{"id":107,"date":"2024-01-03T08:00:00","date_gmt":"2024-01-03T08:00:00","guid":{"rendered":""},"modified":"2026-06-23T02:44:05","modified_gmt":"2026-06-23T02:44:05","slug":"2024s-investment-terrain-cautiously-forward","status":"publish","type":"ss_article","link":"https:\/\/www.irostors.com\/zh_CN\/article\/2024s-investment-terrain-cautiously-forward\/","title":{"rendered":"2024\u5e74\u6295\u8d44\u683c\u5c40\uff1a\u5ba1\u614e\u524d\u884c"},"content":{"rendered":"

2024 \u5e74\uff0c\u6295\u8d44\u7ecf\u7406\u9884\u671f\u7ecf\u6d4e\u73af\u5883\u5ba1\u614e\uff0c\u7f8e\u56fd\u53ef\u80fd\u653e\u7f13\u6216\u201c\u8f6f\u7740\u9646\u201d\uff0c\u53d7\u6d88\u8d39\u652f\u51fa\u8d70\u5f31\u548c\u653f\u7b56\u53d8\u5316\u5f71\u54cd\u3002\u5bf9\u901a\u80c0\u7684\u770b\u6cd5\u5b58\u5728\u5206\u6b67\uff1a\u6709\u4eba\u9884\u8ba1\u9ad8\u5229\u7387\u6301\u7eed\uff0c\u6709\u4eba\u9884\u671f\u901a\u80c0\u56de\u843d\u3002\u5171\u8bc6\u503e\u5411\u4e8e\u7f8e\u8054\u50a8\u5728\u4e0a\u534a\u5e74\u964d\u606f\u3002\u80a1\u7968\u5c55\u671b\u6574\u4f53\u8c28\u614e\uff0c\u504f\u597d\u4f18\u8d28\u80a1\u548c\u4ef7\u503c\u80a1\uff0c\u5c24\u5176\u662f\u53d1\u8fbe\u5e02\u573a\uff1b\u65e5\u672c\u662f\u660e\u663e\u4f8b\u5916\u3002\u56fa\u5b9a\u6536\u76ca\u65b9\u9762\u504f\u597d\u7f8e\u56fd\u56fd\u503a\uff0c\u5bf9\u516c\u53f8\u503a\u770b\u6cd5\u4e0d\u4e00\u3002\u4e3b\u8981\u98ce\u9669\u5305\u62ec\u5730\u7f18\u653f\u6cbb\u7d27\u5f20\u3001\u7ecf\u6d4e\u548c\u653f\u7b56\u4e0d\u786e\u5b9a\u6027\uff0c\u4ee5\u53ca\u80fd\u6e90\u4ef7\u683c\u98d9\u5347\u7b49\u8de8\u9886\u57df\u6311\u6218\u3002\u4e0e\u5f80\u5e38\u4e00\u6837\uff0c\u70b9\u51fb\u6295\u8d44\u7ecf\u7406\u540d\u79f0\u5373\u53ef\u9605\u8bfb\u5176\u89c2\u70b9\u7684\u539f\u59cb\u62a5\u544a\u3002<\/p>\n

\u589e\u957f\u9762\u4e34\u6311\u6218\uff0c\u8870\u9000\u98ce\u9669\u72b9\u5b58<\/h2>\n

2024 \u5e74\uff0c\u7f8e\u56fd\u7ecf\u6d4e\u589e\u957f\u524d\u666f\u603b\u4f53\u5145\u6ee1\u8c28\u614e\uff0c\u9886\u5148\u6295\u8d44\u7ecf\u7406\u7684\u9884\u671f\u5404\u5f02\u3002\u591a\u6570\u673a\u6784\u9884\u8ba1\u7f8e\u56fd\u5c06\u56e0\u6d88\u8d39\u652f\u51fa\u8d70\u5f31\u548c\u653f\u7b56\u6b63\u5e38\u5316\u800c\u653e\u7f13\u6216\u8f6f\u7740\u9646\u3002\u4f8b\u5982\uff0cWellington Management \u548c Russell Investments \u9884\u6d4b\uff0c\u53d7\u5b66\u751f\u503a\u52a1\u507f\u8fd8\u589e\u52a0\u548c\u80fd\u6e90\u8d26\u5355\u4e0a\u5347\u5f71\u54cd\uff0c\u6d88\u8d39\u652f\u51fa\u5c06\u4e0b\u964d\uff0c\u652f\u51fa\u91cd\u70b9\u4f1a\u8f6c\u5411\u5fc5\u9700\u54c1\u3002SSGA \u4ea6\u89c2\u5bdf\u5230\u5bb6\u5ead\u8d22\u52a1\u627f\u538b\u7684\u7c7b\u4f3c\u8ff9\u8c61\uff0c\u8ba4\u4e3a\u8d22\u653f\u653f\u7b56\u5bf9\u5bb6\u5ead\u7684\u6b63\u9762\u5f71\u54cd\u6b63\u5728\u6d88\u9000\u3002<\/p>\n

Allianz GI\u3001Amundi \u548c Fidelity International \u540c\u6837\u5c06\u6d88\u8d39\u653e\u7f13\u89c6\u4e3a\u5173\u952e\u56e0\u7d20\uff0c\u4f46\u9884\u671f\u5c06\u51fa\u73b0\u5168\u9762\u8870\u9000\u3002Allianz GI \u548c Amundi \u9884\u6d4b\uff0c\u7f8e\u56fd\u8870\u9000\u5c06\u4e8e 2023 \u5e74\u672b\u6216 2024 \u5e74\u4e0a\u534a\u5e74\u5f00\u59cb\u3002BlackRock \u4e5f\u503e\u5411\u4fdd\u5b88\uff0c\u89c2\u5bdf\u5230\u75ab\u60c5\u540e\u7684\u5c31\u4e1a\u590d\u82cf\u843d\u540e\u4e8e\u75ab\u60c5\u524d\u589e\u957f\u8d8b\u52bf\uff0c\u663e\u793a\u7ecf\u6d4e\u590d\u82cf\u6bd4\u8868\u9762\u770b\u6765\u66f4\u5f31\u3002<\/p>\n

