Core Viewpoint - The recent trend of fund managers publicly disclosing their personal fund portfolios on platforms like Tian Tian Fund has gained momentum, showcasing their investment strategies and performance, which has implications for investor trust and engagement [2][6]. Group 1: Fund Manager Performance - Fund managers such as Ren Jie from Yongying Fund reported a remarkable return of over 55% in less than two months for his technology-focused portfolio [2][3]. - Chen Bo from Shangyin Fund achieved a return of 6.54% with a dual-fund strategy, allocating 70% to Shangyin Future Life Flexible Allocation Mixed Fund and 30% to Shangyin Xinda Flexible Allocation Mixed Fund [3]. - Liu Junwen from Xinyuan Fund, despite a negative return of -0.89% on his "Defensive Counterattack" portfolio, demonstrated confidence by adding 300,000 yuan to his investment [3]. Group 2: Investment Strategies and Trends - The practice of "real-time display" allows fund managers to share their portfolio adjustments and performance, enhancing transparency and accountability [2][4]. - Fund managers are increasingly using social media to bridge the gap with investors, creating a sense of shared interest and commitment to performance [2][6]. - The trend of fund managers investing their own money into their products is seen as a way to align their interests with those of their investors, fostering a sense of shared risk and reward [6][7]. Group 3: Industry Dynamics - The rise of real-time portfolio disclosures is reshaping the trust mechanisms within the fund industry, as personal investments by fund managers resonate more with retail investors compared to large-scale company buybacks [6][7]. - The competitive landscape is evolving, with platforms encouraging fund managers to engage in content creation and portfolio updates, which adds to their workload [6]. - Some industry professionals express concerns about the regulatory risks associated with fund managers publicly sharing their investment strategies [7].