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大揭秘!直击公募研究员的一天
Zhong Guo Ji Jin Bao· 2025-11-11 07:12
在公募基金领域,研究是投资的首要环节。好的研究不仅能为投资决策提供坚实的基础,还能帮助基金 经理把握市场动态,优化资产组合。 那么,基金公司的投研工作到底是怎样的?研究部每天都在忙些什么?本期让我们走进"基金大厂"之一 工银瑞信基金,一探究竟。 研究部是基金公司中的智囊团,专业性强,承担以投资为导向的研究职能,基于宏观经济环境、行业发 展趋势和公司经营特点,通过财务报告分析、上市公司沟通调研、参加路演会议等多种研究方式来挖掘 价值。 以工银瑞信基金为例,目前,其研究部共有医药组、TMT组、新能源组、金融地产组、周期组、海外 组、宏观策略组、数量组、消费组九大研究组,每个组均配备多名拥有专业背景的研究员,他们积极挖 掘各个细分板块的投资机会,在跌宕起伏的行情中,像"雷达"一样帮助基金经理在投资领域覆盖得更 广、挖得更深。 因此,研究员们的工作日程也通常紧凑充实,每日清晨开始复盘隔夜市场动态,到达公司参加晨会开启 一天的工作,随后陆续参加各类策略研讨、企业调研、路演交流等等大小会议,并及时完成会议纪要、 调研笔记等。如果当日有大事发生,研究员要及时提供专业解读,遇到季报、半年报、年报发布的高峰 期,工作强度会明显 ...
大揭秘!直击公募研究员的一天
中国基金报· 2025-11-11 07:07
Core Insights - The article emphasizes the importance of research in public fund investment, highlighting that effective research provides a solid foundation for investment decisions and helps fund managers navigate market dynamics and optimize asset allocation [2]. Group 1: Research Department Overview - The research department at ICBC Credit Suisse Fund acts as a think tank, focusing on investment-oriented research based on macroeconomic conditions, industry trends, and company characteristics [2]. - The department consists of nine specialized research teams, including sectors like pharmaceuticals, TMT (Technology, Media, and Telecommunications), new energy, financial real estate, cyclical industries, overseas markets, macro strategy, quantitative analysis, and consumer sectors [2]. - Each team is staffed with multiple researchers who actively seek investment opportunities across various segments, functioning like "radars" to assist fund managers in broadening and deepening their investment coverage [2]. Group 2: Daily Activities of Researchers - Researchers' daily routines are characterized by a tight schedule, starting with a review of overnight market dynamics, followed by participation in morning meetings and various strategy discussions, company research, and roadshow communications [3]. - They are responsible for producing meeting minutes and research notes, and must provide timely professional interpretations of significant events, especially during peak reporting periods for quarterly, semi-annual, and annual reports [4]. Group 3: Professional Development and Research Focus - The high-intensity research environment contributes to the professional development of researchers, with a typical career progression from research assistant to researcher, mid-level researcher, senior researcher, assistant fund manager, and fund manager [4]. - Research directions are broadly categorized into two types: macro research (including macroeconomic, strategy, bond, and quantitative research) and industry research (covering sectors like computing, electronics, finance, pharmaceuticals, and consumer goods) [4].