当前，中国公募基金行业正迈入高质量发展的关键新阶段。随着经济结构向高质量转型升级不断深入， 作为资本市场"压舱石"和"稳定器"的公募基金，也正迎来发展路径的全面重塑。与此同时，行业竞争格 局持续优化，各类机构依托自身资源禀赋推进差异化布局，头部机构与中小机构之间的战略定位愈发清 晰。 随着监管政策持续引导行业回归资产管理本源，行业也在积极探索解决"基金赚钱、基民不赚钱"等问题 的有效路径。过去以规模扩张为导向的发展模式正在转变，取而代之的是一场围绕"投研核心化、服务 专业化、发展特色化"的全面升级。在这一进程中，国有公募基金因其独特的股东背景和资源禀赋，被 赋予了服务国家战略、践行金融报国的更高使命。它们将如何平衡市场化运营与政策性担当？如何在竞 争中开辟一条可持续的特色发展路径？这成为检验行业高质量发展成色的关键试金石。 近日，京管泰富基金总经理朱瑜在接受中国证券报记者专访时，结合公司实践，对这一问题给出了答 案。 服务大局 夯实高质量发展战略根基 "公募基金的高质量发展，首先体现在其战略定位与国家战略、实体经济发展需求的契合度上。"朱瑜开 宗明义地指出，"京管泰富从成立之初，就肩负着服务国家战略、赋能国企 ...

当前，中国公募基金行业正迈入高质量发展的关键新阶段。随着经济结构向高质量转型升级不断深入， 作为资本市场"压舱石"和"稳定器"的公募基金，也正迎来发展路径的全面重塑。与此同时，行业竞争格 局持续优化，各类机构依托自身资源禀赋推进差异化布局，头部机构与中小机构之间的战略定位愈发清 晰。 随着监管政策持续引导行业回归资产管理本源，行业也在积极探索解决"基金赚钱、基民不赚钱"等问题 的有效路径。过去以规模扩张为导向的发展模式正在转变，取而代之的是一场围绕"投研核心化、服务 专业化、发展特色化"的全面升级。在这一进程中，国有公募基金因其独特的股东背景和资源禀赋，被 赋予了服务国家战略、践行金融报国的更高使命。它们将如何平衡市场化运营与政策性担当？如何在竞 争中开辟一条可持续的特色发展路径？这成为检验行业高质量发展成色的关键试金石。 服务大局 夯实高质量发展战略根基 "公募基金的高质量发展，首先体现在其战略定位与国家战略、实体经济发展需求的契合度上。"朱瑜开 宗明义地指出，"京管泰富从成立之初，就肩负着服务国家战略、赋能国企改革、引领价值增长的使 命，这决定了我们必须走一条兼具市场效率与战略价值的发展路径。" 他进一步 ...

Core Viewpoint - The article highlights the growth and achievements of ICBC Credit Suisse Asset Management Company (工银瑞信基金) over the past 20 years, emphasizing its role in the high-quality development of the public fund industry in Beijing [1] Group 1: Company Overview - ICBC Credit Suisse Asset Management, established in 2005, is the first bank-affiliated fund company in China, managing over 2 trillion yuan in assets [1] - The company has served more than 90 million clients and leads the industry in pension fund management [1] Group 2: Industry Development - In September, under the guidance of the Beijing Securities Regulatory Bureau, a series of activities aimed at promoting high-quality development in the public fund sector were launched [1] - The theme of the activities is "New Era, New Fund, New Value," focusing on enhancing Beijing's role as a national financial management center and promoting the transformation and upgrading of the public fund industry [1] Group 3: Future Outlook - ICBC Credit Suisse expresses gratitude for the recognition it has received and commits to professionalism and collaboration as it moves forward on its long-term development path [1] - The company looks forward to its 20th anniversary in 2025, standing at a new starting point with new expectations [1]

