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2014年以来券商私募资管规模变化
2014年以来券商私募资管规模变化
行业数据
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图片格式:PNG
图片大小:69KB
图片尺寸:1192*759
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所属报告:
证券行业深度:行业业绩有望持续修复头部及特色券商各有看点-230630(20页).pdf
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券商资管私募资产管理规模(亿元,%)
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2025年券商各项资管规模企稳回升,公募业务增长显著(单位:亿元)
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亚太地区私募股权市场募资情况(2016-2025)
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行业数据
2026-04-08
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亚太地区私募股权并购基金募资时长(月数)
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行业数据
2026-04-08
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图8 证监会公募基金管理机构名录(券商及券商资管)
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行业数据
2026-01-06
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图18 东证资管公募产品布局(只)
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行业数据
2026-01-06
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图19 财通资管公募产品布局 (只)
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行业数据
2026-01-06
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图21 华泰资管公募产品布局(只)
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行业数据
2026-01-06
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图20 国泰海通资管公募产品布局 (只)
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行业数据
2026-01-06
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图72024年以来券商资管发行公募产品规模(亿元)
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2026-01-06
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图4 券商资管公募业务规模分布 (亿元,%)
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2026-01-06
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图6 券商资管分类型公募产品规模占比
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2026-01-06
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图5 券商资管在管非货公募产品规模情况(亿元)
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2026-01-06
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图2 近5年券商资管非货公募基金规模情况(亿元)
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2026-01-06
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5月之后权益类私募资管产品存续规模上升
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2025-12-15
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行业再融资监管趋严,资本金扩充步伐放缓。今年以来有包括南京证券、天风证券、浙商证券等券商陆续发布再融资方案,据 wind 数据统计,再融资在途的券商有 12 家,合计拟募资金额 1092.56 亿元,包括拟配股的中金公司和华泰证券,拟募资不超过 270亿元、280 亿元。目前来看,仅粤开证券、国海证券再融资获证监会批复,其余多家券商再融资计划仍在等待注册审核,行业再融资更趋谨慎,券商资本金扩张节奏趋缓。一季度季报统计来看,2023Q1 上市券商总资产较去年年末增长 4.22%,净资产较去年年末增长 2.36%。我们分析来看,一方面,监管在再融资审核中更加关注上市证券公司融资的必要性、合理性,证监会在今年 1 月初的一次答记者问上表示,对于券商再融资,倡导证券公司自身必须聚焦主责主业,树牢合规风控意识,坚持稳健经营,走资本节约型、高质量发展的新路,发挥好资本市场‘看门人’作用。今年以来财达证券、国联证券、南京证券修订了募集说明书,下修拟募集资金或调整募集资金投向等;另一方面,自 2月全面注册制实施以来,主板在途再融资项目按照注册制要求平移至交易所审核,券商再融资审核进度或有所受影响。未来,我们预计在倡导稳健经营、资本节约、高质量发展的形势下,预计行业布局更加倾向于 ROE 较高的业务板块,如轻资产方面的投行、资管、财富管理,资金类业务方面的衍生品、做市业务等。
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