拆解鹏华基金闫思倩，在极致产业趋势捕获阿尔法

Core Viewpoint - The article discusses the investment philosophy of Yan Siqian, a fund manager at Penghua Fund, emphasizing her focus on high-growth sectors such as new energy vehicles and artificial intelligence, and her ability to capture industry opportunities despite market volatility [1][4][28]. Group 1: Investment Performance - Yan Siqian's managed products have shown an average return of 83.94% over the past year, significantly outperforming the CSI 300 index during the same period [1]. - The performance metrics of her funds indicate a maximum drawdown of 26.39% and an annualized volatility of 36.13% [1]. - All products managed by Yan Siqian have achieved positive returns since their inception, showcasing her effective management strategy [3]. Group 2: Investment Philosophy - Yan Siqian's investment philosophy is heavily influenced by her early focus on Tesla, which she views as a model of non-linear growth and innovation [6][10]. - She believes that enduring volatility is essential to realize significant returns, as evidenced by Tesla's stock performance over the years [10][26]. - The acceleration of technological development is a key theme in her investment approach, where she emphasizes the importance of surviving the initial phases of innovation to benefit from subsequent growth [11][12]. Group 3: Sector Focus - Yan Siqian has concentrated her investments in sectors with high growth potential, particularly in the electric vehicle and AI industries, which she believes are transformative [28]. - Her investment strategy has evolved to include smart vehicles and robotics, aligning with Tesla's innovations in these areas [12][17]. - The focus on disruptive technologies is a hallmark of her investment style, as she seeks to identify companies that can lead in these rapidly changing sectors [18][29]. Group 4: Characteristics of Investment Strategy - Yan Siqian's investment strategy is characterized by a strong focus on product strength and entrepreneurial spirit, which she considers crucial for identifying successful companies [18]. - She emphasizes the importance of understanding the underlying technology and market dynamics, which allows her to make informed investment decisions [22][25]. - The article highlights her optimistic outlook and proactive approach to identifying opportunities, even during market downturns [25][30].