第一，投顾业务是一件有意义的事情，无论是从海外还是国内的实践经验上来看，投顾都为投资者带来 了良好的投资收益体验，重点是要基于客户体验来做买方投顾业务。 第二，基于公司层面来看买方投顾业务是一个长久期的投资。投顾是难而慢的过程，但正因如此，积累 沉淀所形成的竞争壁垒也非常高。正如做长久期的投资，预期回报很高但中间波动也会很大，实践中买 方机构会面临一些比较艰难的时刻，但仍然要坚持"业务立足于客户来做"这个核心要素不变，正确的顶 层设计决定了业务的大方向。 对于招商基金开展买方投顾的业务模式，马晓蕾介绍道，招商基金是以独立团队做投顾业务，考核上更 注重客户的盈利体验、复购、留存情况，和公司其他业务线有所不同。对于团队里的组合经理，重点是 考核能否相对平稳地给客户创造超额价值和盈利。正确的考核体系给了整个团队底气和信心，去更从容 的面对市场的变化。 新华财经北京11月27日电 由中国经济信息社主办，中共广州市委金融委员会办公室、新华社广东分社 支持的"2025广州投资顾问大会暨财富管理转型发展会议"，于11月26日-27日在广州南沙隆重举行。 在26日的主会场"买方投顾实践探索"主题讨论环节，与会嘉宾围绕"从'卖 ...

Group 1 - The core viewpoint of the report highlights that index funds are a key focus for fund companies' future strategies, with 72 index funds, 33 mixed funds, and 6 QDII funds being the top three types in June [1][4][5] - The first batch of 10 Sci-Tech Innovation Bond ETFs has been successfully approved, which includes 6 tracking the AAA Sci-Tech Bond Index, 3 tracking the Shanghai AAA Sci-Tech Bond Index, and 1 tracking the Shenzhen AAA Sci-Tech Bond Index, reflecting the overall performance of bonds from technology innovation companies [1][8] - The rapid approval of these ETFs demonstrates efficient collaboration between policy and market, enriching the ETF product system in China and guiding funds towards the technology innovation sector [1][8] Group 2 - The report indicates that the Shanghai Stock Exchange's broad-based ETF products are expanding, with the Shanghai 380 Index focusing on mid-cap stocks and the Shanghai 580 Index on small-cap stocks, providing more refined investment tools for investors [2][14] - In June, three fund companies received approvals for establishing branch institutions, including E Fund, which set up a wealth management sales subsidiary in Guangzhou, and Xingsheng Global Fund, which established a subsidiary in Singapore [2][15][17] Group 3 - The report details that in June, there were 130 fund products accepted by the CSRC, a decrease from 154 in the previous month, with notable increases in FOF and stock funds, while index and mixed funds saw declines [4][5] - The approval of the first batch of Sci-Tech Innovation Bond ETFs is significant for the market, as it allows for better tracking of the performance of technology innovation bonds and enhances capital market support for this sector [8][12] Group 4 - The report outlines that the establishment of new subsidiaries by fund companies is aimed at enhancing their service capabilities and expanding their market reach, with E Fund focusing on buy-side investment advisory services [17][19] - The establishment of Xingsheng Global's subsidiary in Singapore is part of a broader strategy to enhance global business operations and improve product diversity [18][19]