Zheng Quan Ri Bao·2025-09-02 16:15Group 1 - The scale of fund company employees holding their own funds reflects their confidence in the funds managed by their companies, with over 80% of public fund products having employees as holders as of mid-2025 [1][2] - A total of 10,725 fund products are held by employees of their respective companies, representing over 80% of the total market products [1] - Notable holdings include E Fund Cash Management Fund with 378 million shares held by employees, and several other money market funds with over 100 million shares held [1] Group 2 - In the first half of the year, over 3,700 products saw further increases in holdings by fund company employees, with 24 products having over 10 million shares added [2] - Among the 24 products, 12 are equity funds, with significant increases in holdings for funds like Fuquan Steady Growth Mixed Fund and Huaxia Real Estate ETF [2] Group 3 - Fund managers are focusing on the positive impacts of the "anti-involution" policy, which aims to enhance quality and efficiency in industries [3] - Managers believe that the "anti-involution" policy will help break the negative cycle of excessive competition and improve overall profitability [3] Group 4 - Technology growth remains a key focus for fund managers, with a long-term positive outlook on sectors like semiconductors and innovative technologies [4] - Current research emphasizes structural opportunities in the new energy sector, aligning with the "anti-involution" strategy [4]