旗下机构再被执行120万元，本人两度被限高！公募大佬陈继武资本棋局遇困

Core Insights - Chen Jiwu, a prominent figure in China's asset management industry, has faced significant challenges in recent years, transitioning from a successful public fund manager to struggling with debt issues and restrictions on consumption [1][3][5] Group 1: Company Overview - Chen Jiwu founded Kaishi Wealth in 2013, which received its independent fund sales license in 2015, aiming to provide professional fund product research services [3] - Kaishi Fund, established in 2017, was one of the first public fund management companies fully owned by professionals, marking a significant shift from private to public fund management [12] Group 2: Recent Challenges - In 2025, Kaishi Wealth was executed for 1.2041 million yuan due to undisclosed legal issues, adding to a series of financial troubles faced by the company [3][5] - The company has been subject to multiple consumption restrictions, with Chen Jiwu himself facing limitations on high expenditures due to ongoing legal disputes [5][10] Group 3: Financial Performance - Kaishi Fund's assets under management peaked at 1.425 billion yuan in 2019 but have since plummeted to approximately 106 million yuan by mid-2025, indicating a severe decline in its market position [14] - The number of products managed by Kaishi Fund has also decreased significantly, with only two products remaining operational by the end of 2024, down from a peak of eight [14] Group 4: Market Position and Competition - The competitive landscape in the asset management industry has intensified, with larger firms leveraging their brand and resources to dominate the market, making it increasingly difficult for smaller firms like Kaishi Fund to compete [15][16] - Analysts suggest that the decline in Kaishi Fund's performance is primarily due to poor product performance leading to investor redemptions, highlighting the challenges faced by smaller institutions in a market favoring larger players [15][16]