As the market closed in February, the performance of Sunshine Private Equity Funds over the first two months gradually came to light. According to an exclusive observation by the Securities Daily Fund Weekly, there was a major turning point in the competition between different private equity factions. The relatively unknown "nameless faction" of private equity funds, with an average return rate of 5.97%, overall outperformed the "grassroots faction" which is full of seasoned experts, firmly securing the top profit-making position among Sunshine Private Equity Funds since the beginning of the year. From the perspective of individual private equity fund products, the top 10 Sunshine Private Equities from last year have all collectively "stepped down" this year, with some dropping rapidly to beyond the thousandth place. Only four non-structured products managed to rank in the top one-third of their category during the same period.
"A hero doesn't need to be asked about his origin; the unclear background of the 'nameless faction' has surpassed the four major factions, and nearly 30% of its peer products have outperformed the market, making it the most profitable faction in the private equity world. This also indicates that in this rebound since the beginning of the year, the decisive factor for private equity funds isn't their factional style characteristics, but rather whether they can maintain their positions," analyzed a private equity fund analyst in Beijing to the Securities Daily Fund Weekly reporter. Private equity funds that maintained their positions and made fewer changes in sector allocation ultimately reaped excess returns after a long period of persistence.
The average return rate for private equity funds was 3.61%. Leng Zaiqing's strategy this year wasn't as "cold" as before.