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.

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.