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\u5728\u5168\u7403\u91d1\u878d\u5e02\u5834\u52d5\u76ea\u52a0\u5287\u7684\u80cc\u666f\u4e0b\uff0c\u9ec3\u91d1\u50f9\u683c\u9031\u4e00\u518d\u5ea6\u5237\u65b0\u6b77\u53f2\u7d00\u9304\uff0c\u7a81\u7834\u6bcf\u76ce\u53f83400\u7f8e\u5143\u95dc\u53e3\u3002\u5206\u6790\u5e2b\u6307\u51fa\uff0c\u6295\u8cc7\u8005\u5c0d\u7f8e\u570b\u8ca1\u653f\u8d64\u5b57\u64f4\u5927\u3001\u7f8e\u5143\u8d70\u8edf\u53ca\u5730\u7de3\u653f\u7b56\u4e0d\u78ba\u5b9a\u6027\u7684\u64d4\u6182\uff0c\u6b63\u63a8\u52d5\u8cc7\u91d1\u52a0\u901f\u64a4\u96e2\u7f8e\u570b\u5e02\u5834\uff0c\u9ec3\u91d1\u4f5c\u70ba\u907f\u96aa\u8cc7\u7522\u7684\u9700\u6c42\u6301\u7e8c\u5347\u6eab\u3002<\/p>\n

\u9ec3\u91d1\u201c\u725b\u5e02\u201d\u672a\u898b\u9802<\/h2>\n

Veritas Investment Research\u80a1\u7968\u7814\u7a76\u5206\u6790\u5e2bMartin Pradier\u8868\u793a\uff0c\u9ec3\u91d1\u6f32\u52e2\u4ecd\u975e\u5e38\u5f37\u52c1\u3002\u4ed6\u8a8d\u70ba\uff0c\u8fd1\u671f\u6563\u6236\u8207\u6a5f\u69cb\u6295\u8cc7\u8005\u5c0d\u9ec3\u91d1\u7684\u8ffd\u6367\uff0c\u8207\u7f8e\u570b\u8ca1\u653f\u8d64\u5b57\u60e1\u5316\u3001\u7f8e\u5143\u75b2\u8edf\u53ca\u591a\u570b\u592e\u884c\u589e\u6301\u9ec3\u91d1\u7684\u8da8\u52e2\u5bc6\u5207\u76f8\u95dc\u3002\u82e5\u7f8e\u570b\u8ca1\u653f\u554f\u984c\u6301\u7e8c\uff0c\u4e14\u8207\u5176\u4ed6\u570b\u5bb6\u7684\u6469\u64e6\u52a0\u5287\uff0c\u592e\u884c\u8cfc\u91d1\u6f6e\u5c07\u5ef6\u7e8c\uff0c\u9032\u4e00\u6b65\u63a8\u9ad8\u91d1\u50f9\u3002<\/p>\n

Purpose Investments\u5275\u59cb\u4eba\u517c\u9996\u5e2d\u57f7\u884c\u5b98Som Seif\u6307\u51fa\uff0c\u5728\u7576\u524d\u7f8e\u570b\u7e3d\u7d71\u7279\u6717\u666e\u653f\u7b56\u53cd\u5fa9\u7684\u6df7\u4e82\u74b0\u5883\u4e0b\uff0c\u9ec3\u91d1\u56e0\u70ba\u662f\u201c\u52d5\u76ea\u646f\u53cb\u201d\u800c\u6301\u7e8c\u8d70\u5f37\u3002\u4ed6\u5f37\u8abf\uff0c\u5118\u7ba1\u592e\u884c\u8cfc\u91d1\u662f\u904e\u53bb\u4e00\u5e74\u91d1\u50f9\u4e0a\u6f32\u7684\u4e3b\u56e0\uff0c\u4f46\u5982\u4eca\u66f4\u5ee3\u6cdb\u7684\u6a5f\u69cb\u8207\u500b\u4eba\u6295\u8cc7\u8005\u6b63\u52a0\u5165\u9019\u4e00\u884c\u5217\u3002\u96a8\u8457\u8d8a\u4f86\u8d8a\u591a\u7684\u6295\u8cc7\u8005\u5c0b\u6c42\u7f8e\u5143\u4ee5\u5916\u7684\u66ff\u4ee3\u8cc7\u7522\uff0c\u9ec3\u91d1\u548c\u5176\u4ed6\u975e\u6cd5\u5b9a\u8ca8\u5e63\u8cc7\u7522\u5438\u5f15\u4e86\u66f4\u591a\u7684\u8cc7\u91d1\u6d41\u5165\u3002<\/p>\n

