Core Insights - The departure of Zhou Haidong has led to a significant reduction in the total fund shares he managed, with a decrease of 67.13 million shares, representing a drop of over 44% [1][2] - The overall scale of the funds managed by Zhou has also shrunk, with a total decrease of 106.20 billion yuan, equating to a decline of 38.99% [2][4] - The fund industry is facing a transformation challenge as it moves away from reliance on star fund managers, necessitating the development of collaborative research teams [1][6] Fund Performance Summary - Zhou Haidong's managed funds saw substantial share reductions, with the "Huashang New Trend Preferred" fund dropping from 9.63 billion shares to 5.28 billion shares, a decline of 45.18% [3] - The "Huashang Advantage Industry" fund experienced a share decrease of 39.18%, while the "Huashang Selected Return" fund saw a dramatic drop of 54.90% [3][4] - The total scale of the "Huashang New Trend Preferred" fund fell from 92.01 billion yuan to 53.90 billion yuan, a decline of 41.43% [4] Industry Impact - Zhou's departure has caused a ripple effect within Huashang Fund, with the total non-monetary fund scale dropping to 1,042.19 billion yuan, a reduction of over 114 billion yuan [6] - The exit of a prominent fund manager can lead to a loss of investor confidence and potential fund redemptions due to the "follow-the-leader" effect [6][7] - The industry is urged to shift from a "personal-driven" model to a "team-driven" approach, emphasizing the need for structural changes in fund management practices [7]
罕见!猛降44%
Zhong Guo Ji Jin Bao·2025-04-22 12:19