Core Viewpoint - The recent appointment of a new fund manager at ICBC Credit Suisse reflects a strategic shift within the company, emphasizing a balance between experienced leadership and fresh talent in its bond investment team [2][3]. Group 1: Management Changes - Wang Shuo, a veteran in bond investment, is now joined by Qu Honghao, who has been with the company since 2019, to co-manage three funds totaling 8.6 billion yuan [2]. - The recent management changes, including the transition of senior executives, signify a deliberate effort to pass on experience while allowing new talent to emerge [3]. Group 2: Performance and Strategy - Wang Shuo manages over 364.8 billion yuan in assets, with multiple funds achieving positive returns, including a 37.60% return for ICBC Money A since 2013 [3]. - The strategy of "suspending large subscriptions while allowing redemptions" has been effective in balancing scale and returns [3]. - The solid performance of the bond funds, such as the ICBC Ruiheng 3-month open-end bond fund, which has returned 14.98% since its inception, highlights the effectiveness of the company's platform-based research system [5]. Group 3: Structural Changes and Future Outlook - The company is undergoing significant changes in its shareholder structure, with UBS acquiring a 20% stake from Credit Suisse, while ICBC retains an 80% controlling interest [5]. - The bond funds constitute 55.5% of the public offering segment, amounting to 230.34 billion yuan, serving as a stabilizing force against market fluctuations [5]. - The dual-track approach of promoting experienced veterans while integrating new talent is seen as a long-term strategy for sustainable growth in the asset management industry [6].

工银瑞信董事长 赵桂才 构建平台化投研体系，夯实权益投资专业根基。《方案》明确提出"强化核心投研能力建设，支持基金公司加快'平台 式、一体化、多策略'投研体系建设"，强调通过资源投入、团队协同与科技赋能提升服务各类投资者的专业资产管理 能力。在行业竞争不断加剧的背景下，投研能力已成为基金公司可持续竞争力的核心，需从人才梯队与科技应用双轮 驱动。一方面，人才是基石。通过梯队培养、投研体系建设，提升团队整体的投研能力；配合产品跟投与三年以上业 绩挂钩的薪酬安排，可进一步激励投研人员深耕基本面、聚焦长期价值，降低核心人员流失风险。另一方面，科技进 步正重塑研究范式。大模型、知识图谱和自然语言处理技术已从"信息检索"升级为"洞见生成"，在非结构化信息解 读、财务异常预警及量化策略生成上效率提升显著。 强化长期投资价值投资，提升投资业绩稳定性。《方案》明确提出公募基金需"坚持长期投资、价值投资，严禁风格 漂移、降低换手率"，并要求将"投资者盈亏情况、业绩比较基准对比"纳入考核体系。这一政策导向直指行业"重规模 轻回报""追涨杀跌"等痛点，为基金公司锚定长期价值投资、为持有人创造良好收益提供了制度保障。从长期看，中国 权 ...