泰信基金三剑客成长不及预期，老将王博强在管4只基金规模不足10亿

Core Viewpoint - The recent bull market has led to increased enthusiasm among public funds, with many aiming for a doubling of net value, while some fund companies, like Taixin Fund, lag significantly behind this goal due to various factors, primarily the lack of star fund managers and representative products [2][8]. Fund Performance and Management - Taixin Fund, established in 2003, ranked 97th in total assets as of Q2, with a total scale of approximately 329.37 billion, of which equity funds accounted for about 62 billion, indicating a weaker performance in equity products compared to fixed income [2]. - The so-called "Three Musketeers" of equity fund managers at Taixin, namely Wu Bingtang, Xu Muhao, and Dong Jizhou, have not achieved significant recognition or success in the market [3][8]. - Dong Jizhou, known for his semiconductor investments, has managed two funds with a cumulative return of nearly 30% this year, but his portfolio consists solely of 10 stocks from the Sci-Tech Innovation Board, none of which have doubled in value this year [3][4]. - Xu Muhao has managed two funds with a stark performance difference; one fund has a return exceeding 160%, while the other is only around 20%. His top holdings have not performed well, with the highest gain being less than 22% [4][5]. - Wu Bingtang has a mixed performance record, with returns exceeding 180% on some products but also significant losses on others, leading to a total management scale of only about 3.76 billion [5][7]. Challenges in Fund Management - The younger fund manager Huang Qianyi has also struggled, with two funds showing significant losses of -41.26% and -58.71%, indicating poor stock selection despite the overall market uptrend [7][8]. - Wang Boqiang, the longest-serving manager after Dong Shanqing's departure, manages four funds with a total scale of 8.25 billion, but his best return is only 14.07%, raising questions about his current management effectiveness [7][8]. - The only fund with a positive return is the newly managed Taixin Industry Select Mixed Fund, which has a return close to 15%, attributed to a stock that has increased sixfold this year, although it is co-managed with another manager, Chen Ying [8].