Talent flow accelerated and fund managers of more than 1000 public offering products changed during the year
2022-08-26
There were also changes in the fund managers of several fund companies. On August 25, eight fund products of Changsheng fund, Tongtai fund and other fund companies announced the change of fund managers. On the 24th, 11 products of Huaxia Fund announced the change of fund manager on the same day. At the same time, YONGYING fund and several products of ICBC Credit Suisse fund have also issued announcements of hiring additional fund managers. Since the beginning of this year, changes in fund managers have not been rare. According to wind data, as of August 25, fund managers of more than 1300 products have changed this year, involving 117 fund companies. From the monthly situation, the number of fund products with changes in fund managers in July and August was at a high level in the year, reaching 236 and 194 respectively. In April, the number of fund products whose fund managers changed was the least, only 89. However, on the whole, the change of fund managers in the whole year is relatively balanced. From the perspective of fund companies, wind data shows that since the beginning of the year, 102 fund companies and fund managers of asset management institutions have left their posts, with a total of 194 leaving their posts. Among them, more than 3 fund managers of 25 fund companies have left their posts this year, and 7, 5, 5 and 5 fund managers of Boshi fund, Anxin fund, Harvest Fund and Agricultural Bank of China Huili fund have left their posts, ranking among the top of all fund companies. Since the beginning of the year, many well-known fund managers who had previously managed a large scale have chosen to leave, including Zhou Yingbo of China Europe Fund, Dong Chengfei of Xingzheng Global Fund and Zhao Yi of Agricultural Bank of China. Among them, Zhou Yingbo's pre resignation management scale reached 57.159 billion yuan, Dong Chengfei's pre resignation management scale reached 52.244 billion yuan, and Zhao Yi's pre resignation management scale reached 36.344 billion yuan. In addition, many well-known fund managers such as Xiao Xiao of Baoying fund, Yang Fei of Cathay Pacific Fund, Ge Chen of Boshi fund, Cui Ying of Hua'an fund, and Lin Sen of e-fund left. Many fund managers have chosen the private placement industry after leaving their posts, and the enthusiasm of "going public to private" has become prominent. Insiders said that in the years with large market fluctuations, the number of fund managers leaving their posts is often large. According to the data of Cinda securities research and development center, from the historical stage of the fund manager turnover tide, the peak number of equity fund managers' turnover mainly occurred in the second quarter of 2015, the third quarter of 2021, the first quarter of 2022 and the third quarter of 2015. The number of fund managers who resigned was 85, 55, 45 and 45 respectively, which corresponded to wind's all-a quarterly earnings of 22.46%, - 10.04%, - 32.92% and - 13.92% respectively. China Merchants Securities Research Institute said that the general bull market tends to give birth to the "rush to private", and most fund managers will continue to deepen their original strategies after leaving the company, and only a few will turn to other tracks. With the acceleration of talent flow in the public offering industry, while many fund managers left, many fund companies also chose to hire more. According to wind statistics, as of August 25, the number of new fund managers employed by fund companies in the year has reached 428, far higher than the 194 who left the office. Among them, Harvest Fund, Boshi fund, Huaxia Fund, rich
Edit：Wei Li Bin Responsible editor：Yin Bing
Source：Economic Information Daily
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