进入2025年以来，公募基金行业高管变动不断。 据统计，仅今年前7个月，公募基金行业高管变更已超过200人次，其中更是有超20家公募基金公司更换 了董事长。 而在这股"换帅潮"中，汇添富基金的人事变动无疑最为引人注目。7月14日，汇添富基金发布公告，宣 布李文因董事会换届卸任董事长职务，由母公司东方证券副董事长、汇添富基金党委书记鲁伟铭兼任董 事长职务。 资料显示，李文是汇添富基金的创始元老之一，2004年受东方证券委派参与汇添富基金的筹建工作， 2015年正式担任董事长。 在李文执掌的10年间，汇添富实现了从千亿到万亿的跨越式发展。天天基金网数据，截至8月19日汇添 富总规模高达9894.59亿元，距离突破万亿仅差临门一脚。不过，虽然这些年管理规模大幅增长，但背 后也暗藏隐患，尤其是在权益类业务方面。 过去，权益类业务是汇添富基金的强项，在对外宣传时其一度以"选股专家"自称，2021年巅峰时期仅混 合型基金规模就高达3662.94亿元。 不过，随着基金抱团行情走向终结，汇添富基金的权益类业务开始一蹶不振，截至8月5日，汇添富基金 的混合型基金规模跌剩1396.28亿元，和巅峰时期相比减少了超过2200亿元； ...

（数据来源：WIND资讯，平安基金整理，截至20250815） 以上内容与数据，与有连云立场无关，不构成投资建议。据此操作，风险自担。 机构指出，择券思路上，从曲线静态及持有性价比来看，国债各期限区别不大，优先关注个券凸点和流动性强的；国开需 要规避6-9Y；农发可以关注7Y位置；口行规避6Y，8-9Y；二级资本债关注6Y。（10Y及以内选择）10年国开方面，当前 250210-250215利差在-1BP左右，近期投资者更偏好主力券，10年国债、30年国债主力券也与其他券利差有所走扩，但考虑 250215存量规模已经达到3510亿元，大概率会成为下一个国开主力券，目前250215成交量也正在抬升并接近250210，预计 短时间可能会切换为主力券，持有赔率较好，可以重点关注。30年国债方面，目前2500005-2500002利差在6BP左右，由于 新券票息征收增值税，所以30年换券进度较慢，当前市场又遭遇调整，故主力券被偏好的概率更大，近期表现稍强。今天 会发行新的10年和30年国债，新券可能会因为增值税原因而换券进度稍慢，但主力券切换终究是大概率事件，且当前主力 券利率相对又较低，性价比不强，建议可以关注非主 ...

Group 1 - The CEF/ETF Income Laboratory manages portfolios targeting safe and reliable yields of approximately 8% for income investing [1][2] - The service focuses on high-yield opportunities in closed-end funds (CEFs) and exchange-traded funds (ETFs), catering to both active and passive investors [2][3] - Most holdings in the CEF/ETF Income Laboratory are monthly-payers, which facilitates faster compounding and steady income streams [2] Group 2 - The leader of the CEF/ETF Income Laboratory has a decade of experience in providing analysis and evidence-based investment strategies [3]

三是创新力强，候选人积极投身培育长期耐心资本、推动金融高水平开放等前沿实践，以实际行动 书写科技金融、绿色金融、普惠金融、养老金融、数字金融"五篇大文章"。 本届评选采用自主报名、推举委员会提名，媒体评审、网络投票、专家评审相结合的方式。后续将 综合媒体评审、网络投票与专家评审意见，评出本年度奖项。评选结果将于2025年9月揭晓。 一是覆盖面广，除银行、证券、保险、信托、期货、公募基金、私募基金、交易所、金融租赁等传 统领域外，绿色金融、金融信息等新兴业态代表也积极参与； 二是国际范足，候选人中不乏外籍金融专业人士，或具有丰富境外金融机构工作经验者，在"一带 一路"、自贸区金融服务、跨境金融基础设施建设等领域持续深耕； 8月20日，第十四届"沪上金融家"评选启动媒体评审，来自50家主流媒体和专业媒体的财经记者对 参选人进行了投票。据悉，本届评选设立"上海国际金融中心建设年度人物""沪上金融行业领军人 物""沪上金融行业创新人物"三个奖项，参评者原则上须来自持牌金融机构，全职在上海工作不少于2 年。 强大的金融人才队伍是金融强国应具备的关键核心金融要素之一。2024年新修订的《上海市推进国 际金融中心建设条例》 ...

