每經AI快訊， 近期(qi)(qi)，量(liang)化(hua)(hua)中(zhong)(zhong)性(xing)(xing)策略(lve)(lve)對(dui)(dui)沖(chong)成(cheng)(cheng)本下降，引發市(shi)場(chang)關(guan)注。Choice數據顯(xian)示，上周滬深300股指期(qi)(qi)貨主力合約罕(han)見(jian)(jian)出現(xian)升(sheng)(sheng)(sheng)水(shui)，中(zhong)(zhong)證500股指期(qi)(qi)貨主力合約10月以來(lai)(lai)也頻(pin)繁出現(xian)升(sheng)(sheng)(sheng)水(shui)。據悉，由于(yu)股指期(qi)(qi)貨長期(qi)(qi)貼水(shui)，量(liang)化(hua)(hua)中(zhong)(zhong)性(xing)(xing)策略(lve)(lve)成(cheng)(cheng)本高企，去(qu)年業績表(biao)現(xian)不佳。此(ci)次兩大股指期(qi)(qi)貨罕(han)見(jian)(jian)升(sheng)(sheng)(sheng)水(shui)，意(yi)味著該(gai)策略(lve)(lve)對(dui)(dui)沖(chong)成(cheng)(cheng)本將下降，有望直接增厚收益率，因此(ci)部分量(liang)化(hua)(hua)私募已(yi)打(da)開中(zhong)(zhong)性(xing)(xing)策略(lve)(lve)基金申購，并推(tui)進相關(guan)新(xin)產(chan)品的(de)發行。業內人士表(biao)示，短(duan)期(qi)(qi)來(lai)(lai)看，量(liang)化(hua)(hua)中(zhong)(zhong)性(xing)(xing)策略(lve)(lve)迎來(lai)(lai)了較為有利的(de)市(shi)場(chang)環境(jing)。對(dui)(dui)于(yu)投(tou)資人而言，看到短(duan)期(qi)(qi)利好(hao)的(de)同時，還須關(guan)注中(zhong)(zhong)性(xing)(xing)策略(lve)(lve)的(de)中(zhong)(zhong)長期(qi)(qi)配置價值(zhi)，結合自身風(feng)險偏好(hao)作出決定。（上海證券報）