Reform of public offering fund fees deepens multifaceted efforts to welcome the "second half"

The reform of fund fees in the public offering industry has been implemented for more than two years, and industry reform continues to deepen. In the first half of this year, the management scale of public offering funds surpassed 34 trillion yuan, and management fee income increased slightly by 1.98% year-on-year, but transaction commission expenses decreased significantly by over 35% year-on-year. Industry insiders believe that the public offering industry is moving towards high-quality development, and fund companies and fund distribution agencies are facing industry ecosystem restructuring. Reducing costs, increasing efficiency, and transforming from the buyer's perspective have become necessary options. How to implement multi-dimensional efforts to adapt to the "second half" of the fee rate reform is currently an important topic.