大牛市亏损却地位稳固，这位美女基金经理的操作让人看不懂

Core Viewpoint - Despite a booming stock market and the Shanghai Composite Index reaching a ten-year high, fund manager Jia Yuxuan from Guorong Fund has faced significant losses in her managed funds, raising concerns in the industry [1][3]. Group 1: Fund Performance - Jia Yuxuan manages six funds, with two experiencing losses exceeding 40% and one close to 30%, while the profitable funds primarily benefit from a high proportion of bond assets [1][3]. - The asset allocation strategy employed by Jia Yuxuan has been criticized for reducing stock positions during a bull market, leading to missed opportunities [3][4]. - The turnover rates of her funds are exceptionally high, with figures reaching 701%, 1104%, and 1519%, which increases transaction costs without yielding stable returns [3][4]. Group 2: Management Trust and Internal Dynamics - Guorong Fund continues to show strong trust in Jia Yuxuan, granting her new fund management permissions despite her poor performance, which raises questions about the internal management and incentive mechanisms within the firm [3][4]. - The ongoing support for Jia Yuxuan, even amidst significant losses, has led to speculation about her potential connections or background that may influence her standing within the company [4]. Group 3: Industry Implications - The situation with Jia Yuxuan serves as a reminder of the importance of fund managers' performance and professional ethics in safeguarding investors' interests [4].