The wave of resident asset reallocation surges: public funds diligently hone "Fixed Income+" strategies to unlock profits

People’s Financial News, March 26 — In 2026, a large-scale wave of fixed-term deposit maturities is approaching. According to industry estimates, hundreds of trillions of yuan in fixed-term deposits will mature. The current wealth management environment has undergone fundamental changes. Against the backdrop of declining interest rates, the attractiveness of traditional deposit products has decreased, and residents’ motivation to seek higher-yield assets for allocation has significantly increased. On the institutional side, how to embrace the “wealth and prosperity” has become a key focus for various asset management institutions. Reports indicate that since the beginning of this year, many public funds have focused on “Fixed Income Plus” as a main development direction, especially low- to medium-volatility “Fixed Income Plus,” aiming to capture the benefits of deposit migration. To increase returns and reduce volatility, the “Fixed Income Plus” strategy has evolved into multiple versions, from traditional stock-bond combinations to include multi-asset, quantitative, arbitrage, and other diversified strategies, as well as “line-drawing” products that strictly control drawdowns based on product positioning. (China Securities Journal)