On September 11, the “2026 Financial Institutions Annual Meeting and Securities Industry Asset Management Forum” hosted by the Securities Times was held in Shenzhen. Jing Dianying, head of the investment management department of First Venture Securities Fund, said that the differentiated advantages of brokers' asset management are multi-asset investment capabilities, product creation flexibility and customization capabilities, and synergy with brokers' wealth lines. The combination of the three forms a competitive barrier. He believes that for brokerage asset management, multi-asset investment is not an option but a necessary option. There are two core reasons: first, the return on traditional fixed income assets continues to decline, but customer return expectations are still at a high level; second, the upgrading of clients' investment philosophy requires an overall asset allocation solution. The real threshold for multi-asset investment is the depth of understanding and ability to invest in various types of assets. The core of future industry competition is not whether to launch a multi-asset business, but rather how many segmentation strategies can be thoroughly understood and organically combined according to market changes.

On September 11, the “2026 Financial Institutions Annual Meeting and Securities Industry Asset Management Forum” hosted by the Securities Times was held in Shenzhen. Jing Dianying, head of the investment management department of First Venture Securities Fund, said that the differentiated advantages of brokers' asset management are multi-asset investment capabilities, product creation flexibility and customization capabilities, and synergy with brokers' wealth lines. The combination of the three forms a competitive barrier. He believes that for brokerage asset management, multi-asset investment is not an option but a necessary option. There are two core reasons: first, the return on traditional fixed income assets continues to decline, but customer return expectations are still at a high level; second, the upgrading of clients' investment philosophy requires an overall asset allocation solution. The real threshold for multi-asset investment is the depth of understanding and ability to invest in various types of assets. The core of future industry competition is not whether to launch a multi-asset business, but rather how many segmentation strategies can be thoroughly understood and organically combined according to market changes.