Core Viewpoint - The recent changes in fund management personnel within the public fund industry reflect a growing emphasis on team collaboration and strategic adjustments in response to individual career plans and performance evaluations [1][5][6] Group 1: Fund Manager Changes - Notable fund managers have stepped down from their roles, including Liu Gesong from GF Fund and Dong Li from Xingzheng Global Fund, indicating a trend of high-profile departures [1][3] - Liu Gesong's resignation from the GF Multi-Asset Fund, which had a scale of 1.832 billion yuan, marks his return to a previous role after over four years [2] - Dong Li's management of the Xingquan Trend Investment Fund, which saw its scale drop from over 150 billion yuan to around 20 billion yuan, has raised concerns in the market [3] Group 2: Team Management and Collaboration - The trend of appointing additional fund managers to co-manage funds is becoming more common, reflecting a strategic shift towards collaborative management [1][4] - The rationale behind co-management includes mentoring new managers, sharing management responsibilities, and ensuring smooth transitions in case of upcoming departures [5][6] - The industry is moving towards a platform-based and team-oriented approach, reducing reliance on individual fund managers and enhancing overall decision-making efficiency [6]