汇添富基金总经理张晖：厚植“选股专家”投研底蕴 书写高质量发展新篇章

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has released an action plan to promote the high-quality development of public funds, emphasizing investor-centric development and enhancing core research capabilities, which aligns with the strategic direction of Huitianfu Fund [1][2] Group 1: Company Strategy and Development - Huitianfu Fund has a strong reputation for active stock selection and has implemented various reforms that align with the CSRC's action plan, reinforcing the company's strategic determination and confidence in development [1][2] - The company is celebrating its 20th anniversary, and the action plan provides clear guidance for optimizing reform measures and enhancing research and service levels, marking a new chapter in high-quality development [1][2] - In the past year, Huitianfu has seen significant performance in active equity funds, with five funds doubling their performance, the highest increase exceeding 200%, and 20 funds achieving over 70% growth [1][12] Group 2: Research and Investment System - The action plan calls for strengthening core research capabilities and establishing evaluation metrics for fund companies, encouraging continuous investment in human and system resources [3] - Huitianfu has developed a unique vertical integrated research system, conducting in-depth research and forward-looking layouts through regular overseas industry inspections [3][4] - The company emphasizes a collaborative research model that fosters sharing and efficient cooperation among research teams, creating competitive barriers in long-term growth industries [3][4] Group 3: Team Building and Management - Huitianfu has consistently focused on team building, nurturing talent while also attracting stable and high-performing investment managers to create a diversified investment team [4][5] - The company promotes a culture of simplicity, focus, and collaboration, enhancing team stability and research efficiency [4][5] - A data science team has been established to support the investment management process, ensuring comprehensive performance attribution, risk analysis, and investment decision oversight [4][7] Group 4: Client-Centric Approach - Huitianfu emphasizes the alignment of client needs with product positioning and investment strategies, ensuring that investment managers' strengths match client demands [5][6] - The company is committed to a multi-strategy investment system centered around its core fund managers, allowing for precise matching of product configurations to investment capabilities [5][6] - Huitianfu aims to enhance investor satisfaction and experience by providing tailored solutions based on thorough analysis of market conditions and client needs [9][10] Group 5: Fee Structure and Performance Evaluation - The action plan highlights the need for optimizing fund operation models and establishing performance-linked fee structures to better align with investor interests [7] - Huitianfu has proactively reduced management and custody fees for active equity funds and launched investor-benefit funds, focusing on enhancing investor returns [7][8] - A comprehensive evaluation system based on product positioning and performance benchmarks has been established to assess fund managers' abilities to generate excess returns [7][8]