[Multi-asset allocation opens up new space This year, the new FOF issuance scale is nearly 150 billion yuan] October 13th, FOF is ushering in an unprecedented expansion cycle. During the year, more than 150 new FOF products were established, with a fundraising scale of nearly 150 billion yuan, and the number of products and issuance scale both set new annual records. Judging from the latest trends in the industry, there are currently more than 30 FOFs currently being issued or about to be issued, and 12 FOFs were issued intensively on October 12 alone. From the perspective of institutional orientation, FOF has also received dividends from institutional development. The threshold for establishment of FOF may be reduced from 200 million yuan to 50 million yuan, and it is also allowed to invest in ETF feeder funds to better exert its asset allocation function.