\u4ed6\u8aaa\uff0c\u5982\u679c\u5916\u570b\u653f\u5e9c\uff0c\u5c24\u5176\u662f\u4e2d\u570b\u548c\u65e5\u672c\u9019\u5169\u500b\u6700\u5927\u7684\u7f8e\u570b\u570b\u50b5\u6301\u6709\u8005\u4e0d\u76f8\u4fe1\u7f8e\u570b\uff0c\u4ed6\u5011\u5c07\u7f8e\u50b5\u8f49\u63db\u70ba\u9ec3\u91d1\u7684\u201c\u7a7a\u9593\u5f88\u5927\u201d\u3002\u9019\u4e00\u74b0\u5883\u4e0b\uff0c\u96d6\u7136\u96e3\u4ee5\u9810\u6e2c\u5177\u9ad4\u7684\u50f9\u683c\u9ede\u4f4d\uff0c\u4f46\u672a\u4f86\u5e7e\u500b\u6708\u9ec3\u91d1\u7e7c\u7e8c\u4e0a\u6f32\u662f\u5927\u6982\u7387\u4e8b\u4ef6\u3002<\/p>\n

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\u66f4\u4ee4\u5e02\u5834\u4e0d\u5b89\u7684\u662f\uff0c\u50b3\u7d71\u907f\u96aa\u8cc7\u7522\u2014\u2014\u7f8e\u5143\u8207\u7f8e\u570b\u570b\u50b5\u50f9\u683c\u7f55\u898b\u540c\u6b65\u4e0b\u8dcc\uff0c10\u5e74\u671f\u7f8e\u50b5\u6536\u76ca\u7387\u98c6\u5347\u81f34.40%\uff0c\u7f8e\u5143\u5c0d\u6b50\u5143\u3001\u65e5\u5143\u7b49\u4e3b\u8981\u8ca8\u5e63\u532f\u7387\u4ea6\u540c\u6b65\u8d70\u4f4e\u3002\u5206\u6790\u5e2b\u8a8d\u70ba\uff0c\u9019\u53cd\u6620\u51fa\u6295\u8cc7\u8005\u5c0d\u7279\u6717\u666e\u8cbf\u6613\u653f\u7b56\u53ca\u5e72\u9810\u7f8e\u806f\u5132\u7368\u7acb\u6027\u7684\u64d4\u6182\u6b63\u52d5\u6416\u7f8e\u570b\u8cc7\u7522\u7684\u201c\u5b89\u5168\u5821\u58d8\u201d\u5730\u4f4d\u3002<\/p>\n

Macquarie\u7b56\u7565\u5e2bThierry Wizman\u6307\u51fa\uff0c\u7279\u6717\u666e\u8fd1\u671f\u5c0d\u65e5\u672c\u7b49\u570b\u7684\u5f37\u786c\u8cbf\u6613\u8868\u614b\u53ef\u80fd\u52a0\u5287\u7d93\u6fdf\u8870\u9000\u98a8\u96aa\u3002\u800c\u7279\u6717\u666e\u5728\u793e\u4ea4\u5a92\u9ad4\u4e0a\u5ba3\u7a31\u201c\u638c\u63e1\u9ec3\u91d1\u8005\u5236\u5b9a\u898f\u5247\u201d\uff0c\u4e26\u62a8\u64ca\u201c\u53cd\u5c0d\u95dc\u7a05\u7684\u5546\u4eba\u4e0d\u61c2\u653f\u6cbb\u201d\uff0c\u9032\u4e00\u6b65\u52a0\u5287\u5e02\u5834\u7126\u616e\u3002\u8207\u6b64\u540c\u6642\uff0c\u4e2d\u570b\u5546\u52d9\u90e8\u8b66\u544a\u4ed6\u570b\u52ff\u201c\u4ee5\u640d\u5bb3\u4e2d\u570b\u5229\u76ca\u70ba\u524d\u63d0\u201d\u8207\u7f8e\u570b\u9054\u6210\u8cbf\u6613\u5354\u8b70\uff0c\u5730\u7de3\u7dca\u5f35\u5c40\u52e2\u5347\u6eab\u3002\u7f8e\u806f\u5132\u4e3b\u5e2d\u9b91\u5a01\u723e\u56e0\u672a\u66f4\u5feb\u964d\u606f\u5c62\u906d\u7279\u6717\u666e\u6279\u8a55\uff0c\u5e02\u5834\u64d4\u6182\u7e3d\u7d71\u82e5\u57f7\u610f\u64a4\u63db\u9b91\u5a01\u723e\uff0c\u6050\u56b4\u91cd\u524a\u5f31\u7f8e\u806f\u5132\u7368\u7acb\u6027\uff0c\u640d\u5bb3\u7f8e\u5143\u4fe1\u8b7d\u3002<\/p>\n

