Core Viewpoint - The departure of Yuan Zuodong, the General Manager of the Equity Investment Department at Xingyin Fund, marks a significant trend in the industry where a record number of fund managers are leaving their positions, reflecting a shift towards high-quality development in the fund management sector [2][10][11]. Summary by Sections Departure of Yuan Zuodong - Yuan Zuodong has left his position as the General Manager of the Equity Investment Department and has resigned from all managed funds due to personal reasons, effective October 28 [2][4][6]. - He was known for his balanced investment style and had a management scale of 2.039 billion yuan before his departure [6][7]. Performance and Investment Style - During his tenure, all funds managed by Yuan recorded positive returns, with the longest-managed fund, Xingyin Fengyun Stable Income A, achieving a return of 63.78%, ranking 13th out of 315 [7]. - Yuan's investment strategy focused on balance, diversifying across various sectors such as consumption, technology, manufacturing, finance, and cyclical industries, while also maintaining a dynamic balance between equity and debt [7][8]. Industry Trends - As of October 28, 2023, a total of 345 fund managers have left their positions this year, marking a new high in departures [10]. - The current wave of departures is attributed to the industry's transition towards high-quality development, with many fund managers opting to move to private equity due to greater autonomy in investment decisions and a more closely linked compensation structure to performance [11]. - Despite the high turnover, the industry has seen a significant influx of new talent, with 473 new fund managers hired this year, indicating a strong attraction of new professionals to the fund management sector [11].
又一公募权益投资部总经理,离任!
中国基金报·2025-10-28 10:13