\u4e0e\u6b64\u540c\u65f6\uff0cCapital Group \u63d0\u4f9b\u4e86\u7565\u6709\u4e0d\u540c\u7684\u89c6\u89d2\uff0c\u79f0\u7f8e\u56fd\u7ecf\u6d4e\u6b63\u7ecf\u5386\u8de8\u884c\u4e1a\u7684\u201c\u6eda\u52a8\u5f0f\u8870\u9000\u201d\uff1b\u5c3d\u7ba1\u901a\u80c0\u548c\u5229\u7387\u4e0a\u5347\uff0c\u8fd9\u53ef\u80fd\u5e2e\u52a9\u7f8e\u56fd\u5728 2024 \u5e74\u907f\u514d\u4f20\u7edf\u610f\u4e49\u4e0a\u7684\u8870\u9000\u3002KKR \u4e5f\u8f83\u4e50\u89c2\uff0c\u8ba4\u4e3a\u8d22\u653f\u652f\u51fa\u6bd4\u5e02\u573a\u5171\u8bc6\u6240\u60f3\u66f4\u5177\u97e7\u6027\uff0c\u4e58\u6570\u6548\u5e94\u4e5f\u66f4\u5927\u3002<\/p>\n

\u9664\u65e5\u672c\u5916\uff0c\u5176\u4ed6\u4e3b\u8981\u7ecf\u6d4e\u4f53\u7684\u589e\u957f\u524d\u666f\u5747\u66f4\u8d1f\u9762\u3002\u6295\u8d44\u7ecf\u7406\u8ba4\u4e3a\u82f1\u56fd\u5728\u901a\u80c0\u548c Brexit \u4f59\u6ce2\u4e0b\uff0c\u8870\u9000\u98ce\u9669\u6700\u5927\uff1b\u6b27\u6d32\u5927\u9646\u5219\u53d7\u4e2d\u56fd\u9700\u6c42\u75b2\u8f6f\u548c\u5168\u7403\u5236\u9020\u4e1a\u4e0b\u884c\u6240\u56f0\u3002\u5bf9\u4e2d\u56fd\u589e\u957f\u7684\u770b\u6cd5\u8c28\u614e\uff0c\u56e0\u5176\u7ecf\u6d4e\u6b63\u5904\u4e8e\u53bb\u6760\u6746\u3001\u623f\u5730\u4ea7\u56f0\u5883\u548c\u4eba\u53e3\u8001\u9f84\u5316\u7b49\u7ed3\u6784\u6027\u8f6c\u578b\u4e2d\u3002<\/p>\n

\u5bf9\u901a\u80c0\u7684\u4e24\u6781\u770b\u6cd5<\/h2>\n

2024 \u5e74\uff0c\u5404\u6295\u8d44\u7ecf\u7406\u5bf9\u901a\u80c0\u7684\u5c55\u671b\u5206\u4e3a\u4e24\u6d3e\uff1a\u4e00\u6d3e\u9884\u671f\u901a\u80c0\u987d\u56fa\uff0c\u53e6\u4e00\u6d3e\u9884\u671f\u901a\u80c0\u56de\u843d\u3002Allianz GI \u9884\u8ba1\u901a\u80c0\u5c06\u7ef4\u6301\u9ad8\u4f4d\uff0c\u5f52\u56e0\u4e8e\u80fd\u6e90\u4ef7\u683c\u51b2\u51fb\u3001\u5927\u89c4\u6a21\u8d27\u5e01\u5bbd\u677e\uff0c\u4ee5\u53ca\u53bb\u5168\u7403\u5316\u3001\u4eba\u53e3\u8001\u9f84\u5316\u548c\u53bb\u78b3\u5316\u7b49\u957f\u671f\u7ed3\u6784\u53d8\u5316\u3002T. Rowe Price \u4e5f\u8ba4\u4e3a\u901a\u80c0\u4e0a\u884c\u98ce\u9669\u8f83\u5927\uff0c\u5c24\u5176\u53d7\u80fd\u6e90\u4ef7\u683c\u3001\u4f9b\u7ed9\u7aef\u538b\u529b\u53ca\u7f8e\u56fd\u5de5\u8d44\u6301\u7eed\u660e\u663e\u4e0a\u6da8\u5f71\u54cd\u3002Fidelity International \u540c\u6837\u9884\u671f\u7f8e\u56fd\u901a\u80c0\u4ecd\u76f8\u5bf9\u9ad8\uff0c\u5728\u5927\u591a\u6570\u60c5\u666f\u4e0b\u7ea6\u4e3a 2.5%\uff0c\u5e76\u53ef\u80fd\u968f\u7ecf\u6d4e\u72b6\u51b5\u5347\u964d\u3002<\/p>\n

\u76f8\u53cd\uff0cInvesco \u9884\u671f\u5230 2024 \u5e74\u5e95\u901a\u80c0\u5c06\u4e0d\u5747\u8861\u4f46\u6301\u7eed\u56de\u843d\uff1b\u8fc7\u7a0b\u867d\u6709\u6ce2\u6298\uff0c\u6574\u4f53\u4ecd\u5728\u4e0b\u964d\u3002SSGA \u5f3a\u70c8\u652f\u6301\u901a\u80c0\u56de\u843d\u7684\u89c2\u70b9\uff0c\u9884\u8ba1\u4f9b\u5e94\u94fe\u6b63\u5e38\u5316\u548c\u9700\u6c42\u964d\u6e29\u5c06\u4ee4\u4ef7\u683c\u8d8b\u7f13\uff0c\u9664\u975e\u6cb9\u4ef7\u957f\u671f\u5f02\u5e38\u9ad8\u4f01\u3002Amundi \u4e5f\u9884\u8ba1\u968f\u7740\u9700\u6c42\u51b7\u5374\uff0c\u901a\u80c0\u5c06\u5411\u592e\u884c\u76ee\u6807\u6536\u655b\u3002<\/p>\n

\u201c\u66f4\u9ad8\u5229\u7387\u7ef4\u6301\u66f4\u4e45\u201d\u4e0d\u518d\u7262\u56fa<\/h2>\n

