上海證券家 19中国证券网 O get t a status 84 of Do I gh 19 李辉 向高质量进阶 探索银行系公募差异化突围 ——专访兴业基金总经理李辉 ◎记者 朱妍 "过去几年行业发展像在不停换挡，从固收稳到权益热，从主动强到被动兴，慢一步就会跟不上。"兴业 基金总经理李辉用一句话道出身处变局的迫切感受。这两年，兴业基金推进了战略调整——补强补全权 益战线，升级转型营销模式，打造"以客户为中心"的产品货架……每一步动作的核心，都紧扣"跟着行 业动，贴着需求走"的节奏。 作为银行系基金公司，"稳健"刻在了基因里，但李辉不想只守着固收的"舒适区"。目前，公司战略调整 的成效正在慢慢显现。据国泰海通证券的数据统计，截至三季度末，兴业基金近三年权益超额收益跻身 市场前30%。同时，被动指数战线快速落子，借助母行赋能融入"兴业ETF生态圈"。 在他看来，行业正在推进高质量发展，银行系基金既要保得住优势，又得补得上短板。而最终目标是让 投资者的获得感提升，同时公司的发展之路既要走得快也要走得稳。 "兴业基金所带的银行系公募基因'可遇难求'，是契合当下财富管理行业发展趋势的宝贵财富。"李辉说 道。在他看来 ...

Core Insights - The former chairman of Xingye Fund, Ye Wenhuang, has retired due to age, and Liu Zongzhi, a veteran from the banking sector, has been appointed as the new chairman, marking a significant leadership change in the company [1][2] - Xingye Fund has a high proportion of fixed-income products, which are the main drivers of its growth in management scale [1] Company Overview - Xingye Fund was established in April 2013 and is a subsidiary of Xingye Bank [1] - As of mid-2023, the total management scale of Xingye Fund reached 448.023 billion yuan, reflecting an increase of 100.551 billion yuan from the end of last year and 131.478 billion yuan from mid-last year, with a quarter-on-quarter growth of 28.93% and a year-on-year growth of 41.54% [1] - The company ranks 26th among all public fund institutions [1] Product Structure - The product structure of Xingye Fund is characterized by a strong focus on fixed-income products, with equity products being relatively weak [1] - The scale of 14 equity funds under Xingye Fund was 2.953 billion yuan at mid-year, with a quarter-on-quarter growth of 12.79% and a year-on-year growth of 242.71%, accounting for only 3.54% of the total management scale [2] - The scale of 56 bond funds reached 257.931 billion yuan, with quarter-on-quarter and year-on-year growth of 24.58% and 26.22%, respectively [2] - The scale of money market funds was 173.959 billion yuan, with quarter-on-quarter growth of 38.93% and year-on-year growth of 76.45% [2] - Three fund of funds (FOF) had a scale of 0.276 billion yuan, showing a decrease of 3.09% quarter-on-quarter and 15.71% year-on-year [2]

业内人士分析称，耕耘大资管领域多年的刘宗治深谙资本市场规律与资管机构发展逻辑，其上任后，有 望进一步强化兴业基金作为"银行系"公募的核心优势，持续融入兴业银行集团整体战略布局，厚植稳健 经营的底色、锚定绝对收益的核心定位，也充分发挥风险合规管理的传统优势，在遵循市场化运作规律 的基础上，推动兴业基金"银行系特色"公募品牌做大做强。 近年来，兴业基金深刻把握金融工作的政治性、人民性，致力打造"以客户为中心"的产品货架，在具备 传统优势的固收领域顺势而为，兼顾固本培基和创新优化，通过不断完善的固收和"固收+"产品线来满 足投资者稳健配置需求；在权益领域谋定后动，丰富不同策略产品的研发及创设，构建清晰完善的主被 动权益产品体系，力争为投资者创造长期可持续的价值回报。整体业绩表现方面，根据国泰海通证券 《固定收益类基金大型公司超额收益排行榜（20251009）》数据，截至2025年9月30日，兴业基金最近 十年、最近五年、最近三年的超额收益率均排名第一；根据国泰海通证券《权益类基金超额收益排行榜 （20251009）》数据，截至2025年9月30日，兴业基金最近三年、最近两年、最近一年的超额收益率均 位列市场前30% ...

Core Viewpoint - The announcement of the departure of Gao Chong, the general manager of ICBC Credit Suisse Asset Management, indicates a personnel adjustment within the Industrial and Commercial Bank of China (ICBC) group, with Zhao Guicai taking over as acting general manager [2][5]. Group 1: Management Changes - Gao Chong has left his position as general manager due to work adjustments, effective August 28, 2025, with Zhao Guicai serving as the acting general manager from the same date [2][3]. - This change was approved by the board of directors during its fourth meeting of 2025 and has been reported to regulatory authorities [2]. - Gao Chong was the third general manager in the history of ICBC Credit Suisse, having served for over four years, during which the total management scale increased from 1.7 trillion yuan to over 2.1 trillion yuan [1][5]. Group 2: Company Background and Performance - ICBC Credit Suisse Asset Management, established in June 2005, is primarily controlled by ICBC, which holds 80% of its shares [8]. - Under Gao Chong's leadership, the fund's total management scale rose significantly, with public fund management exceeding 800 billion yuan and non-monetary management at approximately 431.96 billion yuan, ranking thirteenth and sixteenth in the market respectively [8]. - The company has a diverse range of business qualifications, including private asset management plans and various pension fund investments, managing a total asset scale exceeding 2 trillion yuan [8]. Group 3: Industry Context - As of August 29, 2025, there have been 112 changes in senior management across various fund companies, involving 258 individuals, including 64 chairpersons and 52 general managers [10]. - Recent changes in other fund companies include leadership transitions at Huazheng Fund and China Merchants Fund, indicating a broader trend of management reshuffles within the industry [10].