With the full-year 2025 data for public funds now disclosed, the bond business, serving as a "ballast" for the stable operation of various institutions, has drawn significant attention to its scale changes and competitive landscape evolution. The latest bond fund size rankings for asset management companies reveal an industry characterized by "minor adjustments at the top, fierce competition in the middle tier, and smaller institutions seeking opportunities to break through," with notable divergence in asset growth and contraction.

The top three rankings for bond product assets have been reshuffled: E Fund ascends to the top with 419.28 billion yuan, while Bosera and GF witness asset shrinkage. Looking at the overall structure, the leading group for bond product assets remains stable, but the ranking order has seen a significant shuffle. Data shows that among the top 10 asset managers by bond fund size in 2025, E Fund, Bosera, and GF Securities Co.,Ltd. firmly held the top three positions, although their rankings shifted compared to 2024. E Fund claimed the top spot with bond assets of 419.28 billion yuan, an increase of 36.53 billion yuan from 2024, moving up two places to become one of the biggest winners in the bond business for the year; Bosera Fund ranked second with 402.687 billion yuan, but its bond assets decreased by 46.027 billion yuan year-on-year, causing its rank to fall from 1st in 2024 to 2nd; GF Securities Co.,Ltd.'s bond assets stood at 388.461 billion yuan, a slight decrease of 6.322 billion yuan compared to the previous year, resulting in a one-place drop to 3rd position. Data source: Wind. Statistical period: December 31, 2025, December 31, 2024. Unit: 100 million yuan. Note: The above data is sourced from Wind and fund Q4 2025 reports, with AI-assisted generation. Funds carry risks, investment requires caution!