Core Viewpoint - The leadership change at Bosera Asset Management has been officially confirmed, with Zhang Dong taking over as Chairman and acting General Manager following Jiang Xiangyang's resignation, marking a significant transition in the company's management structure [1][2]. Group 1: Management Changes - Jiang Xiangyang resigned as Chairman on October 15, 2025, after a decade of leadership, during which Bosera maintained a top ten position in the public fund industry [2][8]. - Zhang Dong, with over 36 years of experience in the financial sector, has been appointed as the new Chairman and will also serve as acting General Manager for a period not exceeding six months [1][5]. - Zhang Dong's previous roles include significant positions at China Merchants Bank, where he contributed to the development of the bank's wealth management system [6][9]. Group 2: Company Performance - Bosera Asset Management has achieved a management scale of 1.09 trillion yuan, ranking 8th among 214 public funds in China [9]. - In the first half of 2025, the company reported revenue of 2.356 billion yuan, a year-on-year increase of 6.36%, and a net profit of 763 million yuan, up 0.20% [9]. - The company has seen a significant increase in the performance of its equity products, with 17 products doubling their performance over the past year [9]. Group 3: Strategic Direction - Under Zhang Dong's leadership, Bosera aims to enhance its integrated investment research capabilities and provide multi-asset allocation solutions, focusing on value orientation and long-termism [10]. - The company plans to coordinate the development of fixed income and equity, active and passive management, and both domestic and international markets to create customer value and discover investment opportunities [10].

在2025年中国服贸会现场，国新国证基金通过多媒体展示、互动体验和专业咨询等多种形式，为参观者 生动讲解金融常识及反洗钱知识。在金融街核心商圈，国新国证基金通过设置游戏关卡、有奖问答、专 家咨询等环节，将金融知识转化为通俗易懂的趣味项目，让公众在轻松愉快的氛围中学习投资理财知 识。在什刹海街道养老文旅市集，国新国证基金聚焦银发群体的特殊需求，提供量身定制的防非反诈知 识科普，以实际行动守护百姓"钱袋子"。大家纷纷表示，这样的讲解"听得懂、记得住、用得上"，有效 提升了自身的风险识别和防范能力。通过一系列"接地气、有温度、诚意足"的实践活动，国新国证基金 深入不同场景、触达不同客群，生动诠释了公募基金高质量发展的时代内涵。 专题：北京公募基金高质量发展系列活动 新时代、新基金、新价值 近期，在北京证监局指导下，北京证券业协会携手北京四十余家公募基金管理人、基金销售机构、基金 评价机构以及多家主流媒体，共同启动"北京公募基金高质量发展系列活动"。国新国证基金积极响应活 动倡议，先后走进2025年中国国际服务贸易交易会、北京西城区金融街购物商圈、什刹海社区养老集市 等多元化场景，开展投资者保护系列活动，构建覆盖国际 ...

在北京公募基金高质量发展系列活动开展期间，为深入贯彻落实《推动公募基金高质量发展行动方案》 要求，惠升基金积极开展了公募高质量发展主题客户沙龙活动，为投资者讲解公募高质量发展相关政策 与对投资者的影响。 本次沙龙活动中，惠升基金向投资者重点解读，"公募基金高质量发展是从重规模向重投资者回报转 型"，力争增强投资者对公募基金行业的信任感。 专题：北京公募基金高质量发展系列活动 新时代、新基金、新价值 投资者信任是行业发展的基石。需建立"全周期陪伴"体系：售前精准匹配风险偏好，做好投资者教育； 售中通过图文等多种喜闻乐见的形式传递长期理念；售后定期披露产品相关信息。本次沙龙活动旨在通 过投资者教育与陪伴，用专业赢得投资的信任。 公募基金作为连接资本市场与居民财富的枢纽，其高质量发展关系亿万投资者福祉。惠升基金将继续 将"投资者利益至上"的理念融入每一次研究、每一次服务、每一次决策，并积极为投资者解读最新市场 咨询，以专业为支撑，用长期主义的坚守与务实高效的行动，共同书写基金行业高质量发展的新篇章。 责任编辑：江钰涵 ...

10月16日，博时基金发布高级管理人员变更公告，经博时基金第九届董事会2025年第五次临时会议决 议，同意江向阳先生因工作安排辞任公司董事长。博时基金党委书记、总经理张东正式接任该公司董事 长，同时自10月15日代为履行公司总经理职务，高管人员平稳过渡。 在10月16日举行的博时基金2025年第四季度投资联席会议上，张东首次以新任董事长身份亮相，系统阐 述了他对博时基金未来发展的战略思考。他表示，在推进公募基金高质量发展的过程中，博时基金一是 做客户价值的创造者；二是做投资价值的发现者；三是做"高质量发展"的引领者；四是做"金融强国"的 建设者。 业内人士认为，此次博时基金高级管理人员实现平稳交接，是该公司一贯稳健经营风格的体现。在公募 基金行业生态深刻变革、市场竞争进一步加剧的背景下，张东在金融和财富管理等领域积累的深厚发展 经验，有利于进一步发挥博时基金资源禀赋，为该公司未来的高质量发展增添优势。 在高层平稳过渡的同时，博时基金的业绩表现同样亮眼。近年来，该公司在持续巩固发挥固收优势的基 础上，权益业绩也得到明显提升。根据中国银河（601881）证券数据统计，过去两年(2023年9月1日— 2025年8月 ...

