CHENGDU, Jan.6 (NBD) -- Statistics show that as of December 31 of 2016, newly listed funds have amounted to 1134, pushing the public offering fund volume to 9.09 trillion yuan (1.31 trillion US dollars). In addition, the number of asset management companies has increased to 113.

Fan Lian, a researcher of Licai.com, said the scale and types of public offering funds set record high even in a tight economy. Outsourcing capitals, such as fixed income funds provided by banks must be great contributors.

To be more competitive, public offering funds should be measured by absolute returns instead of scales and management fees. In the future, the boundary between private placement and public offering will be obscured. By then, high returns will be the deciding factor to win investors.

Email: tanyuhan@nbd.com.cn