11月7日，兴证全球基金公告，公司原总经理庄园芳升任董事长。 知名公募迎来新任董事长与总经理！ 11月7日，兴证全球基金公告称，公司原总经理庄园芳升任董事长，公司原副总经理陈锦泉自2025年11月6日起担任公司总经理、财务负责人。 据了解，庄园芳和陈锦泉都是从业多年的资管老将，且均是投研出身，拥有丰富的投研经验，且在兴证全球基金任职均超10年。 对于此次高管变更，兴证全球基金表示，两位领导都非常尊重专业，坚守责任文化，也有多年合作的默契，公司管理层的平稳更迭，为公司持续稳定发展创造了良 好的条件。 庄园芳升任兴证全球基金董事长 | 新任高级管理人员职务 | 总经理、财务负责人 | | --- | --- | | 新任高级管理人员姓名 | 陈锦泉 | | 是否经中国证监会核准取得高管任职资格 | 不适用 | | 中国证监会核准高管任职资格的日期 | 不适用 | | 任职目期 | 2025年11月6日 | | 过往从业经历 | 历任华安证券股份有限公司证券投资总部 | | | 投资经理,平安保险资产运营中心高级组 | | | 合经理,平安资产管理公司投资管理部副 | | | 总经理,自2010年8月加入兴证全球基 ...

Core Points - The core point of the news is the executive changes at Xingquan Fund, with Zhuang Yuanfang being promoted to Chairman and Chen Jinqian taking over as General Manager, reflecting a continuity in leadership style and investment philosophy [1][4]. Group 1: Executive Changes - Zhuang Yuanfang has been appointed as the Chairman of Xingquan Fund, having previously served as General Manager and Vice Chairman [1][4]. - Chen Jinqian, who has over 26 years of investment research experience, has been appointed as the new General Manager and Financial Responsible Person, succeeding Zhuang Yuanfang [1][6]. Group 2: Company Background - Xingquan Fund was established on September 30, 2003, originally named Xingye Fund, and has undergone several changes in ownership and name, officially becoming Xingquan Fund in March 2020 [1]. - As of the end of Q3 this year, Xingquan Fund's management scale reached 741.432 billion yuan, ranking 18th among 162 licensed public fund institutions in the market, with a non-money market fund scale of 288.832 billion yuan [1][5]. Group 3: Leadership Experience - Zhuang Yuanfang has over 33 years of experience in asset management, having joined Xingye Securities in 1992 and served in various leadership roles, including Vice President and Chairman of Xingquan Fund [1][4]. - Chen Jinqian entered the securities industry in 1999 and has held multiple positions within Xingquan Fund since joining in 2010, including Vice General Manager and Director of Fixed Income [1][6]. Group 4: Industry Context - The year has seen a significant turnover in public fund executives, with over 300 changes reported, including 83 chairpersons and 69 general managers, indicating a high frequency of leadership changes in the industry [7]. - The reasons for these changes include age-related retirements, strategic adjustments to meet competitive pressures, and internal role rotations [7].

Core Viewpoint - The frequent changes in senior management within public fund companies reflect a competitive industry environment and personal career planning, with a total of 129 fund managers experiencing leadership changes in 2023, involving 318 individuals [1][2][3] Group 1: Management Changes - As of October 16, 2023, 129 fund management companies have reported changes in senior management, with a total of 318 individuals affected, including chairpersons and general managers [1][2] - Notable changes include the resignation of Cao Qi and Deng Xianhu from Taiping Fund, with Liu Dong taking over as general manager [1] - Other significant changes include Huang Wei's departure from Xinjiang Qianhai United Fund and Jiang Xiangyang's resignation from Bosera Fund, with Zhang Dong stepping in as the new chairman and acting general manager [1][2] Group 2: Reasons for Changes - The frequent changes in public fund management are attributed to personal career planning, intense industry competition, and increased pressure from performance assessments [2][3] - Analysts suggest that the competitive landscape, along with stricter evaluations from shareholders, has led to higher turnover rates among executives, particularly in smaller firms facing survival challenges [2][3] Group 3: Impact of Changes - Changes at the chairman level can significantly affect daily operations and business development, although strong new leadership may lead to positive outcomes [3][4] - The effectiveness of transitions depends on the new executives' ability to maintain business continuity and resource alignment [4]