\u6240\u6709\u6295\u8d44\u7ecf\u7406\u5747\u540c\u610f\u7f8e\u8054\u50a8\u5df2\u5b8c\u6210\u52a0\u606f\uff0c\u4f46\u66f4\u591a\u673a\u6784\u9884\u8ba1\u5176\u5c06\u5728 2024 \u5e74\u4e0a\u534a\u5e74\u964d\u606f\u3002SSGA \u8ba4\u4e3a\uff0c\u7531\u4e8e\u4f4f\u623f\u901a\u80c0\u5c06\u663e\u8457\u653e\u7f13\uff0c\u7f8e\u8054\u50a8\u964d\u606f\u901f\u5ea6\u4f1a\u5feb\u4e8e\u5e02\u573a\u9884\u671f\u3002Franklin Templeton \u8ba4\u4e3a\u7f8e\u8054\u50a8\u5c06\u5728 2024 \u5e74\u7b2c\u4e8c\u5b63\u5ea6\u964d\u606f\uff0c\u56e0\u5176\u5386\u53f2\u4e0a\u5e73\u5747\u5728\u6700\u540e\u4e00\u6b21\u52a0\u606f\u540e 10 \u4e2a\u6708\u964d\u606f\u3002Wellington Management \u5bf9\u65f6\u70b9\u4e0d\u751a\u660e\u786e\uff0c\u4f46\u9884\u671f\u7f8e\u8054\u50a8\u4f1a\u53d7\u5e02\u573a\u9a71\u52a8\u3001\u8f83\u5e94\u6709\u65f6\u95f4\u66f4\u65e9\u964d\u606f\u3002Allianz GI\u3001T. Rowe Price\u3001Nuveen\u3001Fidelity International \u548c KKR \u4ecd\u5c5e\u201c\u66f4\u9ad8\u5229\u7387\u7ef4\u6301\u66f4\u4e45\u201d\u9635\u8425\u3002Fidelity International \u7684\u5185\u90e8\u5206\u6790\u5e08\u8c03\u67e5\u663e\u793a\uff0c\u52b3\u52a8\u529b\u6210\u672c\u538b\u529b\u4f9d\u7136\u5b58\u5728\uff0c\u80fd\u6e90\u8f6c\u578b\u5e26\u6765\u7684\u5546\u54c1\u4ef7\u683c\u4e0a\u884c\u538b\u529b\u4e5f\u5c06\u4ee4\u5229\u7387\u4fdd\u6301\u9ad8\u4f4d\u3002<\/p>\n

\u5728\u5176\u4ed6\u5730\u533a\uff0c\u6295\u8d44\u7ecf\u7406\u8ba4\u4e3a\u82f1\u56fd\u7ecf\u6d4e\u56f0\u96be\uff0c\u53ef\u80fd\u7387\u5148\u964d\u606f\uff1b\u800c\u6b27\u5143\u533a\u7684\u6b27\u6d32\u592e\u884c\u53ef\u80fd\u8f83\u7f8e\u8054\u50a8\u66f4\u665a\u964d\u606f\uff0c\u4ee5\u964d\u4f4e\u901a\u80c0\u6ce2\u52a8\u3002\u53e6\u4e00\u65b9\u9762\uff0c\u82e5\u901a\u80c0\u6301\u7eed\u53ca\u6625\u5b63\u5de5\u8d44\u8c08\u5224\u5b9e\u73b0\u8d85\u8fc7 3% \u7684\u6da8\u5e45\uff0c\u65e5\u672c\u53ef\u80fd\u6536\u7d27\u653f\u7b56\u3002\u6700\u540e\uff0c\u5728\u65b0\u5174\u5e02\u573a\uff0c\u591a\u6570\u673a\u6784\u9884\u8ba1\u5df4\u897f\u3001\u58a8\u897f\u54e5\u548c\u5c3c\u65e5\u5229\u4e9a\u7b49\u65e9\u671f\u5927\u5e45\u52a0\u606f\u4ee5\u63a7\u901a\u80c0\u7684\u56fd\u5bb6\u5c06\u653e\u677e\u8d27\u5e01\u653f\u7b56\uff0c\u4f46\u4e0d\u9884\u8ba1\u4e2d\u56fd\u4eba\u6c11\u94f6\u884c\u6539\u53d8\u5bbd\u677e\u653f\u7b56\u65b9\u5411\u3002<\/p>\n

\u53d1\u8fbe\u5e02\u573a\u80a1\u7968\uff1a2024 \u5e74\u7684\u68d8\u624b\u62bc\u6ce8<\/h2>\n

