Kaiyuan Securities research, covering publicly offered quant 'fixed‑income+' funds with ≥ CNY100 mln AUM, shows rapid expansion since 2020 and an acceleration from Q3 2025. As of April 26, 2026 there are 70 such funds with combined AUM of CNY159.6 bl

2026-06-04

Kaiyuan Securities research, covering publicly offered quant 'fixed‑income+' funds with ≥ CNY100 mln AUM, shows rapid expansion since 2020 and an acceleration from Q3 2025. As of April 26, 2026 there are 70 such funds with combined AUM of CNY159.6 bln; assets have nearly doubled in under a year amid lower risk‑free rates and widening A‑share dispersion as managers deploy quant strategies to capture equity opportunities.