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近200只公募基金换“舵手” 基金经理“变更潮”背后有何玄机
Core Viewpoint - The public fund industry is experiencing a significant wave of fund manager changes, driven by various factors including market conditions, industry competition, incentive mechanisms, the trend of "de-starring," and personal career planning [2][12]. Group 1: Fund Manager Changes - As of June 24, nearly 200 public fund products have announced fund manager changes this month, indicating a trend of frequent adjustments within the industry [2][5]. - The changes in fund managers can be categorized into three main types: new appointments, simultaneous appointments and dismissals, and departures [6][10]. - The increase in fund manager dismissals is attributed to work needs and performance evaluations, with companies adjusting their fund manager assignments based on product style and performance benchmarks [9][11]. Group 2: Industry Changes - The public fund industry is gradually moving away from reliance on "star fund managers" and is transitioning towards a team-based and institutionalized approach [14]. - Talent mobility within the industry is accelerating, with competition shifting from mere salary comparisons to diverse dimensions such as equity incentives and differentiated assessments [14]. - The industry is evolving from extensive growth to high-quality development, emphasizing long-term performance, risk management, and effective communication with investors [14]. Group 3: Team Management Model - The implementation of a team management model for fund managers is expected to increase, as highlighted in the new regulations aimed at enhancing core investment research capabilities [15]. - The team management model allows for resource integration and improved investment quality, while also posing challenges such as decision-making conflicts and coordination costs [16][17]. - This model reduces dependency on individual fund managers and enhances the stability of performance, but it requires careful management to avoid potential pitfalls [17].
高考体育生不少,为什么健身教练本科率不高?
36氪· 2025-06-24 00:10
以下文章来源于精练GymSquare ,作者晟杰 文 | 晟杰 来源| 精练GymSquare(ID:GymSquare) 封面来源 | unsplash 刚刚结束的高考,是千万考生的人生大考,也是运动健身行业潜在人才的一次补充良机。但根据早先央视 "48%健身教练无专业背景" 的报道,依然让这个 新兴的大运动行业稍显窘迫。 央视的报道具体提到:在入职1-3年的健身教练中,有52%是体育院校学生,其余48%为无专业背景,有些从业者甚至从未接触过健身行业。 健身教练平均 低学历、浅资历,早已成为社会层面关注的行业现象。 但作为健身教练的专业对口, 进入体育类大学的高考体育生却是持续增加的。 比如休闲体育、社会体育指导这两门典型的"健身教练专业",相应的储备人才正增长,最早从去年上半年开始,国内多省高考报考的体育术科生,就相较往 年创下新高。 精练GymSquare . 精练GYMSQUARE是中国领先的健身和运动生活方式产业服务品牌。通过深度和前沿的行业洞察,服务中国健身和健康新经济,持续聚焦大健身产业、教 练职业和用户运动趋势。我们强调原创与价值创造:与精益练习者,建造自由运动广场。 高校体育人才,健身房迫切 ...
腾讯视频的“笨办法”,能否缓解行业的焦虑?
Sou Hu Cai Jing· 2025-06-23 22:42
2025年6月23日刊| 总第4006期 去年以来,面对微短剧的迅速崛起、AI技术的日新月异、长剧弃剧率的增加,承担最大压力的可能是长视频平台。由于缺乏外来资本的流入,电视台购 买力下降,从业者普遍将视频平台视为主心骨。 它们既要对行业现状做出准确的估计,又要及时做出预测和选择,在困惑中探寻出路。 这个过程并不容易。腾讯公司副总裁、腾讯在线视频董事长孙忠怀在今天的演讲中说:"我和我的团队并非超能异族,没办法随心所欲塑造行业和业务, 所以我们选择最笨的办法来应对。" "最笨的办法"指的是专业主义和长期主义。腾讯视频在近两年的成绩有目共睹,爆款频出,满足各圈层喜好的口碑之作梯次分布,用行动证明了"好作品 自会发声",也帮助行业在万千挑战中窥见一缕熹光。 首先说生存。这不是一个新鲜话题,尤其在资本寒潮到来之后,长视频平台由攻转守,降本、增效、开源成为主流,后来又面临短视频、微短剧等其他娱 乐形式的冲击,生存问题变成了悬在从业者头上的达摩克利斯之剑。 在今天举行的2025腾讯视频影视年度发布上,腾讯在线视频BU执行委员会三人核心决策小组成员——董事长孙忠怀、首席运营官马延琨、首席内容官王 娟,集体亮相并分别发表重磅演 ...
