基金经理“大撤退”开启？邓海清卸任中航混改精选，旗下基金“清零”

Group 1 - The core point of the article is the personnel change at China Aviation Fund, where Deng Haiqing is no longer the fund manager of the China Aviation Mixed Reform Selected Fund (Fund Code: 004936), effective May 6, 2025, and Fang Cen will take over the management of the fund [1][2][3] - The change in fund management coincides with the release of the CSRC's "Action Plan for Promoting the High-Quality Development of Public Funds," which links fund manager compensation to long-term performance [6] - Deng Haiqing's departure is attributed to internal company adjustments, and he will continue to serve as the company's deputy general manager and chief investment officer [3] Group 2 - The fund has faced criticism for its heavy investment in the real estate sector, failing to reflect the diversity of the "mixed reform" theme and not aligning with recent policy support for high-end manufacturing and technology [7][8] - Performance metrics indicate that the China Aviation Mixed Reform Selected Fund has significantly underperformed both its peers and market benchmarks, with a year-to-date decline of 4.33% and a six-month drop of 22.16% [8] - Over the past two and three years, the fund has seen cumulative declines exceeding 31%, underperforming its performance benchmarks by 30% and 36%, respectively, which could lead to substantial salary reductions for the fund manager under the new regulations [8]