\u9664\u65e5\u672c\u5916\uff0c\u591a\u6570\u6295\u8d44\u7ecf\u7406 2024 \u5e74\u5bf9\u53d1\u8fbe\u5e02\u573a\u80a1\u7968\u6301\u4e2d\u6027\u6216\u4f4e\u914d\u3002Schroders \u548c SSGA \u5747\u8ba4\u4e3a\u65e5\u672c\u5e02\u573a\u5177\u5438\u5f15\u529b\uff0c\u7406\u7531\u662f\u901a\u80c0\u56de\u5347\u3001\u65e5\u5706\u8d2c\u503c\u7b49\u6b63\u9762\u5b8f\u89c2\u8d8b\u52bf\uff0c\u4ee5\u53ca\u76d1\u7ba1\u6539\u9769\u548c\u4f01\u4e1a\u7ba1\u6cbb\u6539\u5584\u7b49\u5fae\u89c2\u8d8b\u52bf\u3002Russell Investments \u8ba4\u540c\uff0c\u4f46\u7b49\u5f85\u53ef\u6301\u7eed\u7684\u4f01\u4e1a\u53d8\u9769\u3002\u5bf9\u7f8e\u56fd\u548c\u6b27\u6d32\uff0c\u201c\u4f18\u8d28\u201d\u662f\u53cd\u590d\u51fa\u73b0\u7684\u5173\u952e\u8bcd\uff0c\u56e0\u4e3a\u7ecf\u6d4e\u5468\u671f\u8f6c\u6298\u53ca\u9ad8\u5229\u7387\u5f71\u54cd\u7684\u4e0d\u786e\u5b9a\u6027\u6b63\u62d6\u7d2f\u7ecf\u6d4e\u3002\u7f8e\u56fd\u4f30\u503c\u6602\u8d35\u4e14\u5e02\u573a\u9ad8\u5ea6\u96c6\u4e2d\uff0c\u5bf9\u8bb8\u591a\u673a\u6784\u800c\u8a00\u662f\u68d8\u624b\u62bc\u6ce8\u3002\u9664\u4f18\u8d28\u80a1\u5916\uff0c\u673a\u6784\u8fd8\u5173\u6ce8\u4ef7\u503c\u80a1\u5e76\u4f18\u5148\u914d\u7f6e\u9632\u5fa1\u6027\u884c\u4e1a\u3002Allspring \u6307\u51fa\uff0c\u7f8e\u56fd\u4e2d\u5c0f\u76d8\u80a1\u76f8\u5bf9\u5927\u76d8\u80a1\u5177\u5438\u5f15\u529b\uff0c\u4e14\u968f\u7740\u7f8e\u56fd\u5468\u671f\u4e8e 2024 \u5e74\u540e\u671f\u91cd\u542f\uff0c\u8868\u73b0\u5e94\u4f1a\u826f\u597d\uff1bFidelity International \u5219\u8b66\u544a\u5c0f\u76d8\u80a1\u901a\u5e38\u5728\u4e0b\u884c\u5468\u671f\u627f\u538b\u3002Morgan Stanley IM \u662f\u5c11\u6570\u8d85\u914d\u7f8e\u56fd\u80a1\u7968\u7684\u673a\u6784\u4e4b\u4e00\uff0c\u4f46\u6781\u5177\u9009\u62e9\u6027\uff0c\u504f\u597d\u53d7\u76ca\u4e8e\u56de\u6d41\u5236\u9020\u7684\u5de5\u4e1a\u80a1\u3001\u4f9b\u5e94\u77ed\u7f3a\u7684\u57fa\u7840\u6750\u6599\u80a1\u53ca\u53d7\u51cf\u80a5\u836f\u9700\u6c42\u9884\u671f\u6253\u538b\u7684\u5fc5\u9700\u6d88\u8d39\u54c1\u80a1\u3002Morgan Stanley IM \u4e0e Russell Investments \u4e5f\u673a\u4f1a\u6027\u5730\u770b\u5230\u90e8\u5206 REIT \u548c\u4e0a\u5e02\u57fa\u7840\u8bbe\u65bd\u80a1\u7968\u7684\u663e\u8457\u76f8\u5bf9\u4ef7\u503c\u3002<\/p>\n

\u603b\u4f53\u800c\u8a00\uff0c\u673a\u6784\u5bf9\u6b27\u6d32\u80a1\u7968\u5174\u8da3\u4e0d\u5927\uff0c\u62c5\u5fc3\u65e7\u5927\u9646\u7684\u653e\u7f13\u901f\u5ea6\u3002T. Rowe Price \u548c SSGA \u6307\u51fa\uff0c\u673a\u4f1a\u53ef\u80fd\u53ea\u4f1a\u5728 2024 \u5e74\u540e\u671f\u51fa\u73b0\u3002\u5bf9\u82f1\u56fd\u7684\u770b\u6cd5\u5206\u6b67\u3002Schroders \u8ba4\u4e3a\u82f1\u56fd\u80a1\u7968\u4f30\u503c\u4f4e\uff0c\u4e14\u88ab\u9519\u8bef\u5730\u89c6\u4e3a\u4ec5\u9762\u5411\u82f1\u56fd\u5e02\u573a\uff0c\u5b9e\u9645\u4e0a\u591a\u4e3a\u5168\u7403\u6027\u4e1a\u52a1\uff1bFidelity International \u5219\u9884\u6d4b\u82f1\u56fd\u56e0\u80fd\u6e90\u548c\u91c7\u77ff\u884c\u4e1a\u655e\u53e3\u5927\u800c\u8dd1\u8f93\u3002<\/p>\n

\u53d1\u8fbe\u5e02\u573a\u56fa\u5b9a\u6536\u76ca\uff1a\u7f8e\u56fd\u56fd\u503a<\/h2>\n

\u603b\u4f53\u800c\u8a00\uff0c\u6295\u8d44\u7ecf\u7406\u770b\u597d 2024 \u5e74\u53d1\u8fbe\u5e02\u573a\u56fa\u5b9a\u6536\u76ca\uff0c\u5206\u6b67\u5728\u4e8e\u4e45\u671f\u548c\u5e02\u573a\u677f\u5757\u3002\u5728\u7f8e\u56fd\uff0c\u591a\u6570\u673a\u6784\u4f9d\u636e\u5bf9\u7f8e\u8054\u50a8\u653f\u7b56\u7684\u9884\u671f\u8d85\u914d\u7f8e\u56fd\u56fd\u503a\u3002SSGA \u4e50\u4e8e\u5ef6\u957f\u4e45\u671f\uff0cBlackRock \u548c Allianz GI \u5219\u504f\u597d\u6ce2\u52a8\u9884\u671f\u8f83\u4f4e\u7684\u77ed\u671f\u56fd\u503a\u3002\u5bf9\u7f8e\u56fd\u6295\u8d44\u7ea7\uff08IG\uff09\u548c\u9ad8\u6536\u76ca\uff08HY\uff09\u516c\u53f8\u503a\u7684\u770b\u6cd5\u8f83\u4e0d\u4e00\u81f4\uff0c\u591a\u6570\u673a\u6784\u8ba4\u4e3a\u5229\u5dee\u504f\u7a84\uff0c\u65e0\u6cd5\u8865\u507f\u7ecf\u6d4e\u4e0d\u786e\u5b9a\u6027\u73af\u5883\u3002SSGA \u6307\u51fa\uff0cIG \u5229\u5dee\u7565\u4f4e\u4e8e 20 \u5e74\u5e73\u5747\u503c\uff0c\u4f46\u57fa\u672c\u9762\u9884\u8ba1\u5c06\u8d70\u5f31\uff0c\u5b58\u5728\u77db\u76fe\u3002Fidelity International \u5219\u9006\u52bf\u8d85\u914d\u901a\u80c0\u6302\u94a9\u56fd\u503a\uff0c\u9884\u671f 2024 \u5e74\u4e0a\u534a\u5e74\u5c06\u51fa\u73b0\u901a\u80c0\u610f\u5916\u3002<\/p>\n

