长盛基金投研“进化论”：发挥集体智慧，打造智能化综合投研支持平台

Core Viewpoint - The article emphasizes the importance of enhancing research and investment capabilities in public funds, aligning with the regulatory push for high-quality development in the industry. It highlights the shift from individualistic investment approaches to a more systematic and team-oriented model, aiming to reduce reliance on "star fund managers" [1][2]. Group 1: Investment Research System - The China Securities Regulatory Commission (CSRC) has mandated the establishment of a fund company research capability evaluation system to strengthen core investment research capabilities [1]. - Changsheng Fund exemplifies a robust investment research framework, focusing on collective decision-making and high-frequency discussions among investment managers and researchers to adapt to market changes [1][2]. - The firm has developed a vertical and horizontal system among investment teams and managers, ensuring thorough discussions on investment targets, including market styles and competitive advantages [2]. Group 2: Mechanisms and Processes - Changsheng Fund has implemented a three-tiered fixed investment research discussion mechanism, including weekly deep report discussions, monthly simulated portfolio meetings, and quarterly investment committee meetings to maintain information freshness and industry dynamics [3]. - The firm also conducts daily morning meetings and ad-hoc industry discussions to create a closed-loop from research output to investment conversion, enhancing team collaboration and responsiveness to market changes [3]. Group 3: Strategic Focus - In the context of high-quality industry development, mid-sized fund companies like Changsheng Fund are concentrating resources to achieve effective transformation and breakthrough in their investment research systems [2]. - The focus is on establishing a mutual trust discussion mechanism and a multi-layered discussion framework to ensure both depth and timeliness in research, ultimately aiming to enhance investment experiences and outcomes [2].