基金代销“大洗牌”，多家机构遭基金公司“解约”

Core Viewpoint - The fund sales market is experiencing a "Matthew Effect," leading to an accelerated industry reshuffle as companies optimize sales channels and mitigate risks [1][2]. Group 1: Company Actions - Jiahe Fund and招商基金 have announced the termination of their sales partnerships with 微动利 and 方正中期, respectively, highlighting a trend of fund companies actively optimizing their sales channels [1][2]. - 微动利 has lost multiple important partners since last year, including 工银瑞信, 民生加银, 平安, and 银河, indicating its declining position in the market [1]. - 方正中期 has also decided to exit the fund sales business due to strategic adjustments, with several other fund companies like 海富通, 天弘, and 交银施罗德 following suit [2]. Group 2: Industry Trends - The fund distribution industry is witnessing a significant "head effect," where smaller institutions are facing severe pressure on their survival [2]. - Since last year, over ten institutions, including 阜新银行, 中民财富, 喜鹊财富, and 资舟基金, have canceled their fund sales licenses, reflecting a broader trend of consolidation in the industry [2]. - Compliance is a critical factor for fund companies when selecting partners, as potential risks associated with some distribution agencies are leading to decisive terminations of partnerships [3].