\u6b27\u6d32\u4e5f\u662f\u89c2\u70b9\u5206\u6b67\u7684\u9886\u57df\u3002Invesco \u9884\u671f\u6b27\u6d32 IG \u5c06\u56e0\u7ecf\u6d4e\u653e\u7f13\u52a0\u5267\u548c\u653f\u7b56\u5bbd\u677e\u800c\u8dd1\u8d62\uff1bAllianz GI \u548c SSGA \u5219\u56e0\u901a\u80c0\u62c5\u5fe7\u800c\u8c28\u614e\u3002\u4f8b\u5982\uff0cAllianz GI \u8ba4\u4e3a\u6b27\u5143\u533a\u786e\u5b9e\u51fa\u73b0\u5de5\u8d44\u2014\u4ef7\u683c\u87ba\u65cb\uff0c\u9884\u671f\u6838\u5fc3\u901a\u80c0\u4f1a\u6709\u610f\u5916\u3002<\/p>\n

\u9664\u4e2d\u56fd\u5916\u7684\u65b0\u5174\u5e02\u573a\u5177\u5438\u5f15\u529b<\/h2>\n

\u5bf9\u65b0\u5174\u5e02\u573a\u7684\u89c2\u70b9\u5206\u4e3a\u4e2d\u56fd\u4ee5\u5916\u548c\u4e2d\u56fd\u3002\u9664 Russell Investments\u3001SSGA \u548c Fidelity International \u5916\uff0c\u6240\u6709\u673a\u6784\u5747\u8d85\u914d\u4e2d\u56fd\u4ee5\u5916\u7684\u65b0\u5174\u5e02\u573a\u80a1\u7968\uff0c\u7406\u7531\u5305\u62ec\u6709\u5229\u5b8f\u89c2\u80cc\u666f\u3001\u7ed3\u6784\u6027\u548c\u5468\u671f\u6027\u589e\u957f\u6545\u4e8b\u3001\u4f30\u503c\u5438\u5f15\u529b\u53ca\u5206\u6563\u53d1\u8fbe\u5e02\u573a\u80a1\u7968\u98ce\u9669\u3002Matthews Asia \u6307\u51fa\uff0c\u8bb8\u591a\u4e3b\u8981\u65b0\u5174\u5e02\u573a\u56fd\u5bb6\u8d22\u653f\u72b6\u51b5\u5f3a\u52b2\uff0c\u53ef\u62b5\u6d88\u5168\u7403\u7ecf\u6d4e\u6d3b\u52a8\u653e\u7f13\u3002\u5370\u5ea6\u548c\u58a8\u897f\u54e5\u6b63\u6536\u83b7\u5148\u524d\u6539\u9769\u6210\u679c\uff1b\u8d8a\u5357\u3001\u9a6c\u6765\u897f\u4e9a\u3001\u5370\u5c3c\u3001\u5df4\u897f\u548c\u667a\u5229\u53ef\u80fd\u53d7\u76ca\u4e8e\u53cb\u5cb8\u5916\u5305\u3002Franklin Templeton \u6307\u51fa\uff0c\u968f\u7740\u79d1\u6280\u5468\u671f\u8f6c\u5411\uff0c\u53f0\u6e7e\u548c\u97e9\u56fd\u53ef\u4e8e 2024 \u5e74\u663e\u8457\u590d\u82cf\u3002SSGA \u5bf9\u5171\u8bc6\u770b\u6cd5\u6709\u6240\u62c5\u5fc3\uff0c\u56e0\u5386\u53f2\u4e0a\u65b0\u5174\u5e02\u573a\u80a1\u7968\u901a\u5e38\u5728\u5168\u7403\u589e\u957f\u548c\u8d38\u6613\u7a33\u5b9a\u81f3\u4e0a\u5347\u3001\u5168\u7403\u6d41\u52a8\u6027\u5145\u8db3\u53ca\u5546\u54c1\u4ef7\u683c\u7a33\u5b9a\u65f6\u8868\u73b0\u8f83\u4f73\u3002\u76f8\u53cd\uff0cSSGA \u8d85\u914d\u65b0\u5174\u5e02\u573a\u786c\u901a\u8d27\u56fa\u5b9a\u6536\u76ca\uff0c\u8ba4\u4e3a\u65b0\u5174\u5e02\u573a HY \u503a\u5238\u5177\u4ef7\u503c\uff0c\u9664\u975e\u7f8e\u56fd\u8870\u9000\uff0c\u5426\u5219\u5229\u5dee\u5c06\u8fdb\u4e00\u6b65\u6536\u7a84\u3002\u591a\u6570\u673a\u6784\u66f4\u8fdb\u4e00\u6b65\uff0c\u504f\u597d\u65b0\u5174\u5e02\u573a\u672c\u5e01\u4e3b\u6743\u503a\u3002Morgan Stanley IM \u5f15\u8ff0\u8bb8\u591a\u65b0\u5174\u5e02\u573a\u4f18\u4e8e\u53d1\u8fbe\u5e02\u573a\u7684\u8d27\u5e01\u653f\u7b56\uff0c\u5e76\u5f3a\u8c03\u5f53\u524d\u5b9e\u9645\u6536\u76ca\u7387\u9ad8\u3001\u901a\u80c0\u4e0b\u964d\u53ca\u7d27\u7f29\u5468\u671f\u7ed3\u675f\u6216\u5f00\u59cb\u8f6c\u5411\u5bbd\u677e\uff0c\u4e5f\u9884\u89c1\u6765\u5e74\u673a\u6784\u6295\u8d44\u8005\u5174\u8da3\u589e\u52a0\u5e26\u6765\u7684\u6280\u672f\u6027\u5229\u597d\u3002<\/p>\n

\u6709\u5173\u4e2d\u56fd\uff0c\u8bf7\u53c2\u9605\u4e0b\u65b9\u4e13\u7ae0\u3002<\/p>\n