第十四届"沪上金融家"评选启动以来，各类金融机构踊跃报名。从报名情况看，本届参选人呈现三个鲜 明特点：一是覆盖面广，除银行、证券、保险、信托、期货、公募基金、私募基金、交易所、金融租赁 等传统领域外，绿色金融、金融信息等新兴业态代表也积极参与；二是国际范足，候选人中不乏外籍金 融专业人士，或具有丰富境外金融机构工作经验者，在"一带一路"、自贸区金融服务、跨境金融基础设 施建设等领域持续深耕；三是创新力强，候选人积极投身培育长期耐心资本、推动金融高水平开放等前 沿实践，以实际行动书写科技金融、绿色金融、普惠金融、养老金融、数字金融五篇"大文章"。 本届评选采用自主报名、推举委员会提名，媒体评审、网络投票、专家评审相结合的方式。后续将综合 媒体评审、网络投票与专家评审意见，评出本年度奖项。评选结果将于2025年9月揭晓。 据了解，"沪上金融家"评选迄今已连续举办十三届，累计两百余位金融人才脱颖而出，对增强上海国际 金融中心软实力、营造上海金融文化氛围产生深远影响。 8月20日，第十四届"沪上金融家"评选启动媒体评审。该届"沪上金融家"评选吸引了近百名金融英才参 选。据悉，本届评选设立"上海国际金融中心建设年度人物 ...

Core Viewpoint - The recent news indicates that Gao Ruidong, the head of the research institute, chief economist, and general manager of institutional business at Everbright Securities, is set to join Everbright Prudential Fund, potentially taking on the role of Party Secretary and possibly the general manager in the future [1] Company Summary - Gao Ruidong's transition to Everbright Prudential Fund marks a significant shift in leadership within the company, which may influence its strategic direction and operational focus [1] - The appointment of a seasoned professional like Gao Ruidong could enhance the fund's research capabilities and investment strategies, given his extensive experience in the securities industry [1]

徐翔重出江湖，与林园相拥，大佬惺惺相惜，携手教你炒股……近期，沪指连创新高，慢牛行情开启，散户涌入股市 的同时，各种"李鬼"、披着知识分享外衣的"非法荐股"等又开始充斥在各个社交平台。 近期，教人炒股又成为热词，前有美女分析师因荐股精准，有投资者组建粉丝群求"带飞"，同时，徐翔、林园、王亚 伟、章盟主等牛散、民间"股神"小视频活跃于各个社交平台。 多个类似的小视频，"两位大佬、强强联手、相互学习、相互进步、相互扶持、资源共享"，相似话术背后，是直播邀 请网友一起"抄作业"。西装革履、邪门一笑，这些AI"股神"霸总们，以浓浓的短剧风出现在各个小视频中。 随着小视频爆发，抖、快、红、视的生态中，财经类内容增长迅速，以小红书为例，以"理财"为标签的内容阅读次数 高达30多亿，A股、投资等标签同样是热门词。但是从内容合规上，社交平台运营并不区分垂直领域，有些平台运营 人员一开始都不了解基金公司与基金销售公司之间区别。 "平台对于违规内容的处置是很及时的，但问题的关键在于有可能审核团队一开始并不知道徐翔是谁。"某业内人士表 示，社交平台在垂直领域审核尚需加强专业能力。 虚假股神泛滥短视频平台，最新话术："相互扶持" 有 ...

