logo
China's Active Stock Funds Beat Index Followers Amid Tech Rally

China's Active Stock Funds Beat Index Followers Amid Tech Rally

Bloomberg24-02-2025
China's actively managed equities funds have returned to the limelight, outperforming their index-tracking peers in a tech-driven rally.
Those under active management have constituted about 70% of the country's 50 best-performing equities-focused funds this year, data compiled by Bloomberg show. They have returned more than 30% since 2025 began, versus the 0.9% increase for the onshore benchmark CSI 300 Index and the 11% rise in the tech-heavy STAR50 gauge.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Africa's media moment: Turning disruption into opportunity
Africa's media moment: Turning disruption into opportunity

Business Insider

time27 minutes ago

  • Business Insider

Africa's media moment: Turning disruption into opportunity

As editors and media leaders across Africa, we come together at a pivotal moment for both our industry and our continent. Independent media has long served as a cornerstone of democracy and development. It holds power to account, informs citizens, amplifies underrepresented voices, and drives transparency — all while fostering investor confidence and enabling economic growth. Yet today, this essential institution is under growing pressure. Demographics are shifting, and so are audience expectations. Competition from non-traditional content producers is increasing. We are facing a new wave of misinformation. And as instantaneous content become the norm, traditional business models will become no longer fit for purpose. These challenges are not new. For over a decade, media houses across the continent have been working tirelessly to address them, exploring new ways of working, producing and connecting with our audience. But the pace of disruption has intensified. AI is expected to profoundly transform our sector once again. African media can no longer do without the investment in infrastructure, training and innovation in the technological advances that will shape the next decade of news. On June 8-10, we met in Zambia for the Africa Media Business Innovators 2025 organized by Bloomberg. News is a relentlessly fast industry, but this was a rare moment to catch our breath, take stock of these unprecedented challenges and share ideas on what needs to be done. What we heard was not a story of decline — it was one of opportunity. Those in attendance in Zambia shared how they have already started to experiment with new business models and uses for emerging technologies. We heard about the numerous assets already available on the continent: its youth, making Africa both the world's fastest growing media market and a critical producer of content and data globally; and its economic success, with African nations outperforming the rest of the world in GDP growth. And, importantly, we have heard how other sectors – including African fintech – have successfully navigated and overcome that may inspire African media leaders to find innovative solutions to strengthen and grow the industry. The case for investments in credible and independent media ecosystems that support journalists has never been stronger. But it is up to African media themselves to take ownership of their own narratives and showcase their potential to investors and partners. And here is how it can happen: • Invest in ideas. As paper distribution becomes less central, media organizations must reimagine themselves as platforms for discussions and partnerships — without compromising journalistic integrity. • Don't fear new technology: embrace it. Social media may have increased competition for attention, but it allowed us to diversify our audiences and get closer to our readers. With the right guardrails, AI, too, can become a powerful tool for journalism. Training our journalists on new technologies is essential. • Collaborate and share. Africa is a diverse continent, yet many of our challenges — including misperceptions — are shared. By sharing success stories and working collectively with regional and global partners, we can build a stronger, more connected media ecosystem. • Bolster business journalism. Set up young African writers for a career in business journalism by showing your support for what a financially literate press can do for the continent's economic future. A robust press contributes to good governance, exposes corruption, empowers communities, and helps unlock investment and inclusive economic opportunities for all. We believe in the power of journalism to shape Africa's future — but we cannot do it alone. It will take a collective effort from readers, policymakers, investors, and practitioners to protect, strengthen, and invest in our democracies and economies, which so critically need strong and independent media. Signed, Sipho Kings, Co-founder and Publisher, The Continent

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store