永赢前副总李永兴“下嫁”小型公募副总,发生了什么?
Sou Hu Cai Jing·2025-08-26 05:17

Core Viewpoint - The appointment of Li Yongxing as the new deputy general manager of Su Xin Fund raises questions about his transition from a large fund management company to a smaller one, especially given his previous success and the current performance of his funds [1][6][8]. Group 1: Company Overview - Su Xin Fund, established just over two years ago, is a bank-affiliated public fund with a management scale of approximately 159 billion, primarily focused on bond funds (136 billion) and index funds (23 billion), lacking any actively managed equity funds [3][4]. - In contrast, Yongying Fund boasts a significantly larger scale of around 550 billion, with 250 billion in bond funds and 570 billion in actively managed equity funds, highlighting the disparity in size and resources between the two firms [6]. Group 2: Management Background - Li Yongxing has a diverse background in fund management, having worked at various firms since 2006, including roles as a researcher, fund manager, and investment director, culminating in his position as deputy general manager at Yongying Fund [2][8]. - His performance at Yongying Fund has been mixed, with several funds experiencing significant losses, including a 40% loss over nearly four years for one of his managed products, which may have influenced his decision to move to Su Xin Fund [8][10]. Group 3: Performance Analysis - Li Yongxing's recent performance has been under scrutiny, with his funds showing poor returns, including a notable decline in assets under management, which fell below 20 billion before his departure from Yongying Fund [10][12]. - Comparatively, Yongying Fund's actively managed products have seen substantial gains, with some funds achieving over 200% returns in the past year, contrasting sharply with Li's recent performance [6][7].