护工更专业 家属少奔波 广东医疗机构试点免陪照护服务(探访)
Ren Min Ri Bao· 2025-06-23 21:44
早上7点,位于广州市的广东省中医院大德路总院内,医疗护理员雷华美正在照护住院患者罗阿姨。 这次住院,罗阿姨没咋"拖累"家里人。这是因为,她体验了该院的免陪照护服务。 "护理员是医院派的,信得过。"罗阿姨说,护理员除了根据呼叫前来照顾,还会定期巡看病房,并陪同 病患进行检查、康复锻炼,服务很全面,家人只需下班后过来探望就够了。 今年4月,广东省卫生健康委等九部门出台《广东省医疗机构提供免陪照护服务试点工作方案》,确定 广州、深圳、汕头等8座城市作为省级首批试点地区,围绕建立管理机制、完善支付机制、合理推进试 点、加强支持保障等方面开展探索。 提供免陪照护服务的医疗护理员,护理质量如何?据介绍,试点医院从社会上招聘有一定经验的护理 员,并对标相关国家职业标准开展岗前培训,力争从源头上保障护理质量。 根据广东省公立医院免陪照护服务价格标准,免陪照护服务实行分级收费:基础服务为"一对三"护理, 即当班医疗护理员同时为3名患者提供服务,每名患者每日最高收费140元;相应的,"一对二"护 理、"一对一"护理,分别为180元、280元。罗阿姨选的是"一对三"护理,对性价比感到满意:"收费合 理,比让孩子请假划算。" "我们 ...
试点引入资深专业机构投资者制度 精准识别优质科技型企业提升定价效率
Zheng Quan Ri Bao· 2025-06-23 16:46
精准识别优质科技型企业将迎来新"帮手"。6月18日,证监会发布《关于在科创板设置科创成长层增强 制度包容性适应性的意见》(简称《科创板意见》,即科创板深化改革"1+6"政策措施),对于适用科创 板第五套上市标准的企业,试点引入资深专业机构投资者制度。 在市场人士看来,试点引入资深专业机构投资者制度,有助于发挥市场化机构的优势,精准识别优质科 技型企业,提高定价效率,提高资本市场资源配置的精准性;同时,有助于引导长期资本投早、投小、 投长期、投硬科技。 水木资本董事长、母基金研究中心创始人唐劲草在接受《证券日报》记者采访时表示,这一制度创新是 资本市场支持科技创新的关键一步,其成效取决于配套细则的精准落地和配套机制的协同优化。未来需 持续关注资深专业机构投资者的行为规范、市场定价效率的变化,以及未盈利企业的长期发展,确保政 策既能提升资源配置效率,又能有效保护中小投资者合法权益。 发挥专业机构独特优势 弥补传统审核机制短板 去年6月份,证监会发布的《关于深化科创板改革服务科技创新和新质生产力发展的八条措施》提出, 进一步完善科技型企业精准识别机制,发挥好市场机制作用。 对于如何发挥市场化力量精准识别科技型企业, ...
