贝莱德基金“绩优经理”业绩高点“急流勇退”，“绩差经理”接手产品遭基民吐槽

Core Viewpoint - The sudden resignation of fund manager Zou Jiangyu from BlackRock's Advanced Manufacturing One-Year Holding Mixed Fund raises questions about the motivations behind the change, especially given the fund's recent strong performance and the appointment of a manager with a less favorable track record [2][3][6]. Performance Summary - Zou Jiangyu achieved an investment return of approximately 48.96% during his tenure, significantly outperforming the average return of similar products (14.57%) and the CSI 300 index (19.88%) [3]. - The fund experienced a remarkable increase of 70.39% over the past six months and a year-to-date return of 63.29% [4]. - Zou successfully raised the fund's net value from 0.93 yuan to around 1.5 yuan in June [4]. Manager Transition - The new manager, Dan Xiuli, has a history of managing underperforming funds, including the BlackRock China New Horizons fund, which has seen losses of approximately 33% [2][7]. - Dan Xiuli's recent management of multiple products has raised concerns among investors, particularly regarding her ability to manage high-performing funds [6][8]. Talent Flow and Company Dynamics - The frequent personnel changes at BlackRock, including the departure of key figures such as the chairman and several fund managers, suggest potential instability within the company's management structure [8][9]. - The industry is experiencing a trend of talent mobility, which may impact investor confidence and necessitate a reevaluation of the company's reliance on individual fund managers [5].