2026年新年献词 | 兴证全球基金董事长庄园芳：坚守资管责任，成为价值的发现与守护者

Core Viewpoint - The public fund industry is entering a new phase characterized by high-quality development and a focus on investor interests, driven by recent reforms and the "14th Five-Year Plan" [4][5]. Group 1: Industry Overview - The year 2025 marked a significant recovery for the public fund industry, with the Shanghai Composite Index surpassing 4000 points for the first time in a decade, indicating a resurgence in investor confidence and willingness to allocate funds [4]. - The industry is experiencing a transformation with a shift towards high-quality development, emphasizing the core principle of "entrusted by others, managing on behalf of clients" [4][5]. - The trend of residents transferring wealth into financial assets and the steady influx of long-term capital into the market remains unchanged, positioning public funds as essential tools for inclusive finance and professional wealth management [4]. Group 2: Strategic Initiatives - The implementation of the "Action Plan for Promoting High-Quality Development of Public Funds" and related policies is reshaping the competitive landscape, focusing on enhancing investor satisfaction through performance benchmarks and fee reforms [5]. - The company is committed to prioritizing the interests of its investors, maintaining asset management responsibilities, and striving to create value for clients [6]. Group 3: Product and Research Development - The company aims to develop a diverse product line that meets the real needs of investors, including "fixed income+", enhanced index, fund of funds (FOF), and exchange-traded funds (ETFs) [6]. - Continuous upgrades to the research and investment decision-making system are being pursued, fostering a new generation of fund managers with deep industry insights and innovative spirits [6]. Group 4: Client Engagement and Trust - The company seeks to provide comprehensive asset allocation solutions that address the real needs of clients throughout their investment lifecycle, aiming for long-term win-win relationships [7].