Tens of billions of funds collapsed, why did investors dreams come to naught?

Mondo Finance Updated on 2024-02-20

In the past two years, the number of tens of billions of active rights and interests in the market has decreased sharply, from 88 to 31, a drop of 6477%。Behind it is the painful reality of investor losses. Some investors cleared their positions "with tears" and lost tens of thousands of yuan; Some have direct losses of up to 380,000 yuan. In this case, how did the investor's dream come to naught so quietly?

Let's talk about the data first, according to the first financial statistics, there are only 31 tens of billions of active rights and interests left in the market, and the performance of these ** is generally poor, more than 97% of the products have achieved performance losses, and the cumulative returns of 30 products have fallen by more than 50%. This means that if you had casually invested in a $10 billion** two years ago, you would almost certainly be losing money by now.

Talking about investors, their stories are embarrassing. Some people made money when they first invested in **, but later lost thousands of dollars, and they were reluctant to sell, and the more they lost, the more they lost. Others have directly lost hundreds of thousands of yuan, and if they don't buy **, they may repay the mortgage first. These stories all reflect the cruel reality of the investment market and the helplessness of investors.

Faced with such a situation, many investors chose to "cut their meat and leave the table". And this can also be seen from the change in the scale data of the first product. In just two years, the equity products of 10 billion yuan have been reduced by nearly two-thirds, and the upper limit of the scale has also dropped from more than 70 billion yuan to more than 40 billion yuan, and the former + billion yuan products have disappeared.

What are the root causes of poor performance? On the one hand, the volatility of the market increases, and on the other hand, it may also be related to the management of **. Many investors are attracted by the high returns of the past and ignore the risks of investing. When the market environment changes, those once high-yield products can no longer maintain their performance, and investors' losses become inevitable.

It is worth mentioning that most of these tens of billions of dollars or "brilliant" scale are helmed by well-known managers in the industry. They used to be the "stars" in the hearts of investors, but now they are facing the embarrassing situation of declining product performance. This also disappointed investors, who, after all, had high expectations for these "star" managers. The past approach to scale expansion and a culture of blockbuster style does not seem to be sustainable now.

The shrinkage of these tens of billions of ** is not only a change in numbers, but also a big test of investor confidence. It is hoped that all investors can learn from this and face investment with a more rational attitude. At the same time, it is also hoped that the industry can carry out necessary self-reflection and adjustment, and needs to pay more attention to the actual income and investment experience of investors, not just the expansion of scale, and needs to truly start from the interests of investors to provide them with more stable and reliable investment products.

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