2026年1月23日的上海国际会议中心，嘉实基金2026投资策略峰会尚未正式开始，会场已座无虚席。 在2026年这个从"流动性驱动"转向"盈利驱动"的关键年份，嘉实基金这家成立近27年的基金公司没有选 择激进的口号，而是回归了投资的本源——适时播种、耐心浇灌。 日月其迈，时岁盛新，恰是投资好时节。 本次峰会以"投资好时节"为主题，不仅点明万物有时节，投资也要知时节、懂方位。通过峰会不难看出 嘉实基金的打法，以"平台化投研"为核心指点，携硬科技与稳价值双线布局，并以胜率思维重构多资产 配置逻辑，与投资者一起锚定投资新蓝图。 在公募基金规模突破37万亿元的行业大背景下，嘉实基金用二十余年时间沉淀的平台化能力与长期主义 坚守，正成为其穿越市场周期、实现持续发展的核心密码。 投研体系化制胜 展现平台化投资能力 这不是一场单一视角的投资报告会，而是一次平台化投资能力的展示。 纵观整体议程，这次峰会设置了多个专题板块，从宏观经济周期研判到大类资产分析、再到细分赛道机 会挖掘，覆盖了当前市场关注的热点领域，呈现出多维度、立体化的全景式策略输出，令人印象深刻。 会场内，嘉实基金董事长安国勇开场致辞后，针对不同投资领域的主题演 ...

Group 1 - The core viewpoint of the article highlights significant changes in leadership within public fund companies, with over 50 companies experiencing changes in chairpersons or general managers this year, representing about 30% of the total public fund companies [1] - A total of 36 public fund companies have welcomed new chairpersons and 29 have appointed new general managers, with some companies experiencing changes in both positions [2] - Major public fund companies such as E Fund, China Merchants Fund, Bosera Fund, and Xingsheng Global Fund have undergone leadership changes, indicating a trend among larger firms [2] Group 2 - The new leaders in public fund companies come from diverse backgrounds, with some having long tenures in specific institutions while others possess cross-institutional experience [3] - For instance, E Fund's general manager has been involved since the company's inception, while China Merchants Fund's chairperson has over 28 years of experience at China Merchants Bank [3] - The industry recognizes that both specialized and cross-disciplinary backgrounds can bring unique advantages to the companies [3] Group 3 - The common direction for many public fund companies following leadership changes is a focus on "high-quality development," with varying strategies to achieve this goal [4] - Companies are emphasizing the development of index investments, diversification of asset allocation, and the establishment of platform-based research and investment [4] - Specific strategies include Bosera Fund's focus on coordinating development across various investment types and channels, while China Merchants Fund aims to enhance multi-asset allocation and create a new ecosystem for high-quality development [4]

Core Viewpoint - The Chinese public fund industry is undergoing a historic transformation, shifting focus from mere scale expansion to quality improvement and sustainable growth, with a consensus on enhancing equity investment capabilities as a core issue [1][2]. Group 1: Industry Trends - The total scale of the public fund industry has surpassed 35 trillion yuan, indicating a significant milestone in its development [1]. - The emphasis on a platform-based, integrated, and multi-strategy research and investment system is replacing the previous reliance on individual fund managers [2]. - The "Action Plan for Promoting High-Quality Development of Public Funds" calls for a substantial increase in the scale and proportion of equity investments [1]. Group 2: Company Transformation - Jianxin Fund exemplifies the trend of enhancing equity investment capabilities, with total assets under management exceeding 1.43 trillion yuan and serving nearly 93 million clients as of mid-2025 [1]. - The company is systematically transforming its research and investment framework, product design, risk control system, and corporate culture to align with its strategic shift [1][2]. Group 3: Research and Investment System - Jianxin Fund has initiated a comprehensive upgrade of its research and investment system, aiming to establish a systematic and platform-based capability [3]. - The "3+3+3+1" integrated research framework includes three key investment departments (equity, fixed income, multi-asset), three strategic business departments (quantitative, overseas, REITs), and three flexible research platforms [3]. Group 4: Product Strategy - Jianxin Fund has accelerated the innovation and layout of equity products, focusing on a "pyramid-shaped" product system that covers various asset classes [8][10]. - As of June 30, 2025, over 64% of Jianxin Fund's investments in strategic emerging industries are in the technology sector, reflecting its commitment to participating in China's economic transformation [8]. Group 5: Risk Management and Culture - Jianxin Fund has established a multi-layered risk management system that covers the entire investment process, adhering to the "four early" principles [11]. - The company's culture emphasizes stability and a sense of fiduciary responsibility, which is deeply embedded in its operational practices and decision-making processes [12]. Group 6: Future Outlook - The public fund industry is entering a new development stage, where the ability to build a sustainable talent cultivation system and define stable investment styles will be crucial [13][14]. - Jianxin Fund aims to transition from being a "fixed income stronghold" to a "platform-based asset management institution," focusing on creating long-term value [14].