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两个多月跌超8%,基金经理被爆在“赌”?申万菱信回应
中国基金报·2025-08-12 15:09

Core Viewpoint - The article discusses the performance and management issues of the Shenwan Hongyuan Fund, particularly the Shenwan Lingshin Industry Selected Mixed Fund, which has seen a decline of over 8% since its establishment, raising concerns about the fund manager's investment strategy and the company's practices [2][5][10]. Fund Performance - The Shenwan Lingshin Industry Selected Mixed Fund was established on June 3, 2023, and as of August 8, 2023, its unit net value was 0.9177 yuan, reflecting a decline of over 8% since inception [5]. - The fund raised 1.219 billion yuan during its fundraising period, making it one of the larger mixed equity funds established in recent months [5]. - The fund's performance is benchmarked against a composite index consisting of 65% CSI 300 Index, 10% Hang Seng Index (adjusted for exchange rates), and 25% China Bond Index [5]. Management and Strategy - The fund manager, Jia Chengdong, has 17 years of experience in the securities industry and has previously managed funds with significant performance records, including a 192.09% increase in net value for one fund during his tenure [9][10]. - Concerns have been raised regarding the fund manager's strategy, which appears to deviate from the advertised high-dividend approach, leading to accusations of "gambling" on stock selections [2][5]. Company Background - Shenwan Lingshin Fund, established in 2004, is one of the earliest Sino-foreign joint venture fund companies in China, but it has faced challenges in performance and scale compared to competitors like Tianhong Fund [13]. - The company has seen multiple fund liquidations and failures in recent years, indicating potential issues with its product offerings and management strategies [12][13]. Recent Developments - The company has attempted to improve its performance by hiring well-known fund managers, but the results have not yet been evident [13]. - The fund's recent performance and management controversies have led to increased scrutiny and skepticism from investors [2][10].