《F1》电影:布拉德·皮特主演,价值 3 亿刀的 iPhone 广告
3 6 Ke· 2025-06-23 02:33
由布莱德·皮特主演的《F1 :狂飙飞车》,即将上映。 这部取材自世界最顶尖赛车运动的电影,苹果的原创影视内容部门 Apple Originals 投拍,由阿汤哥主演的《壮志凌云 2》的原班班底操刀,强调真实 F1 赛场电光石火的竞技比拼。 当然,我们更关心其中的技术细节:作为苹果的当家产品,iPhone 为这部好莱坞大片贡献了大量镜头——在时速 300 公里 F1 赛车上,拍出了这项赛事最 为刺激的车内视角。 苹果是怎么做到的? 《F1 :狂飙飞车》电影海报. 图片来自:Apple 时速 300 公里,iPhone 如何征服 F1 如果你看过 F1 比赛直播,一定对车上镜头印象深刻——这些都是在高速竞技过程中实施拍摄并直播/转播的画面,而这些镜头是由安装在赛车上的 T-cam 摄像模组完成拍摄的(下图): 左图为 T-cam,右图为 F1 赛车直转播画面中 T-cam 拍摄的画面。 图片来自:reddit、F1 T-cam 不仅得足够轻,也要足够强韧,才能经得起高速赛车时的极端震动与高温。与此同时,还得以高帧率捕捉赛车画面细节,并通过无线发射模块传回 直转播中心,确保赛事画面能够多角度、高质量地呈现给观众。 ...
健全机制 精准识别优质科创企业
Group 1 - The core idea of the news is the introduction of a system for professional institutional investors in the Sci-Tech Innovation Board to enhance the identification and evaluation of technology companies' innovation attributes and business prospects [1][2] - The introduction of professional institutional investors aims to address the valuation challenges faced by unprofitable technology companies, which often have high R&D costs and long commercialization cycles [1][2] - The system is expected to help improve the identification of quality technology companies by leveraging the expertise and investment experience of professional institutional investors [1][2] Group 2 - The Shanghai Stock Exchange is developing relevant business rules to define the standards for recognizing professional institutional investors and to strengthen self-regulation [2] - The trial implementation of this system is based on successful practices from mature overseas markets, where private equity and venture capital have played crucial roles in commercializing advanced technologies [2][3] - The system will initially be limited to companies meeting the fifth set of listing standards, serving as a reference for review rather than a new listing condition [3] Group 3 - The introduction of professional institutional investors is seen as a way to attract long-term capital into the market, stabilizing the stock market and reducing capital volatility [3][4] - The Hong Kong Stock Exchange has implemented a similar system since 2018, which has shown positive results in terms of revenue growth and reduced losses for companies listed under specific rules [4] - The growth of diverse investment entities, including government investment funds and private equity, has been supported by national policies promoting technological innovation [5]
正本清源 发挥国资创投主渠道作用
Group 1 - The core viewpoint is that state-owned capital venture investment (国资创投) is becoming a dominant force in China's equity investment market, injecting stable funding and targeting new productive forces, thus playing a crucial role in the development of strategic emerging industries [1][2] - In 2023, over 50% of newly raised funds in various scales had state-owned capital backgrounds, with 100 billion yuan and above funds exclusively managed by state-owned capital [2][3] - The trend of state-owned capital and government-guided funds accounted for 77.43% of total fund subscriptions in 2023, increasing to 81.58% in 2024 [3] Group 2 - Challenges faced by state-owned venture capital include the need for clarity on the legal status of state-owned fund managers, as current regulations restrict state-owned entities from being general partners [2][12] - There is a prominent issue of homogenized competition among local governments, leading to overlapping investment strategies in popular sectors like AI and renewable energy, which increases the risk of bubbles and overcapacity [3][4] - The operational model of state-owned venture capital deviates from market-oriented practices, with weakened incentive mechanisms and bureaucratic decision-making processes [4][5] Group 3 - The recruitment process for talent in state-owned venture capital lacks autonomy and competitiveness, making it difficult to attract skilled professionals [5][6] - The assessment mechanisms for state-owned venture capital do not align with the unique characteristics of the venture capital industry, focusing instead on immediate financial metrics like revenue and profit [6][16] - The exit procedures for investments are complex and face rigid constraints, complicating the liquidation of funds and the recovery of investments [7][8] Group 4 - Recommendations include revising the partnership law to grant legal status to state-owned venture capital as general partners, reflecting the industry's evolution over the past two decades [12][18] - Local governments should develop industries based on their unique resource endowments, avoiding blind investments in trending sectors without local advantages [13][14] - Establishing market-oriented incentive mechanisms and independent decision-making processes is essential for the healthy development of state-owned venture capital [14][15]
区块链专业是冷门专业吗,看完你就明白了?一文带你全面了解
Sou Hu Cai Jing· 2025-06-22 16:14
