全球央行降息

 

Q3全球金融市场重磅事件层出不穷。美联储在9月份降息，结束了最为猛烈的三年加息周期。中国央行随后跟进，并发布了一系列刺激股市和房市的政策。美联储宣布降息50个基点后，投资者的乐观情绪促使S&P500从季度初的8.5%跌幅中强势反弹。这次降息为股市提供了动力，推动S&P 500在一年内已经涨幅超过40%，达到历史新高。

 

另一方面，中国A股市场在9月末一系列政策措施的推动下，使得A股在9月末大幅上涨，展示出积极的趋势。中国的央行又宣布降息，以及一系列组合拳促进股市，同时，财政政策也在不断推进，化解地方债务。

 

港股受美股和A股强劲投资收益的影响，经过两年低迷期的港股市场也迅速反弹。

 

 

AQUMON 的投资组合第三季度创下佳绩

 

由于科学的资产配置模式，我们的美股ETF旗舰投资组合Smart Global Max 自成立以来一直维持亮眼的成绩，进取型投资组合（80%股票20%债券）年初至今、三年期的回报率和五年期的回报率分别为20.32%、6.07%和 9.30%。收到美联储降息影响，S&P 500在第三季度创下历史新高，而SmartGlobal Max第三季度回报率为7.09%，表现仍能优于市场1.56%，组合整体表现均实现了正向收益。如果我们观察SmartGlobal Max在过去7年的每年收益图，表示今年的表现明显异常，超出了平均值。

 

 

在中国市场上，主题组合「低估值潜力股」超越中证500指数，年初至今回报率为25.10%。在2024年第三季度，尽管中证500指数增长了16.19%，我们的投资组合却实现了24.01%增长，超越市场7.82%。

 

 

伴随着中港股市的反弹，我们的主题投资组合「大中华科技股」也实现了迅猛的反弹，年初至今获得了19.30%的好成绩。在2024年第三季度尽管恒生指数增长了19.27%，但我们「大中华科技股」表现更为喜人，增长了30.46%，大幅超越市场11.19%

 

 

 

2024 年Q4金融市场面临重大抉择

 

11月5日的美国大选结果，11月6日的Fed议息会议，都将深刻影响接下来的金融市场走势。特朗普和哈里斯的竞选接近尾声，美联储在11月6日是否会选择继续降息，是25bps还是更加保守，有待见证。这一系列的重磅事件增加美股的不确定性；

 

而中国的政策能否使股票市场情绪持续高涨也依然是未知因素，我们看到十月份有相当大的波幅，反映了市场的两级分化。但是政府的全面转向让我们看到政策的延续性，我们可以乐观的看到经济也会随之有所改善。

 

行业和地区方面，AI人工智能依然领跑，印度和日本股票市场随着A股复苏的虹吸效应有一些颓势，但随着美国的降息，对于精心挑选的主题投资组合来说，会有一定的受惠。

 

 

About us

AQUMON is a Hong Kong based award-winning financial technology company. Our mission is to leverage smart technology to make next-generation investment services affordable, transparent and accessible to both institutional clients and the general public. Through its proprietary algorithms and scalable, technical infrastructure, AQUMON’s automated platform empowers anyone to invest and maximize their returns. AQUMON has partnered with more than 100 financial institutions in Hong Kong and beyond, including AIA, CMB Wing Lung Bank, ChinaAMC, and Guangzhou Rural Commercial Bank. Hong Kong University of Science and Technology, the Alibaba Entrepreneurs Fund, affiliate of BOC International Holdings Limited, Zheng He Capital Management and Cyberport are among AQUMON's investors. 

 

The brand is held under Magnum Research Limited and is licensed with Type 1, 4 and 9 under the Securities and Futures Commission (SFC) of Hong Kong. AQUMON is also licensed by the U.S. Securities and Exchange Commission (SEC) and the Asset Management Association of China (AMAC).

 

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