我们基金经理榜单是如何筛选的？有哪些基金经理今年值得关注？

Core Viewpoint - The article emphasizes the importance of "long-term excess return stability" as the primary criterion for selecting fund managers, highlighting the significance of consistent performance over time rather than short-term gains [2][11]. Group 1: Key Metrics for Fund Selection - The main indicator for selecting fund managers is "long-term excess return stability," which reflects three key dimensions: stable fund manager style, sustained alpha capability, and large strategy capacity [2]. - The observation method involves comparing fund performance against corresponding style beta indices, with a stable line indicating stable excess returns [2]. - A preference is shown for funds with consistent excess returns rather than those with sporadic high performance, which may be influenced by luck [2]. Group 2: Notable Fund Managers - Several fund managers from E Fund are highlighted for their stable excess returns, including Yang Zhenshao, Chen Hao, Wang Xiaocheng, Qi He, and Zhang Qinghua, all of whom have demonstrated strong performance over extended periods [4][5][7][8][9]. - Zheng Xi, a veteran fund manager with 19 years of experience, is noted for his consistent performance in the technology sector, achieving significant returns in 2025 [12]. - Wu Yang is recognized for his ability to adapt investment strategies in response to market changes, showcasing flexibility in portfolio management [18][21]. Group 3: Market Insights - The article discusses the current underperformance of quality style investments, suggesting that the market may soon favor these strategies as economic conditions improve [24][27]. - The article indicates that the consumer index is currently undervalued, with a PE ratio of 19.5, suggesting potential for future growth as market conditions stabilize [26][27]. - The overall strength of E Fund's investment team is highlighted, suggesting that a strong research platform and talent development contribute to the consistent performance of its fund managers [28].