\u8c9d\u840a\u5fb7\u667a\u5eab\uff08BlackRock Investment Institute\uff09\u7684\u7b56\u7565\u5e2b\u5718\u968a\u6307\u51fa\uff0c\u7576\u524d\u5e02\u5834\u5df2\u7121\u6cd5\u4f9d\u8cf4\u50b3\u7d71\u6a21\u578b\u9810\u5224\u8da8\u52e2\uff0c\u6230\u8853\u8207\u6230\u7565\u8cc7\u7522\u914d\u7f6e\u754c\u9650\u6a21\u7cca\uff0c\u9700\u52d5\u614b\u8a55\u4f30\u5168\u7403\u9ad4\u7cfb\u6f14\u8b8a\u3002\u9019\u4e00\u4e0d\u78ba\u5b9a\u6027\u6b63\u4fc3\u4f7f\u570b\u969b\u6295\u8cc7\u8005\u6e1b\u5c11\u5c0d\u7f8e\u570b\u5e02\u5834\u7684\u4f9d\u8cf4\uff0c\u8f49\u800c\u589e\u6301\u672c\u571f\u8cc7\u7522\u6216\u9ec3\u91d1\u7b49\u66ff\u4ee3\u54c1\u3002<\/p>\n

\u5206\u6790\u4eba\u58eb\u9810\u8a08\uff0c\u5728\u653f\u7b56\u98a8\u96aa\u8207\u8cc7\u91d1\u5916\u6d41\u58d3\u529b\u4e0b\uff0c\u9ec3\u91d1\u7684\u907f\u96aa\u5c6c\u6027\u6216\u5c07\u7e7c\u7e8c\u5438\u5f15\u5168\u7403\u8cc7\u672c\uff0c\u800c\u7f8e\u570b\u5e02\u5834\u80fd\u5426\u91cd\u7372\u4fe1\u4efb\uff0c\u5c07\u53d6\u6c7a\u65bc\u5176\u80fd\u5426\u7a69\u5b9a\u653f\u7b56\u9810\u671f\u4e26\u4fee\u5fa9\u6295\u8cc7\u8005\u4fe1\u5fc3\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"

\u5728\u5168\u7403\u91d1\u878d\u5e02\u5834\u52d5\u76ea\u52a0\u5287\u7684\u80cc\u666f\u4e0b\uff0c\u9ec3\u91d1\u50f9\u683c\u9031\u4e00\u518d\u5ea6\u5237\u65b0\u6b77\u53f2\u7d00\u9304\uff0c\u7a81\u7834\u6bcf\u76ce\u53f83400\u7f8e\u5143\u95dc\u53e3\u3002\u5206\u6790\u5e2b\u6307\u51fa\uff0c\u6295\u8cc7\u8005\u5c0d […]<\/p>\n","protected":false},"author":27,"featured_media":568583,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1522,431,2197],"tags":[2132,2135,2162,561],"class_list":["post-572250","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-1522","category-trends-strategies-zh-hant","category-2197","tag-2132","tag-2135","tag-2162","tag-561","sectors-gold-zh-hant","locations-us-zh-hant"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/572250","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/comments?post=572250"}],"version-history":[{"count":3,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/572250\/revisions"}],"predecessor-version":[{"id":572253,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/572250\/revisions\/572253"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media\/568583"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media?parent=572250"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/categories?post=572250"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/tags?post=572250"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}