Group 1 - Zhang Yifei, a senior fund manager at Anxin Fund, left the company on July 15 for personal reasons after 13 years, managing several funds that will now be taken over by Li Jun and Huang Wanshu [1] - Zhang expressed gratitude towards Anxin Fund in a public letter to investors, indicating his intention to continue in the asset management industry with a focus on long-term, stable, and risk-controlled absolute return investment strategies, leading to speculation about his potential move to the private equity sector [1][4] - The public fund industry has seen frequent talent movement, with many elite professionals transitioning to private equity, raising concerns about how to retain fixed-income talent [1] Group 2 - During his tenure, Zhang Yifei achieved notable performance with the Anxin Stable Growth Fund, which delivered positive returns annually over the past decade, with a maximum drawdown of only -7.20% and an annualized return of 6.19%, highlighting his strong investment style [2] - Despite Zhang's individual success, Anxin Fund's overall scale has been declining, with public fund assets dropping to 94 billion yuan, a decrease of nearly 25 billion yuan since the end of last year, although the fixed-income business has seen some growth [2] - Following Zhang's departure, Anxin Fund faces the challenge of filling the management gap he left and continuing to develop its fixed-income business, while the broader public fund industry must consider strategies to attract and retain talent, especially in popular sectors like fixed income [2][4]

Group 1 - The resignation of Chairman Zhang Yan marks a significant leadership change at Bank of China Fund Management, reflecting the challenges the company faces in expanding its equity investment capabilities despite its dominance in fixed income [1][2] - Zhang Yan's tenure saw the company's assets under management grow from 300 billion to 650 billion yuan, indicating substantial growth during his leadership [2][6] - The new acting chairman, Zhang Jiawen, has a strong background within the Bank of China system, having joined the fund management company in 2013 and held various positions [4][6] Group 2 - Bank of China Fund Management has a heavily skewed asset structure, with fixed income products accounting for a significant portion of its portfolio, as evidenced by 2,854.18 billion yuan in bond funds and only 67.73 billion yuan in equity funds [6][8] - The company has seen a 30% growth in assets over the past year, but the imbalance in its product offerings poses risks, particularly in volatile equity markets [8][10] - The fund management industry is experiencing a shift towards passive investment strategies, yet Bank of China Fund Management has only four ETFs with a total size of 2.436 billion yuan, lagging behind competitors [9][10] Group 3 - The new management faces critical challenges, including restructuring the equity research system, redefining product strategies, and innovating incentive mechanisms to enhance equity business performance [10][11] - The industry is witnessing a trend of wealth migration towards equity markets, necessitating a strategic pivot for Bank of China Fund Management to remain competitive [11] - The leadership change is seen as an opportunity for the company to reassess its strategies and potentially break free from its traditional reliance on fixed income products [11]

6月18日，鑫元基金发布高管变更公告，经公司董事会审议通过，任命张鹏飞为公司副总经理，任命杨晓宇为公司副总经理兼首席信息官。 张鹏飞历任华泰证券理财师、互联网产品设计师，浙商银行南京分行金融同业部营销岗，先后担任南京银行总行金融同业部产品策略部副经理、同业平台 管理部副经理（主持工作）、经理、金融同业部总经理助理、紫金山鑫合金融家俱乐部办公室主任职务。2022年12月起加入鑫元基金，现任公司总经理助 理。 杨晓宇历任北京宇信易诚科技有限公司系统架构项目经理、南京银行总行信息技术部程序开发岗、软件开发岗、副经理、经理。2022年12月起加入鑫元基 金管理有限公司，现任公司首席信息官。 从张鹏飞和杨晓宇的履历可以看出，两人在加入鑫元基金之前均在南京银行总行工作，并且两人在同一时间2022年12月加入鑫元基金，如今又在同一天升 任公司副总经理，这一系列巧合的背后更像是刻意的安排。 而值得注意的是，鑫元基金的现任董事长为龙艺女士，其1998年7月至2021年3月在鑫元基金的大股东南京银行任职，2021年4月加入鑫元基金担任党委书 记，2022年9月28日开始履行董事长职务。从时间线来看，龙艺开始担任鑫元基金董事长之后 ...

证券Ⅲ 第一创业（002797.SZ） 增持-A(维持) 2025 年 5 月 12 日 公司研究/公司快报 公司近一年市场表现 | 年 月 市场数据：2025 5 | 日 12 | | | --- | --- | --- | | 收盘价（元）： | | 6.94 | | 年内最高/最低（元）： | | 11.38/4.75 | | 流通 A 股/总股本（亿 | | 42.02/42.02 | | 股）： | | | | 流通 股市值（亿元）： A | | 291.65 | | 总市值（亿元）： | | 291.65 | | 年 基础数据：2025 | 月 3 | 日 31 | | | --- | --- | --- | --- | | 基本每股收益(元)： | | | 0.03 | | 摊薄每股收益(元)： | | | 0.03 | | 每股净资产(元)： | | | 4.09 | | 净资产收益率(%)： | | | 0.79 | | 资料来源：最闻 | | | | 刘丽 执业登记编码：S0760511050001 电话：0351--8686985 邮箱：liuli2@sxzq.com 孙田田 执业登记编 ...