招商基金三首席同日上任！“去管理化”浪潮下高管密集换防为哪般

Core Insights - The recent appointment of Zhu Hongyu and Wang Jing as senior executives at China Merchants Fund is a notable move in an industry where many firms are reducing management layers, indicating a commitment to research and investment capabilities [1][3][7] - The company has experienced significant turnover in its investment research talent, with nine fund managers leaving in the past year, prompting the need for internal promotions to stabilize the team [7][8] Group 1: Executive Appointments - China Merchants Fund appointed Zhu Hongyu, Wang Jing, and Chen Fangyuan as company chiefs, a rare large-scale executive change in the industry [1][3] - Zhu Hongyu and Wang Jing were previously in roles as Chief Research Officer and Assistant General Manager, respectively, while Chen Fangyuan served as Chief Institutional Business Officer [3] Group 2: Performance Metrics - Zhu Hongyu manages funds with a total scale of 50.80 billion yuan, achieving a return of 45.61% for the "China Merchants Core Competitiveness" fund, ranking 222 out of 2878 similar products [4] - Wang Jing manages funds totaling 60.67 billion yuan, but has faced challenges with significant losses in several products, including a 41.90% decline in the "China Merchants Jin'an Growth Select" fund [4][5] Group 3: Industry Context - The public fund industry has seen a trend of senior fund managers resigning due to performance pressures and administrative burdens, contrasting with China Merchants Fund's strategy of promoting from within [3][7] - The company has reported stagnant revenue and profit figures over the past few years, with operating income of 57.57 billion yuan in 2022, 52.94 billion yuan in 2023, and 53.08 billion yuan in 2024, alongside net profits of 18.13 billion yuan, 17.53 billion yuan, and 16.5 billion yuan respectively [7]