资管工业化时代的“中欧样本”

Core Viewpoint - The public fund industry in China is experiencing rapid growth, but the limitations of relying on individual fund managers are becoming increasingly apparent. To address this, China Europe Fund is implementing an "industrialized" research and investment system to enhance efficiency and product stability in a complex market environment [4][5][6]. Group 1: Industry Overview - As of June 2023, the number of public funds in China reached 12,900, with a total net asset value of 34.39 trillion yuan, setting a new historical high [4]. - Compared to large overseas asset management institutions, domestic fund companies still show inadequacies in managing large-scale funds, particularly when individual fund sizes grow rapidly [5]. Group 2: Company Strategy - China Europe Fund is adopting an "industrialized" approach by establishing a unified investment philosophy, specialized division of labor, and systematic collaboration to produce clearer positioning and more stable investment products [5][6]. - The firm has seen initial success in its "industrialized" practices across various business lines, emphasizing the importance of professional collaboration and specialization [5][6]. Group 3: Research and Investment Process - The investment decision-making process at China Europe Fund has evolved from individual-centric to a collaborative model, where fund managers focus on their strengths and work together to enhance overall investment performance [5][6]. - The research team is organized into specialized roles, allowing for in-depth analysis across various sectors such as artificial intelligence, humanoid robots, and automotive industries [6]. Group 4: Multi-Asset Team Development - The multi-asset team at China Europe Fund has become a significant growth area, focusing on standardized product strategies and clear style boundaries to maintain stability and long-term positive returns [7][8]. - The team has restructured its product layout and strategy framework to ensure that even strong fund managers operate within defined capacity and risk control frameworks [7][8]. Group 5: Cultural and Collaborative Framework - The company's culture promotes decentralization and mutual empowerment, allowing even new employees to contribute valuable insights during research discussions [11][12]. - A flat and networked collaboration mechanism enables team members to work across different groups, fostering a sense of security and collective intelligence [12][13].