聊聊基金业绩基准征求意见稿

Core Viewpoint - The new draft for fund performance benchmarks is generally seen as favorable for investors and sales personnel, while it may create additional work for fund companies [2][6][15]. Group 1: Benefits for Investors and Sales Personnel - The issue of "style drift" in fund management has been a concern, where fund managers may not adhere to their stated investment strategies, leading to investor losses [2][4]. - The new regulations will hold fund managers accountable by linking their compensation to performance against established benchmarks, potentially reducing the occurrence of misleading practices [4][6]. - Clearer performance benchmarks will enhance communication between sales personnel and investors, making it easier to explain fund strategies and performance [6][8]. Group 2: Implications for Fund Companies - Fund companies will face increased responsibilities to ensure that their funds' performance benchmarks align with their investment strategies, which may require significant adjustments [6][8]. - The establishment of a benchmark library by the fund industry association will necessitate that fund companies actively participate in the selection of appropriate indices for their funds [9][15]. - There is a concern that the current benchmark library may not adequately cover emerging industries and new indices, which could complicate fund management and performance reporting [15][16].