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被骂“赌狗”,明星基金经理贾成东旗下产品两个月逆市亏8%!申万菱信基金回应
Hua Xia Shi Bao·2025-08-13 07:02

Core Viewpoint - The performance of the newly launched fund managed by star fund manager Jia Chengdong has raised significant concerns, as it has underperformed the market shortly after its inception, leading to investor dissatisfaction and criticism of the fund's management strategy [2][4]. Fund Performance - The fund, Shenwan Lingshin Industry Select Mixed A, was established on June 3 and has seen a net value drop of 8.23% within two months, while the Shanghai Composite Index rose by 8.2% during the same period [2][5]. - As of August 8, the fund's net value was reported at 0.9177 yuan, ranking 4773 out of 4776 similar funds, indicating a poor performance relative to peers [2][5]. Management Strategy - Jia Chengdong's investment strategy involved quickly building a 60% position in high-flying "new consumption" stocks shortly after the fund's launch, which led to significant losses as the sector corrected [5][6]. - Following the losses in the new consumption sector, Jia shifted focus to bank stocks, which also faced a downturn, resulting in further declines in the fund's net value [5][6]. Internal Discontent - An employee from Shenwan Hongyuan Securities expressed dissatisfaction with the company's pressure to invest in the fund, labeling it a "political task" and criticizing the fund's operational style as reckless [3][4]. - The company has denied claims of coercion regarding investments and emphasized the importance of long-term performance over short-term results [4][6]. Comparison with Other Funds - In contrast to Jia Chengdong's underperforming fund, another fund managed by a different manager, Fu Juan, achieved a remarkable one-year return of 100.59%, highlighting a stark performance disparity within the company [6][8]. - Historical data shows that Shenwan Lingshin has had successful funds in the past, with one fund achieving a 279.62% increase since its inception, significantly outperforming its benchmark [8].