\u5bf9\u4e2d\u56fd\u4ecd\u7136\u72b9\u8c6b<\/h2>\n

\u6295\u8d44\u7ecf\u7406\u5bf9\u4e2d\u56fd\u5b8f\u89c2\u7ecf\u6d4e\u6301\u8c28\u614e\u4e50\u89c2\u770b\u6cd5\uff0c\u65e2\u627f\u8ba4\u591a\u9879\u6311\u6218\uff0c\u4e5f\u6ce8\u610f\u5230\u6f5c\u5728\u589e\u957f\u9886\u57df\u3002BlackRock\u3001Russell Investments \u548c SSGA \u5f3a\u8c03\u503a\u52a1\u3001\u623f\u5730\u4ea7\u5e02\u573a\u4e0d\u7a33\u3001\u4eba\u53e3\u53d8\u5316\u548c\u5730\u7f18\u653f\u6cbb\u98ce\u9669\u7b49\u957f\u671f\u95ee\u9898\u3002Morgan Stanley IM \u89c2\u5bdf\u5230\uff0c\u4e2d\u56fd\u8fd1\u671f\u523a\u6fc0\u63aa\u65bd\u672a\u80fd\u6709\u6548\u91cd\u632f\u7ecf\u6d4e\u52a8\u80fd\uff0c\u5bfc\u81f4\u589e\u957f\u9884\u671f\u4f4e\u4e8e\u5171\u8bc6\u3002\u8fd9\u4e9b\u56e0\u7d20\u4ee4\u957f\u671f\u589e\u957f\u524d\u666f\u8499\u4e0a\u9634\u5f71\uff1bSSGA \u7279\u522b\u9884\u6d4b\uff0c\u5b9e\u9645 GDP \u589e\u957f\u5c06\u4ece 2023 \u5e74\u7ea6 5% \u653e\u7f13\u81f3\u968f\u540e\u6570\u5e74\u7684\u7ea6 3%\u3002Amundi \u4e5f\u9884\u8ba1\u4e2d\u56fd\u589e\u957f\u653e\u7f13\u81f3 3% \u81f3 3.5%\u3002\u4e0e\u8fd9\u79cd\u8f83\u60b2\u89c2\u5c55\u671b\u76f8\u6bd4\uff0cFranklin Templeton \u8868\u793a\u4e2d\u56fd\u53ef\u80fd\u5df2\u5ea6\u8fc7\u6700\u8270\u96be\u7684\u7ecf\u6d4e\u6311\u6218\uff0c\u663e\u793a\u66f4\u79ef\u6781\u8f6c\u5411\u3002Ninety One \u4e5f\u9884\u671f\u4e2d\u56fd\u4e2d\u671f\u7ed3\u679c\u8f83\u6e29\u548c\uff0c\u7ecf\u6d4e\u589e\u957f\u653e\u7f13\u4f46\u751f\u4ea7\u529b\u63d0\u5347\u5c06\u63d0\u4f9b\u652f\u6301\u3002Matthews Asia \u5c06\u4e2d\u56fd\u589e\u957f\u52a8\u529b\u62c6\u5206\u4e3a\u5236\u9020\u4e1a\u3001\u623f\u5730\u4ea7\u548c\u5185\u9700\uff0c\u5e76\u6307\u51fa\u5236\u9020\u4e1a\u589e\u957f\u53d6\u51b3\u4e8e\u5916\u90e8\u9700\u6c42\u548c\u8d38\u6613\u7b56\u7565\uff0c\u623f\u5730\u4ea7\u589e\u957f\u5219\u53d6\u51b3\u4e8e\u653f\u5e9c\u652f\u6301\uff1b\u4e0d\u8fc7\u5176\u8d28\u7591\u5927\u89c4\u6a21\u8d22\u653f\u5e72\u9884\u623f\u5730\u4ea7\u884c\u4e1a\u7684\u6709\u6548\u6027\uff0c\u5e76\u5efa\u8bae\u653f\u5e9c\u9f13\u52b1\u79c1\u8425\u90e8\u95e8\u7814\u53d1\u4ee5\u4f5c\u8865\u507f\u3002<\/p>\n

\u8f83\u770b\u597d\u4e2d\u56fd\u7684\u673a\u6784\u90fd\u5177\u9009\u62e9\u6027\uff0c\u5bf9\u884c\u4e1a\u9009\u62e9\u4e5f\u6709\u4e00\u5b9a\u5171\u8bc6\u3002Invesco\u3001Allianz GI \u548c SSGA \u770b\u597d\u4e2d\u56fd\u79d1\u6280\u53ca\u7eff\u8272\u7ecf\u6d4e\u884c\u4e1a\u3002Invesco \u5f3a\u8c03\u518d\u5168\u7403\u5316\u548c\u7eff\u8272\u5316\u7684\u91cd\u8981\u6027\uff0c\u504f\u597d\u6280\u672f\u80fd\u529b\u5f3a\u3001\u5177\u5168\u7403\u655e\u53e3\u7684\u516c\u53f8\uff0c\u5c24\u5176\u662f\u53c2\u4e0e\u5168\u9762\u7eff\u8272\u80fd\u6e90\u4f9b\u5e94\u94fe\u7684\u4f01\u4e1a\u3002\u8fd9\u4e0e Allianz GI \u5bf9\u4e2d\u56fd\u201c\u65b0\u7ecf\u6d4e\u201d\u7684\u4e50\u89c2\u770b\u6cd5\u4e00\u81f4\uff0c\u6db5\u76d6\u79d1\u6280\u3001\u91d1\u878d\u79d1\u6280\u3001\u91d1\u878d\u670d\u52a1\u3001\u5065\u5eb7\u79d1\u6280\u548c\u7eff\u8272\u7ecf\u6d4e\u3002SSGA \u540c\u6837\u770b\u5230\u653f\u5e9c\u653f\u7b56\u652f\u6301\u7684\u4e2d\u56fd\u7ed3\u6784\u6027\u589e\u957f\u9886\u57df\u673a\u4f1a\uff0c\u4f8b\u5982\u79d1\u6280\u81ea\u4e3b\u548c\u7535\u6c14\u5316\u3002Morgan Stanley IM \u5728\u6d88\u8d39\u8005\u76f8\u5173\u884c\u4e1a\u3001\u81ea\u52a8\u5316\u3001\u534a\u5bfc\u4f53\u3001\u7eff\u8272\u8f6c\u578b\u548c\u786c\u79d1\u6280\u9886\u57df\u53d1\u73b0\u673a\u4f1a\u3002Ninety One \u6307\u51fa\uff0c\u623f\u5730\u4ea7\u7b49\u884c\u4e1a\u53ef\u80fd\u53d7\u538b\uff0c\u4f46\u6570\u5b57\u5316\u3001\u533b\u7597\u6280\u672f\u548c\u90e8\u5206\u91d1\u878d\u673a\u6784\u5c06\u53d7\u76ca\u4e8e\u4eba\u53e3\u8001\u9f84\u5316\u548c\u56fd\u5bb6\u4e3b\u5bfc\u7684\u517b\u8001\u91d1\u6539\u9769\u3002<\/p>\n

