全球化视野下中国QDII现状分析

The Presence of Chinese QDIIs in Global Perspective

本文研究了全球化视野下中国QDII的发展现状和特点。两年来,在产品类型上,我国QDII以股票型基金为主,且有相当部分集中于亚太和中国股票基金;在投资风格上,基金系QDII投资重仓港股且偏好金融业,银行系QDII投资投向以成熟市场为主,区域相对分散。2008年上半年,QDII整体业绩与全球同类基金持平,其中基金系QDII在全球同类排名有所分化。成立时间和投资区域是影响QDII整体业绩的两项关键因素。

This paper studies the features and presence of Chinese QOIIs in the global perspective, in the recent two years, Chinese domestic QDIIs are mainly of stock-type, and a majority of them focus on the Asian-Pacific and Chinese Stock Fund. From the investment style, QDIIs of funds system prefer Hong Kong stocks and financial industry. QDIIs of banks system mainly invest in developed market in relatively diverged areas. In the first half of 2008, the aggregate performance of Chinese QDIIs are similar to global funds of the same type, and the rankings of QDIIs of funds diverge to some extent. The operation time and investment area are two key factors that affect QDII＇ s aggregate performance.