300亿固收大将张翼飞离职，安信基金规模或将再下滑

Core Viewpoint - The departure of renowned fund manager Zhang Yifei from Anxin Fund is a significant event, as he managed a substantial portion of the firm's assets and his exit may lead to further declines in the company's fund size [1][5]. Company Overview - Zhang Yifei left Anxin Fund on July 15 due to personal reasons, resigning from all nine funds he managed [1]. - He has a master's degree in economics and has held various financial roles before joining Anxin Fund in September 2012, where he progressed from a fixed income researcher to Chief Investment Officer [4]. - Under Zhang's management, the Anxin Stable Growth Fund achieved a return of 82.46% over his tenure of more than 10 years [4]. Fund Management and Performance - As of his departure, Zhang managed eight products with a total scale of 32.51% of Anxin Fund's public offering assets, which amounted to 321.92 billion yuan [4]. - Anxin Fund's total public fund management scale was 990.11 billion yuan as of the end of Q1 2025, with a breakdown of 430.46 billion yuan in bond funds, 414.89 billion yuan in mixed funds, and 55.65 billion yuan in equity funds [5]. Recent Trends and Challenges - Anxin Fund's public management scale decreased to 992.75 billion yuan by the end of 2024, a drop of 193.09 billion yuan from the previous year, marking a year-on-year decline of 16.28% [5]. - The firm fell from 50th to 62nd in industry rankings during the same period, while the overall public fund industry saw an 18.95% increase in management scale [5]. - The mixed fund segment has seen a continuous decline, dropping from a peak of 860.78 billion yuan in Q3 2022 to 393.32 billion yuan, a reduction of 54.3% [5][6]. Investor Sentiment - Zhang Yifei's departure may trigger redemptions from investors in the funds he managed, potentially exacerbating the decline in Anxin Fund's overall scale [7].