\u6295\u8d44\u4e3b\u9898<\/h2>\n

\u80fd\u6e90\u8f6c\u578b<\/h3>\n

Schroders \u548c Wellington Management \u5747\u5f3a\u8c03\u80fd\u6e90\u8f6c\u578b\uff0c\u5c3d\u7ba1\u9762\u5bf9\u653f\u6cbb\u53cd\u5f39\u548c\u4f30\u503c\u504f\u9ad8\u7b49\u6311\u6218\u3002\u4ed6\u4eec\u7a81\u51fa\u53bb\u78b3\u5316\u7684\u538b\u5012\u6027\u7406\u7531\uff0c\u5e76\u6307\u51fa\u53ef\u518d\u751f\u80fd\u6e90\u6b63\u663e\u8457\u589e\u957f\uff0c\u5c24\u5176\u5728\u4e2d\u56fd\u3001\u7f8e\u56fd\u548c\u6b27\u76df\u3002\u8fd9\u4e00\u8f6c\u578b\u9884\u8ba1\u5c06\u5f71\u54cd\u6295\u8d44\u652f\u51fa\u3001\u901a\u80c0\u548c\u5229\u7387\uff0c\u7f8e\u56fd\u53ef\u80fd\u6210\u4e3a\u91cd\u8981\u77f3\u6cb9\u4f9b\u5e94\u56fd\u3002Allianz GI \u548c Amundi \u4e5f\u63d0\u53ca\u80fd\u6e90\u8f6c\u578b\uff1bAmundi \u91cd\u70b9\u5173\u6ce8\u5efa\u7b51\u53bb\u78b3\u5316\u548c\u53ef\u6301\u7eed\u519c\u4e1a\u7b49\u9886\u57df\u3002<\/p>\n

AI \u4e0e\u81ea\u52a8\u5316<\/h3>\n

Wellington Management \u6307\u51fa\uff0cAI \u8fdb\u6b65\u53ef\u901a\u8fc7\u63d0\u5347\u751f\u4ea7\u529b\u663e\u8457\u6539\u53d8\u5b8f\u89c2\u73af\u5883\uff0c\u5e76\u53ef\u80fd\u63d0\u9ad8\u957f\u671f\u5b9e\u9645\u5229\u7387\u3002Amundi \u548c BlackRock \u4e5f\u8ba4\u8bc6\u5230 AI \u7684\u5f71\u54cd\uff1bBlackRock \u5c06\u5176\u89c6\u4e3a\u63a8\u52a8\u5e02\u573a\u52a8\u6001\u7684\u66f4\u5927\u201c\u5de8\u529b\u201d\u4e4b\u4e00\u3002KKR \u5c06\u5de5\u4e1a\u81ea\u52a8\u5316\u53ca\u6570\u636e\uff0f\u6570\u5b57\u5316\u5217\u4e3a\u4e3b\u8981\u6295\u8d44\u4e3b\u9898\u3002Capital Group \u867d\u8ba4\u540c\u8be5\u4e3b\u9898\uff0c\u5374\u8b66\u793a\u5e94\u201c\u5c06\u7092\u4f5c\u4e0e\u73b0\u5b9e\u533a\u5206\u5f00\u6765\u201d\uff0c\u5e76\u805a\u7126\u7279\u5b9a\u884c\u4e1a\u4e2d AI \u9a71\u52a8\u7684\u5b9e\u9645\u521b\u65b0\u3002<\/p>\n

\u5b8f\u89c2\u4e3b\u9898<\/h3>\n

BlackRock \u548c KKR \u5747\u6307\u51fa\uff0c\u6295\u8d44\u7ec4\u5408\u987b\u9002\u5e94\u6570\u5b57\u98a0\u8986\u3001\u4eba\u53e3\u5206\u5316\u3001\u4f4e\u78b3\u8f6c\u578b\u3001\u5730\u7f18\u653f\u6cbb\u788e\u7247\u5316\u53ca\u91d1\u878d\u6f14\u53d8\u7b49\u7ed3\u6784\u6027\u529b\u91cf\u3002KKR \u8fdb\u4e00\u6b65\u63d0\u51fa\u4e9a\u6d32\u5185\u90e8\u4e92\u8054\u3001\u52b3\u52a8\u751f\u4ea7\u529b\u3001\u57fa\u7840\u8bbe\u65bd\u8d85\u7ea7\u5468\u671f\u53ca\u5168\u9762\u5b89\u5168\u7b49\u4e3b\u9898\u3002\u66f4\u805a\u7126\u7f8e\u56fd\u7684 Capital Group \u5f3a\u8c03\u518d\u5168\u7403\u5316\u63a8\u52a8\u7684\u6301\u7eed\u8d44\u672c\u5f00\u652f\u70ed\u6f6e\uff0c\u5e76\u8ba4\u4e3a\u7f8e\u56fd\u5236\u9020\u4e1a\u548c\u80fd\u6e90\u884c\u4e1a\u5c06\u53d7\u76ca\u4e8e\u7531\u6b64\u5e26\u6765\u7684\u589e\u957f\u3002<\/p>\n