Core Viewpoint - The retirement of He Yanping marks the end of an era for Western Leading Fund, which has significantly grown under her leadership from a management scale of less than 10 billion to over 110 billion [2][3]. Company Overview - He Yanping served as the General Manager of Western Leading Fund for nearly 10 years, implementing innovative management concepts such as the "modular matrix structure" and the "WISE investment decision support platform" [2][3]. - Under her leadership, the fund's public management scale increased from less than 10 billion to over 110 billion, ranking it 55th in the market by the time of her departure [3]. - The number of public funds managed by the company expanded from 7 to 74 during her tenure, indicating a significant diversification of its product line [3]. Management Transition - He Yanping's retirement was effective on October 4, 2025, and He Fang, who has over 20 years of experience in the securities industry, has taken over as the acting General Manager [4][5]. - The company has not yet announced a new General Manager or a specific transition plan [6]. Recent Challenges - The company faced a public relations crisis prior to the National Day holiday, involving a fund manager's gambling incident, which raised concerns about the company's compliance and response to the situation [2][6]. - The handling of the incident was criticized for being slow, which may have exacerbated market speculation regarding the company's internal management [9]. Industry Context - The trend of "age retirement" among fund executives has been prevalent in the industry this year, with over ten high-level executives retiring for this reason [9]. - The transition of leadership is seen as a natural process that allows for the emergence of new talent and may inject new dynamics into the industry [9].

Group 1 - The public fund industry experienced 306 executive changes in the first three quarters of 2025, involving 124 fund companies, including those with public fund licenses and securities asset management firms [1][3] - Compared to the same period last year, the total number of executive changes slightly decreased, but the number of companies involved increased by 122 [1][3] - The frequency of chairman changes was higher, with the number of chairman changes and the number of companies involved increasing by 34.55% and 23.33% year-on-year, respectively [1][3] - In contrast, the number of general manager changes and the number of companies involved decreased by 9.52% and 25.64% year-on-year, respectively [1][3]

Core Viewpoint - The recent leadership change at Xingyin Fund highlights the ongoing trend of executive turnover in the public fund industry, with significant implications for management strategies and operational synergies within the sector [1][4]. Group 1: Leadership Changes - Xingyin Fund appointed Huang Deliang as the new chairman, replacing the previous chairman Wu Ruoman, with General Manager Yi Yong no longer acting in the chairman role [1][2]. - Huang Deliang has extensive experience in the financial sector, having worked in various roles across banking, trust, and securities for nearly 30 years, which is expected to enhance the collaboration between the fund and its controlling shareholder, Huafu Securities [2][3]. - The public fund industry has seen a high frequency of executive changes, with 114 fund companies experiencing management shifts this year, including 35 chairperson changes [4][5]. Group 2: Company Background - Xingyin Fund, originally known as Huafu Fund Management Co., was established in October 2013 with a registered capital of 143 million yuan [3]. - As of June 30, 2025, Xingyin Fund's public fund management scale reached 109.685 billion yuan, with nearly 10 billion yuan growth in non-monetary public funds since the beginning of the year [3]. Group 3: Industry Trends - The public fund industry is experiencing a notable increase in executive turnover, with a significant number of changes attributed to age-related retirements and strategic adjustments by controlling shareholders [5].

Core Viewpoint - The recent leadership changes at Xingyin Fund highlight a trend of frequent executive turnover in the public fund industry, with a focus on enhancing collaboration between fund companies and their controlling shareholders [1][2][4]. Group 1: Leadership Changes - Xingyin Fund appointed Huang Deliang as the new chairman, replacing the previous chairman Wu Ruoman, with General Manager Yi Yong no longer serving as acting chairman [1]. - Huang Deliang has extensive experience in the financial sector, having worked in various roles across banking, trust, and securities for nearly 30 years, which is expected to strengthen the collaboration between the fund and its controlling shareholder, Huafu Securities [2][3]. - The public fund industry has seen significant executive changes this year, with 114 fund companies experiencing management changes, including 35 chairperson transitions [4][5]. Group 2: Company Background - Xingyin Fund, originally established as Huafu Fund Management Co., Ltd. in October 2013, has a registered capital of 143 million yuan and a public fund management scale of 109.685 billion yuan as of June 30, 2025, with a nearly 10 billion yuan increase in non-monetary public fund scale since the beginning of the year [3].