Group 1 - The 14th "Shanghai Financial Talent" selection has commenced, with media evaluation involving 50 mainstream and professional financial journalists voting on candidates [1] - This year's selection features three awards: "Annual Person of the Shanghai International Financial Center Construction," "Leading Figures in Shanghai's Financial Industry," and "Innovative Figures in Shanghai's Financial Industry," with candidates required to be from licensed financial institutions and have worked full-time in Shanghai for at least two years [1][2] - The selection process includes self-nomination, committee nominations, media evaluation, online voting, and expert reviews, with results to be announced in September 2025 [3] Group 2 - A strong financial talent pool is identified as a key element for a financial powerhouse, with the revised 2024 "Shanghai International Financial Center Construction Regulations" emphasizing the need for policies that support financial talent development and evaluation [2] - Nearly 100 financial professionals have registered for this year's selection, showcasing a broad representation across traditional sectors like banking, securities, and insurance, as well as emerging fields such as green finance and financial information [2] - The candidates exhibit international diversity, including foreign financial professionals and those with extensive overseas experience, contributing to initiatives like the Belt and Road and cross-border financial infrastructure [2] Group 3 - The event is organized by several prominent institutions, including the China Economic Information Service and Xinhua News Agency, with support from various financial regulatory bodies and organizations [4] - The selection has been held for thirteen consecutive years, with over 200 financial talents recognized, enhancing Shanghai's international financial center's soft power and cultural atmosphere [3]

徐翔重出江湖，与林园相拥，大佬惺惺相惜，携手教你炒股……近期，沪指连创新高，慢牛行情开启，散户涌入股市 的同时，各种"李鬼"、披着知识分享外衣的"非法荐股"等又开始充斥在各个社交平台。 近期，教人炒股又成为热词，前有美女分析师因荐股精准，有投资者组建粉丝群求"带飞"，同时，徐翔、林园、王亚 伟、章盟主等牛散、民间"股神"小视频活跃于各个社交平台。 多个类似的小视频，"两位大佬、强强联手、相互学习、相互进步、相互扶持、资源共享"，相似话术背后，是直播邀 请网友一起"抄作业"。西装革履、邪门一笑，这些AI"股神"霸总们，以浓浓的短剧风出现在各个小视频中。 随着小视频爆发，抖、快、红、视的生态中，财经类内容增长迅速，以小红书为例，以"理财"为标签的内容阅读次数 高达30多亿，A股、投资等标签同样是热门词。但是从内容合规上，社交平台运营并不区分垂直领域，有些平台运营 人员一开始都不了解基金公司与基金销售公司之间区别。 近期，这一波风气尤为明显。徐翔与林园"联手即巅峰"的各种小视频泛滥，"徐翔归来"主题的内容更是全网纷飞。 小红书上铺天盖地"总舵主徐翔重出江湖"的消息，其中关于近期某券商深南东路营业部背后是不是徐翔交易 ...

Group 1: ETF Trading Rules - Trading hours align with A-shares: morning session from 9:30 to 11:30, afternoon session from 13:00 to 15:00, with holidays closed [2] - Some ETFs allow fixed-price after-hours trading from 15:05 to 15:30 [2] - Main trading method is on-exchange trading through securities accounts, similar to stock trading, with real-time execution following price and time priority [2] - Off-exchange subscription and redemption is suitable for institutional investors using a basket of stocks or cash [2] - T+0 trading applies to bond ETFs, gold ETFs, cross-border ETFs, and currency ETFs, while T+1 applies to most stock ETFs [2] - Minimum trading unit is 100 shares, with some Sci-Tech ETFs allowing single share purchases [2] - Price fluctuation limits: ±10% for main board ETFs, ±20% for ChiNext and Sci-Tech board ETFs, and no limit for cross-border and commodity ETFs [2] - Institutional investors can subscribe and redeem through a basket of stocks, typically with a minimum unit of 500,000 or 1,000,000 shares [2] Group 2: ETF Trading Costs - On-exchange trading fees typically range from 0.03‰ to 0.3‰, with a minimum charge of 5 yuan, and some brokers offering as low as 0.005‰ [3] - Off-exchange subscription fees range from 0.1% to 1.5%, with some platforms offering discounts down to 0.15% [5] - Redemption fees are 1.5% for holdings less than 7 days, while most cases are exempt after 2 years [5] - Management fees range from 0.15% to 1%, with broad-based ETFs generally at 0.15% [5] - Custody fees range from 0.05% to 0.25% [5] - Hidden costs include bid-ask spreads, which may exceed 0.5% for illiquid ETFs, and tracking errors between ETF returns and underlying indices [5] Group 3: 2025 New Policies - Management fees for broad-based ETFs reduced to 0.15%, saving investors over 5 billion yuan [4] - Expanded T+0 trading allows more cross-border and bond ETFs for intraday trading [4] - ETFs are characterized by high transparency and liquidity, making them suitable for long-term investment [4]