\u9700\u8981\u5173\u6ce8\u7684\u98ce\u9669<\/h2>\n

\u5730\u7f18\u653f\u6cbb\u98ce\u9669<\/h3>\n

\u5730\u7f18\u653f\u6cbb\u98ce\u9669\u662f\u6bcf\u4f4d\u6295\u8d44\u7ecf\u7406\u5728 2024 \u5e74\u6700\u5173\u6ce8\u7684\u8bae\u9898\u3002BlackRock \u79f0\u4e4b\u4e3a\u53f2\u4e0a\u6700\u5927\u9009\u4e3e\u5e74\u3002Wellington Management \u5f3a\u8c03\u7f8e\u4e2d\u5173\u7cfb\u7d27\u5f20\u5347\u7ea7\u7684\u53ef\u80fd\u6027\uff0c\u5c24\u5176\u6d89\u53ca\u53f0\u6e7e\u548c\u7f8e\u56fd\u603b\u7edf\u9009\u4e3e\u3002\u9009\u4e3e\u4ea6\u63d0\u9ad8\u4fe1\u606f\u6218\u98ce\u9669\u3002Wellington Management \u8fd8\u63d0\u5230\u4fc4\u4e4c\u6218\u4e89\u5347\u7ea7\u7684\u53ef\u80fd\u6027\u53ca\u5168\u7403\u6050\u6016\u4e3b\u4e49\u98ce\u9669\uff0c\u5c24\u5176\u662f\u4e2d\u4e1c\u51b2\u7a81\u5347\u7ea7\u65f6\uff0c\u5305\u62ec\u9488\u5bf9\u7f8e\u56fd\u57fa\u7840\u8bbe\u65bd\u7684\u5927\u89c4\u6a21\u7f51\u7edc\u653b\u51fb\u5a01\u80c1\u3002<\/p>\n

\u7ecf\u6d4e\u548c\u653f\u7b56\u98ce\u9669<\/h3>\n

Invesco \u62c5\u5fc3\u5229\u7387\u653f\u7b56\u6ede\u540e\u53ef\u80fd\u4ee4\u7f8e\u56fd\u589e\u957f\u5f31\u4e8e\u9884\u671f\uff0c\u4ee5\u53ca\u901a\u80c0\u6301\u7eed\u8feb\u4f7f\u653f\u7b56\u5236\u5b9a\u8005\u5c06\u9ad8\u5229\u7387\u7ef4\u6301\u66f4\u4e45\u3002\u5bf9\u6b27\u76df\u800c\u8a00\uff0cAmundi \u6307\u51fa\u503a\u5238\u5e02\u573a\u788e\u7247\u5316\u53ca\u6b27\u6d32\u592e\u884c\u8fc7\u5ea6\u7d27\u7f29\u7b49\u98ce\u9669\u3002Fidelity International \u5f3a\u8c03\u4e2d\u56fd 2024 \u5e74\u589e\u957f\u75b2\u5f31\u53ca\u9009\u4e3e\u5e74\u5bf9\u7f8e\u56fd\u8d22\u653f\u653f\u7b56\u6784\u6210\u7684\u9650\u5236\u3002<\/p>\n

\u8de8\u9886\u57df\u98ce\u9669<\/h3>\n

Amundi \u8fd8\u63d0\u5230\u80fd\u6e90\u4ef7\u683c\u53ef\u80fd\u98d9\u5347\u53ca\u79c1\u52df\u5e02\u573a\u5d29\u76d8\u7b49\u8de8\u9886\u57df\u98ce\u9669\u3002Fidelity International \u548c Invesco \u7279\u522b\u62c5\u5fc3\u4fc4\u4e4c\u53ca\u4ee5\u54c8\u51b2\u7a81\u80cc\u666f\u4e0b\u7684\u6cb9\u4ef7\u51b2\u51fb\u3002\u6700\u540e\uff0cInvesco \u8865\u5145\u79f0\uff0c\u9274\u4e8e\u8d27\u5e01\u7d27\u7f29\uff0c\u4e0d\u80fd\u6392\u9664\u91d1\u878d\u4e8b\u6545\u3002<\/p>\n

\u6211\u4eec\u5e0c\u671b\u672c\u6458\u8981\u80fd\u8ba9\u60a8\u6df1\u5165\u4e86\u89e3\u4e3b\u8981\u673a\u6784\u6295\u8d44\u8005\u6700\u65b0\u7684\u6295\u8d44\u610f\u5411\uff0c\u5e76\u6709\u52a9\u4e8e\u60a8\u4eca\u5e74\u7684\u89c4\u5212\u3002Irostors \u662f\u9996\u4e2a\u901a\u8fc7 IR \u6570\u636e\u5e2e\u52a9 IRO \u548c CFO \u7b80\u5316\u6295\u8d44\u8005\u5b9a\u5411\u7684 SaaS \u5e73\u53f0\u3002\u6b22\u8fce\u8054\u7cfb\u6211\u4eec\u8ba8\u8bba\u89e3\u51b3\u65b9\u6848\u3002<\/p>","protected":false},"excerpt":{"rendered":"

In 2024, investment managers foresee a cautious economic landscape with potential for a US slowdown or “soft-landing,” influenced by weaker consumer spending and policy shifts. Inflation views are split, with some predicting persistent high rates and others anticipating a trend toward disinflation. The consensus leans towards Federal Reserve rate cuts in the first half of […]<\/p>\n","protected":false},"author":3,"featured_media":150,"template":"","class_list":["post-107","ss_article","type-ss_article","status-publish","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.irostors.com\/zh_CN\/wp-json\/wp\/v2\/ss_article\/107","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.irostors.com\/zh_CN\/wp-json\/wp\/v2\/ss_article"}],"about":[{"href":"https:\/\/www.irostors.com\/zh_CN\/wp-json\/wp\/v2\/types\/ss_article"}],"author":[{"embeddable":true,"href":"https:\/\/www.irostors.com\/zh_CN\/wp-json\/wp\/v2\/users\/3"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.irostors.com\/zh_CN\/wp-json\/wp\/v2\/media\/150"}],"wp:attachment":[{"href":"https:\/\/www.irostors.com\/zh_CN\/wp-json\/wp\/v2\/media?parent=107"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}