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 Viewpoint - The article discusses the rise and fall of Chen Jiwu in the Chinese asset management industry, highlighting the challenges faced by small to medium-sized funds amid increasing competition and the limitations of individual heroism in the current market landscape [1][12]. Group 1: Chen Jiwu's Career and Achievements - Chen Jiwu was a prominent figure in the public fund industry, known for his strong performance and innovative approaches, transitioning from public to private fund management and back to public [1][12]. - He founded Kaishi Fund in 2017, which became one of the first public fund management companies fully owned by professionals, marking a significant milestone in the industry [12]. - His career began in 1999 at Southern Fund, and he later held key positions at Fortune Fund, where he gained recognition [12]. Group 2: Recent Challenges Faced by Kaishi Fund - Kaishi Fund's assets under management have significantly declined from a peak of over 1.4 billion yuan to approximately 106 million yuan by mid-2025 [1][14]. - The fund has faced difficulties in product issuance, with many products failing to launch successfully and some being liquidated due to low asset values [14]. - As of the end of 2024, only two products remained operational, down from a peak of eight [14]. Group 3: Legal and Financial Issues - Chen Jiwu's companies, including Kaishi Wealth, have faced multiple legal actions, including a recent court execution for 1.2041 million yuan [3][5]. - Kaishi Wealth was previously ordered to pay 509,700 yuan for unpaid wages to employees, indicating financial distress [8][10]. - Chen Jiwu himself has been restricted from high consumption due to these legal issues, reflecting the broader challenges faced by his firms [5][11]. Group 4: Market Dynamics and Future Outlook - The article emphasizes the increasing competition in the asset management industry, where larger firms benefit from brand strength and collaborative teams, making it difficult for smaller firms to compete [15][16]. - Analysts suggest that the era of individual heroism in fund management is waning, and success now relies more on team collaboration and strategic focus [13][16]. - Kaishi Fund aims to adapt by refining existing products and responding to market demands, but faces significant hurdles in regaining its former stature [16].