创价值·塑生态·启新程——上海公募基金高质量发展在行动 | 兴证全球基金：以“信托责任”为基石 打造可持续的长期收益曲线

Core Insights - The article discusses the action plan for promoting high-quality development of public funds, emphasizing the need to strengthen core research and investment capabilities within fund companies [1] - It highlights the comprehensive upgrade of the investment research system at Xingzheng Global Fund, which has led to superior performance in absolute returns across various time frames compared to peers [1][2] - The article also explores the importance of talent development, cross-group collaboration, and long-term assessment in enhancing investment decision-making and capturing market opportunities [2][4][7] Group 1: Investment Research System - Xingzheng Global Fund has implemented a platform-based, professional, and systematic research support structure to enhance investment decision-making [1][2] - The fund has expanded its research team since 2018, focusing on specific industries and establishing specialized groups to improve research efficiency [2][3] - The performance of Xingzheng Global Fund's equity funds has ranked first among 13 large equity fund companies in terms of absolute returns over the past year, two years, and three years [1] Group 2: Talent Development - The company emphasizes the importance of talent development and the organic connection between research and investment teams to enhance decision-making effectiveness [2][6] - Experienced research leaders play a crucial role in guiding junior researchers and aligning research priorities with investment needs [3][10] - The company encourages a culture of mentorship, where senior fund managers share their experiences and insights with junior colleagues to foster long-term growth [10][11] Group 3: Cross-Group Collaboration - The article highlights the significance of cross-group collaboration in identifying new investment opportunities, especially during significant market shifts [4][5] - Researchers from different sectors collaborate to explore emerging trends, such as AI and innovative pharmaceuticals, enhancing the depth of analysis [5][6] - The integration of research and investment teams is essential for recognizing subtle market changes and capitalizing on potential opportunities [6][9] Group 4: Long-Term Assessment and Strategy - Xingzheng Global Fund adopts a long-term assessment approach for fund managers, allowing them to develop their investment philosophies over time [7][8] - The company encourages fund managers to prepare for various market conditions by building a robust foundational capability in long-term research and value pricing [8][9] - The emphasis on long-term value and individual investment styles fosters a diverse range of investment strategies within the firm [7][9]