Diversified asset allocation opens new space: FOF new issuance scale approaches 150 billion yuan so far this year.

FOF is ushering in an unprecedented expansion cycle. More than 150 new FOF products have been established during the year, raising nearly 150 billion yuan, with both the number of products and the scale of issuance setting new annual records. According to the latest trends in the industry, more than 30 FOFs are currently being or about to be issued, with 12 FOFs issued in a concentrated manner on October 12 alone. From the perspective of regulatory guidance, FOFs are also benefiting from institutional development dividends. The establishment threshold for FOFs may be lowered from 200 million yuan to 50 million yuan, and they will also be allowed to invest in ETF feeder funds, better leveraging their asset allocation function.