年以来亏损率高达28.87%,该产品成立以来的最大回撤为27.7%。同时,公司旗下的另一只股票量化策略产品“赋成瑞翔量化10号”虽然在今年3-6月期间,净值都保持稳定的状态,但是前七个月亏损率依然达到6.06%。该产品同时也是目前赋成资产旗下有公开数据的产品中表现最好的一只。

据公开资料介绍,赋成资产倾向于周全利用完全的量化对冲投资策略,拥有多个有用量化模子,力求获取阿尔法优势;同时,则选取匹配的股指期货(如沪深300、中证500、上证50等)卖空,构建对冲组合,试图在规避系统风险的同时,获取个股或投资组合的超额收益。然而,从今年以来的收益情况来看,该公司显然并未将这种阿尔法策略的优势发挥出来。

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