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Core Viewpoint - The performance of fund managers is crucial for investors, especially for actively managed funds, and the article highlights the top-performing fund managers in the first half of 2025 based on their returns and management scale [2][34]. Group 1: Overall Fund Manager Performance - A total of 3,358 fund managers reported their performance for the first half of 2025, with an average return of 4.89% and a median return of 0.93% [2]. - Larger fund managers tend to have lower overall returns, possibly due to a lack of index-driven market trends and a higher proportion of managers handling bond and money market funds [2][34]. Group 2: Fund Managers with Over 100 Billion Yuan - Among fund managers managing over 100 billion yuan, the average return was 2.50% with a median of 0.93%, and the threshold for the top 20 was approximately 15.60% [3][4]. - The top five fund managers in this category are: 1. Wu Yuanyi (Guangfa Fund) - 32.19% return 2. Yan Siqian (Penghua Fund) - 24.65% return 3. Zhao Bei (ICBC Credit Suisse Fund) - 23.32% return 4. Yang Dong (Guangfa Fund) - 22.50% return 5. He Qi (Huatai-PB Fund) - 20.50% return [4][5]. Group 3: Fund Managers with 50-100 Billion Yuan - For fund managers managing between 50-100 billion yuan, the average return was 4.41% with a median of 1.87%, and the threshold for the top 20 was nearly 14% [11][12]. - The top five fund managers in this category are: 1. Zheng Ning (Bank of China Fund) - 58.14% return 2. Zhang Wei (Huitianfu Fund) - 42.36% return 3. Yang Zhenshao (E Fund) - 40.25% return 4. Zhao Wei (Fortune Fund) - 36.83% return 5. Nong Bingli (Invesco Great Wall Fund) - 33.00% return [12][16]. Group 4: Fund Managers with 20-50 Billion Yuan - Fund managers in the 20-50 billion yuan range had an average return of 5.31% and a median of 3.04%, with a top 20 threshold of about 21% [19][20]. - The top five fund managers in this category are: 1. Zhou Sicong (Ping An Fund) - 57.27% return 2. Peng Chenchen (Fortune Fund) - 40.22% return 3. Jin Xiaofei (Penghua Fund) - 39.85% return 4. Sang Xiangyu (Huashan Fund) - 38.69% return 5. Hao Miao (Jia Shi Fund) - 33.12% return [20][22]. Group 5: Fund Managers with 5-20 Billion Yuan - For fund managers managing between 5-20 billion yuan, the average return was 5.93% with a median of 4.03%, and the threshold for the top 20 was approximately 24.56% [23][24]. - The top five fund managers in this category are: 1. Zhang Jintao (Huabao Fund) - 41.93% return 2. Zhao Xiaoyan (Hengyue Fund) - 39.10% return 3. Chi Chenshen (Anxin Fund) - 36.26% return 4. Shan Lin (Yongying Fund) - 36.13% return 5. Zhang Jialu (Ruiyuan Fund) - 33.15% return [24][28].