Magic square quantitative response to abandon hedging, industry statement: do not follow

On October 20th, after abandoning hedging products, how to implement the next product strategy, Magic Square Quantitative responded: "The scale of our hedging products is very small, and (in the future) we are ready to focus on quantitative long investment". According to public information, the scale of some of the company's hedging series products has dropped to less than 10 million yuan. Many quantitative institution managers said that it is impossible to see that abandoning the hedging strategy is the overall trend of the industry. One of the 10 billion private equity market heads said, "For managers, it is better to enrich the product line and let customers choose products according to their own risk appetite.".