任期内亏损近13%！知名经济学家邓海清卸任基金经理

Core Viewpoint - Recent personnel changes at AVIC Fund have sparked discussions in the financial sector, particularly the resignation of economist Deng Haiqing as the manager of the AVIC Mixed Reform Selected Fund (004936), which will now be managed solely by Fang Cen [1][4]. Group 1: Personnel Changes - Deng Haiqing served as the fund manager for 1.5 years, having taken the position on December 4, 2023 [2]. - Deng will continue to hold the positions of Deputy General Manager and Chief Investment Officer at AVIC Fund, but he will no longer manage any funds [1][4]. - The change was attributed to internal adjustments within the company [4]. Group 2: Fund Performance - Under Deng's management, the AVIC Mixed Reform Selected Fund experienced a decline of 5.71% year-to-date as of May 6, with a nearly 21.94% drop over the past six months [4]. - The fund recorded a total loss of 12.90% during Deng's 1.5-year tenure [4]. - The fund's heavy investment in the real estate sector led to criticism, with investors referring to it as a "real estate industry fund," failing to reflect the intended "mixed reform" theme [5][8]. Group 3: Market Context and Reforms - Speculation arose regarding the timing of Deng's departure in relation to a new policy from the China Securities Regulatory Commission (CSRC) that ties fund manager compensation to long-term performance, announced just one day after his resignation [6][7]. - Deng commented on the CSRC's action plan, suggesting it aims to reform the public fund industry by addressing profit models and restructuring income sources, which he believes will have a profound impact on the financial ecosystem [7].