Core Viewpoint - The article discusses the "Action Plan for Promoting the High-Quality Development of Publicly Offered Funds," which aims to systematically reduce costs for investors and enhance investment returns through a series of fee reforms [1] Group 1: Fee Reduction Measures - The first phase of the fee reform focuses on lowering management fees and custody fees for actively managed equity funds, reducing rates from 1.5% to 1.2% and from 0.25% to below 0.2% respectively [2] - The second phase involves reducing the commission rates for stock trading, with limits set on the distribution of trading commissions for fund managers, ensuring that passive equity funds do not exceed the average market trading commission rate [2] Group 2: Direct Benefits to Investors - Subscription fees for equity, mixed, and bond funds have been significantly reduced, with new upper limits set at 0.8%, 0.5%, and 0.3% respectively, representing a decrease of approximately one-third to two-thirds from previous levels [3] - The new regulations eliminate sales service fees for shares held longer than one year (excluding money market funds), encouraging long-term investment and further reducing holding costs for investors [3] Group 3: Redemption Fee Mechanism Optimization - The redemption fee structure has been simplified to better protect the interests of long-term holders, with fees now fully allocated to the fund's assets, compensating remaining investors for costs incurred due to redemptions [4] Group 4: Sales Behavior Regulation - The proposal prohibits "double charging," requiring investment advisory firms to choose between charging advisory fees or client maintenance fees, promoting a focus on value creation for investors [5] - Strict regulations against improper benefit transfers are enforced to ensure that sales recommendations prioritize investor needs rather than commission incentives [5] - The cumulative effect of these reforms is projected to save investors over 50 billion yuan annually, marking a significant shift from a "channel-driven" to a "service-driven" industry model [5]

专题：北京公募基金高质量发展系列活动 新时代、新基金、新价值 为积极响应北京辖区"新时代・新基金・新价值"公募基金高质量发展行动号召，10月14日，泰康基金、 嘉实基金、国联基金、中邮基金、度小满五家在京金融机构齐聚北京市朝阳区芍药居社区，联合开 展"金融知识进社区"健康财富知识竞赛活动。活动以趣味竞赛为抓手，将专业金融知识转化为通俗易懂 的实用内容，致力于提升社区居民金融素养，守护居民财富安全，彰显金融机构践行普惠金融的责任担 当。 此次活动是9月多家机构社区投教活动的延续与升级，精准聚焦社区居民核心需求，尤其关注老年群体 的养老财富管理与风险防范意识提升。活动现场，"新时代・新基金・新价值"主题展架醒目陈列，通过 图文结合的方式，深入解读公募基金高质量发展行动方案的核心目标与精神内涵。《公募基金基础知识 手册》《养老财富风险防范指南》等宣传资料整齐摆放，工作人员主动上前，热情地向过往居民发放资 料，并耐心讲解其中的关键内容，吸引众多居民驻足咨询，让金融知识在社区中"活"了起来。 2025年10月15日 MACD金叉信号形成，这些股涨势不错！ 责任编辑：江钰涵 拆解复杂概念，为参赛队伍答疑解惑，不仅助力各小 ...

Group 1 - The core theme of the event is "New Era, New Fund, New Value," aimed at promoting high-quality development in the public fund industry in Beijing [3] - The initiative is guided by the Beijing Securities Regulatory Bureau and involves collaboration with various stakeholders, including fund managers, sales institutions, evaluation agencies, and mainstream media [3] - The activities will span over a month and focus on enhancing investor education and protection, facilitating the transformation and upgrading of the public fund industry, and improving its service capabilities to the real economy [3] Group 2 - Huashang Fund is actively promoting financial and investment knowledge, advocating for long-term and rational investment concepts, and enhancing public awareness of risk prevention [3] - The event aims to create a new brand for high-quality financial development in Beijing [3]