Core Viewpoint - The retirement of Pan Fuxiang, the chairman of Nord Fund, marks a significant leadership change in the company, reflecting a broader trend of frequent executive turnover in the public fund industry this year, with 38 fund management institutions experiencing chairman changes [1][9]. Group 1: Leadership Change - Pan Fuxiang officially retired on August 29, 2023, after serving as chairman since 2015, contributing to the company's growth with assets under management increasing nearly ninefold from the end of 2015 to July 2025 [3]. - Zheng Chengwu, the new chairman, comes from the company's shareholder, Tianfu Qingyuan Holdings, and has extensive experience in various leadership roles within related organizations [6]. Group 2: Industry Trends - The public fund industry has seen a notable increase in chairman changes this year, with 38 companies reporting such changes, indicating a trend of aging retirements and strategic adjustments by shareholders [9]. - The frequent turnover of executives is attributed to the competitive nature of the public fund industry, where leadership changes are common, and the impact on fund operations is generally minimal due to the focus on research and investment [9]. Group 3: Company Overview - Nord Fund, established in 2006, has evolved through various ownership structures and currently operates under a local state-owned enterprise model, emphasizing a core development philosophy centered on stable investment and long-term value [4]. - The company manages 44 public fund products across various categories, including money market funds, bond funds, mixed funds, equity funds, and fund of funds (FOF) [4]. Group 4: Future Development - Nord Fund aims to maintain a prudent and stable operational approach, focusing on high-quality development and enhancing research capabilities to provide professional wealth management services to investors [7].

Core Viewpoint - The frequent changes in leadership within the public fund industry are highlighted, with a notable increase in retirements due to age and strategic adjustments by shareholders [1][6]. Group 1: Leadership Changes - On August 29, Nord Fund announced the retirement of Chairman Pan Fuxiang, effective August 29, 2025, marking a significant leadership transition [2][4]. - Pan Fuxiang has been a key figure in the fund since its establishment in 2006, contributing to a nearly ninefold increase in asset management scale from the end of 2015 to July 2025 [2][3]. - This year, a total of 38 fund management institutions have experienced changes in their chairpersons, indicating a trend of high turnover in the industry [6]. Group 2: New Leadership - Zheng Chengwu, currently the Deputy Secretary of the Party Committee and General Manager of Tianfu Qingyuan Holdings, will succeed Pan Fuxiang as the new Chairman of Nord Fund [4]. - Zheng has extensive experience in various leadership roles within companies associated with Tsinghua University, indicating a continuity of leadership with a strong educational background [4]. Group 3: Company Overview - Nord Fund, established in 2006, has undergone significant changes in its shareholder structure, evolving from a Sino-foreign joint venture to a locally state-owned entity [3]. - The company currently manages 44 public fund products across various categories, including money market funds, bond funds, mixed funds, equity funds, and FOF funds [3]. Group 4: Future Development - Nord Fund aims to adhere to a principle of prudent and stable management, focusing on high-quality development and enhancing its investment research capabilities [5]. - The company emphasizes its commitment to investor interests and aims to provide professional and efficient wealth management services [5].

Core Viewpoint - The frequent changes in leadership positions within public fund management companies indicate a dynamic environment in the industry, with over 30 chairperson changes reported this year alone [2][5]. Group 1: Leadership Changes - On August 23, Xinda Australia Fund announced the resignation of its chairperson, Zhu Ruimin, effective August 22, with Shang Jian taking over the role temporarily [1][3]. - Zhu Ruimin, aged 55, had been the general manager of Xinda Securities for nearly six years and held the chairperson position at Xinda Australia Fund since December 2019 [3]. - Following Zhu's resignation, both the general manager and chairperson roles at Xinda Australia Fund are being temporarily filled by existing senior executives [3]. Group 2: Industry Trends - Since the beginning of 2023, over 30 fund management institutions have experienced chairperson changes, reflecting a trend of high turnover among public fund executives [2][5]. - As of August 23, 2023, a total of 109 fund management institutions have reported executive changes, involving 253 executives, with the highest turnover among vice presidents at 88 [6][7]. - Notable recent chairperson changes include those at Huabao Fund, Dongwu Fund, Allianz Fund, and others, indicating a broader trend of leadership transitions across the industry [7][8]. Group 3: Company Background - Xinda Australia Fund, established on June 5, 2006, is the first fund management company in China controlled by a state-owned asset management company, with a management scale exceeding 100 billion [4]. - The company underwent a change in its actual controlling shareholder in June 2023, with the Ministry of Finance transferring its stake to Central Huijin, marking a significant shift in ownership [4].