嘉实转战广发首年交卷：苏文杰在管规模直逼60亿，旗下四基金齐涨，广发优势成长近三月涨17%

Core Insights - The article highlights significant changes in the fund management industry, with over 1,630 funds experiencing manager changes this year, indicating a dynamic environment rather than a negative trend [1][3] - Su Wenjie, a former manager at Jiashi Fund, has made a notable transition to Guangfa Fund, where he has achieved impressive returns in a short period [4][6] Fund Management Changes - As of August 13, the total number of fund managers in the market reached 4,065, with an increase of 111 since the beginning of the year [3] - The article notes that over 920 fund managers have left their positions, while more than 610 new managers have been hired [1] Su Wenjie's Performance - Su Wenjie joined Guangfa Fund in April 2024 and took over management of several funds, achieving a total management scale of 5.835 billion yuan [4] - His long-term managed funds, such as Guangfa Advantage Growth and Guangfa Jufeng A, have shown returns of 20.97% and 17.09%, respectively [4] - Recently taken over funds, Guangfa Resource Selection A and Guangfa Growth Power Three-Year Holding A, have also performed well with returns of 7.35% and 8.10% [4] Investment Strategy - Su Wenjie’s investment strategy focuses on cyclical thinking, with top holdings in resource and chemical industry leaders [7] - His second-quarter operations included a reduction in positions due to trade war impacts, but he plans to restore positions to 80%-90% focusing on sectors like non-ferrous metals, military, chemicals, and new energy [7] Market Outlook - Su Wenjie anticipates that the ongoing trend of de-globalization will continue to drive up upstream commodity prices, with expectations for coordinated fiscal and monetary policies during China's economic recovery in 2025 [9] - His successful first year at Guangfa Fund reflects a broader industry trend where experienced fund managers with proven methodologies are becoming key focal points for capital flows [9]