Group 1 - The blockchain major is not a niche field, supported by strong industry demand across various sectors such as finance, supply chain, healthcare, and government, indicating a broad job market for professionals [3][4][5] - Government policies are actively promoting blockchain technology, integrating it into "new infrastructure" initiatives, which fosters innovation and attracts educational institutions to develop relevant programs [4][5] - Educational institutions are increasingly offering blockchain-related programs and courses, reflecting the growing importance and potential of the blockchain field [5] Group 2 - Students in the blockchain major must acquire foundational knowledge in computer science, mathematics, and cryptography, which are essential for building and securing blockchain systems [7][8] - Core technologies of blockchain, such as distributed ledgers, consensus mechanisms, and smart contracts, are critical areas of study for students [8][11] - Practical skills in blockchain application development are emphasized, including the use of frameworks like Ethereum and Hyperledger Fabric for real-world project implementation [11] Group 3 - Graduates can pursue careers in blockchain technology research and development, focusing on optimizing platforms and developing new consensus algorithms [12] - There is a growing demand for blockchain application developers in various industries, including finance and supply chain, to create and maintain blockchain-based systems [13] - Project management roles in blockchain initiatives require professionals to coordinate resources and ensure project completion, highlighting the need for strong communication and management skills [14] - Consulting and research opportunities are available for blockchain professionals to provide insights and support for industry and government entities [15]
新高考首年咋报志愿?听招生老师细说端详
Zheng Zhou Ri Bao· 2025-06-22 00:29
Core Viewpoint - The new college entrance examination policy in Henan province introduces the "college major group" system, allowing students to fill in parallel volunteer applications for their preferred colleges and majors, enhancing their chances of admission and aligning their interests with their chosen fields of study [2][3][4]. Group 1: Understanding the "College Major Group" - The "college major group" is a new system that allows students to select a college and a corresponding group of majors based on their chosen subjects, differing from the previous model where students selected a college first and then a major [2]. - Each college can set up multiple "college major groups," each containing various majors that share the same subject requirements, which aims to improve students' satisfaction with their chosen majors [2][3]. Group 2: Filling in the "College Major Group" Applications - Students should carefully analyze the subject requirements of their target colleges to ensure compatibility with their chosen subjects, as different colleges may have varying requirements for the same major [3][4]. - It is recommended that students adopt a "reach, stable, and safety" strategy when selecting their college major groups to maximize their chances of admission while minimizing the risk of being rejected [4]. Group 3: New Opportunities and Challenges - The new policy allows each student to fill in 48 college major group applications, with the ability to select 6 majors within each group, significantly increasing their options [5]. - The Ministry of Education has introduced 29 new undergraduate majors, including fields like artificial intelligence and digital governance, providing students with more contemporary and interdisciplinary choices [5][6]. Group 4: Parental Guidance and Student Autonomy - Experts emphasize the importance of students choosing majors based on their interests and abilities rather than following trends, advising parents to support their children's decisions without imposing their preferences [6]. - The decision-making process regarding college applications should primarily rest with the students, as their interests are crucial for their academic success and future career prospects [6]. Group 5: Utilizing Historical Admission Data - Historical admission data can provide insights into the competitiveness of colleges and majors, helping students make informed decisions about their applications [8]. - Students are advised to analyze past admission trends to gauge the potential admission cut-off lines for their chosen college major groups, ensuring they select options that align with their scores [8]. Group 6: Practical Steps for Application Preparation - Students should familiarize themselves with the new examination policies and the specific admission guidelines of their target colleges to ensure a well-informed application process [9][10]. - A structured approach to selecting colleges and majors, including understanding the relationship between majors and career paths, is essential for making effective choices [10][11].