Caitong Fund manager Kuang Heng: "Fixed income +" enters a period of development, and the allocation of inclusive asset is expected to continue to rise

At the investment strategy conference of Caitong Fund in 2026, Kuang Heng, fund manager of the fixed-income public offering investment department of Caitong Fund, stated that against the background of continued downward trend of broad interest rates, the risk-return ratio of traditional pure bond assets has significantly converged, and investors' demand for increasing income elasticity is constantly increasing. "Fixed income +" products are ushering in new development opportunities. Kuang Heng pointed out that in the low interest rate era, single assets are difficult to meet long-term return goals, and the proportion of options assets in the portfolio is expected to trend upwards. From historical data, there is still room for improvement in the proportion of options bonds in the size of base funds, and the future changes in the size of different segmented products will depend more on whether the options hub is clear and whether the strategy positioning is stable and sustainable.