A huge increase of 1346.12%! FOF exploded in the first quarter

GoldenOctober2024

Golden Ten Data reported on May 6 that recently, FOF issuance has once again appeared “small hits”, including the previous two cases, and there have been three FOF “small hits” since April. In this, there are not only channel boosting factors, but also market recovery and other factors. In the first quarter, the number of newly issued FOF increased by 166.67% quarter-on-quarter, and the scale of fundraising increased by 1346.12% quarter-on-quarter. As of the end of the first quarter, the total scale of individual pension Y share funds exceeded the “10 billion” mark for the first time. Judging from what the reporter has learned recently, the personal pension business of individual financial institutions has operational defects in the handling process and information system, and there have been situations such as “no information about retirees can be queried, and retirees cannot withdraw the balance of personal pension accounts”. This means that the quality of work of relevant institutions needs to be improved when interacting with personal pension data.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments