泓德基金高管“换血”：十年老将退休 副总经理李娇接棒督察长

Core Viewpoint - Hongde Fund has announced a significant change in its senior management, with the retirement of Chief Inspector Li Xiaochun and the appointment of former Deputy General Manager Li Jiao as the new Chief Inspector, effective July 12, 2025. This marks the sixth high-level personnel change in the company over the past three years, reflecting ongoing challenges in governance and performance amid a 37% decline in asset scale [1][4][10]. Group 1: Management Changes - Li Xiaochun, who has served as Chief Inspector for over 10 years, is retiring on July 12, 2025 [1][4]. - Li Jiao, previously the Deputy General Manager, will take over as Chief Inspector on the same date [1][4]. - This change is part of a broader trend of high-level personnel shifts at Hongde Fund, with six changes occurring in three years, including the departure of key figures such as CIO Tong Liangfa and former Deputy General Manager Wu Chuanyan [4][5][10]. Group 2: Performance and Governance Issues - Hongde Fund's asset scale has decreased from 744.41 billion to 466.02 billion over three years, a reduction of 37% [7][10]. - The company has experienced a decline in its industry ranking, dropping from 50th to 78th place [6][10]. - The proportion of mixed funds in the company's asset net value has fallen from 81% to 69%, indicating a shift in investment strategy [6][10]. Group 3: Strategic Initiatives - In response to declining performance, Hongde Fund is focusing on enhancing its investment research and compliance efforts, including the establishment of an AI Lab to leverage artificial intelligence in investment strategies [10][11]. - Li Jiao's transition to Chief Inspector is seen as a move to strengthen compliance within the organization [10][11]. - The company aims to build a more robust talent pipeline to mitigate reliance on key individuals, addressing governance challenges [11][12].