在众多基金中，还有哪些基金经理最有可能涨薪呢？ | | | 超额收益超100%目净值增长率为正的主动榜 | | | | --- | --- | --- | --- | --- | | 证券代码 | 证券名称 | 过去3年净值增长率 或者是相关率 [凝管期]今年三季 [章位]% | 过去3年净值增长率 【报告期】今年三季 [章位]% | 基金经理(现任) | | 014283.OF | 华夏北交所创新中小企业精选两年定开混合发起式 | 241.22 | 266.42 | 顾惑峰 | | 001322.OF | 东吴新趋势价值线混合 | 236.94 | 252.89 | 刘元母 | | 001323.OF | 东吴移动互联混合A | 190.19 | 241.82 | 刘元海 | | 014279.OF | 汇添富北交所创新精选两年定开混合A | 140.62 | 185.54 | 马翔、马磊 | | 003598.OF | 华商润丰混合A | 138.64 | 160.08 | 胡中原 | | 004890.OF | 中邮健康文娱灵活配置混合A | 137.09 | 162.28 | 富州E | | 0042 ...

刘元海，同济大学管理学博士。曾任东吴基金管理有限公司研究员、基金经理助理、基金经理、投资管 理部副总经理、总经理。现任东吴基金管理有限公司首席投资官，东吴移动互联混合等产品基金经理。 在波澜起伏的A股市场中，东吴基金首席投资官、基金经理刘元海以其较为亮眼的长期业绩表现吸引了 投资者的关注。截至2025年9月30日，他管理的东吴移动互联混合A近1年、近3年、近5年的回报率分别 为93.89%、241.82%、335.16%，据国泰海通证券排名数据显示，东吴移动互联混合A在同类产品中近五 年排名1/1488。 在近期科技板块大幅波动的背景下，市场对"AI是否出现泡沫"的讨论愈发热烈，投资者信心出现明显波 动。基于对全球科技产业的深入理解和对A股市场运行逻辑的长期摸索，刘元海近期在接受中国证券报 记者专访时表示，依然看好2026年科技行情，并将当前市场波动比喻为"倒车接人"的良机。 "科技产业的发展从来都不是一帆风顺，当前人工智能技术正处在从创新期向理性成长期过渡的关键阶 段，短期的估值调整或为长期投资者提供了难得的布局窗口。"刘元海向中国证券报记者表示。 洞悉产业趋势 在波段中找寻机遇 2025年三季报显示，截至 ...

□本报记者 魏昭宇 刘元海，同济大学管理学博士。曾任东吴基金管理有限公司研究员、基金经理助理、基金经理、投资管 理部副总经理、总经理。现任东吴基金管理有限公司首席投资官，东吴移动互联混合等产品基金经理。 在波澜起伏的A股市场中，东吴基金首席投资官、基金经理刘元海以其较为亮眼的长期业绩表现吸引了 投资者的关注。截至2025年9月30日，他管理的东吴移动互联混合A近1年、近3年、近5年的回报率分别 为93.89%、241.82%、335.16%，据国泰海通证券排名数据显示，东吴移动互联混合A在同类产品中近五 年排名1/1488。 在近期科技板块大幅波动的背景下，市场对"AI是否出现泡沫"的讨论愈发热烈，投资者信心出现明显波 动。基于对全球科技产业的深入理解和对A股市场运行逻辑的长期摸索，刘元海近期在接受中国证券报 记者专访时表示，依然看好2026年科技行情，并将当前市场波动比喻为"倒车接人"的良机。 "科技产业的发展从来都不是一帆风顺，当前人工智能技术正处在从创新期向理性成长期过渡的关键阶 段，短期的估值调整或为长期投资者提供了难得的布局窗口。"刘元海向中国证券报记者表示。 洞悉产业趋势 在波段中找寻机遇 202 ...

刘元海，同济大学管理学博士。曾任东吴基金管理有限公司研究员、基金经理助理、基金经理、投资管 理部副总经理、总经理。现任东吴基金管理有限公司首席投资官，东吴移动互联混合等产品基金经理。 在波澜起伏的A股市场中，东吴基金首席投资官、基金经理刘元海以其较为亮眼的长期业绩表现吸引了 投资者的关注。截至2025年9月30日，他管理的东吴移动互联混合A近1年、近3年、近5年的回报率分别 为93.89%、241.82%、335.16%，据国泰海通证券排名数据显示，东吴移动互联混合A在同类产品中近五 年排名1/1488。 在近期科技板块大幅波动的背景下，市场对"AI是否出现泡沫"的讨论愈发热烈，投资者信心出现明显波 动。基于对全球科技产业的深入理解和对A股市场运行逻辑的长期摸索，刘元海近期在接受中国证券报 记者专访时表示，依然看好2026年科技行情，并将当前市场波动比喻为"倒车接人"的良机。 □本报记者 魏昭宇 "科技产业的发展从来都不是一帆风顺，当前人工智能技术正处在从创新期向理性成长期过渡的关键阶 段，短期的估值调整或为长期投资者提供了难得的布局窗口。"刘元海向中国证券报记者表示。 洞悉产业趋势 在波段中找寻机遇 202 ...

Core Insights - The article highlights the impressive performance of equity funds in 2023, with 4,749 funds reaching historical net asset value highs by the end of October 2023, amidst a challenging market environment characterized by high volatility and sector rotation [3][4]. Group 1: Performance of Funds - In the first ten months of 2023, the top 20 performing equity funds all achieved over 100% returns, with the threshold for inclusion being approximately 103% [4]. - The top five funds for the year-to-date include: 1. Yongying Technology Smart Selection Mixed Fund A (Code: 022364) - 200.63% 2. China Europe Digital Economy Mixed Fund A (Code: 018993) - 134.72% 3. Huian Growth Preferred Mixed A (Code: 005550) - 132.55% 4. Hongtu Innovation Emerging Industry Mixed Fund (Code: 001753) - 131.09% 5. CITIC Construction North Exchange Selected Two-Year Open Mixed Fund A (Code: 016303) - 126.01% [4][5]. Group 2: Fund Management and Strategy - The China Europe Digital Economy Mixed Fund A, managed by Feng Ludan, had a scale of approximately 5.274 billion yuan as of the end of Q3 2023, with a year-to-date return of nearly 135%, significantly outperforming its benchmark of 26.12% [6]. - The fund's top ten holdings include major companies in AI computing and internet sectors, such as Alibaba and Tencent, indicating a strong focus on technology investments [6][7]. Group 3: Long-term Performance - Over the past three years, the top-performing funds include: 1. Dongwu New Trend Value Line Mixed Fund (Code: 001322) - 255.34% 2. Dongwu Mobile Internet Mixed Fund A (Code: 001323) - 238.47% 3. Debon Xinxing Value Flexible Allocation Mixed Fund A (Code: 001412) - 209.28% [8][9]. - The same two funds managed by Liu Yuanhai also lead in the five-year performance category, showcasing consistent long-term returns [13][14]. Group 4: Market Outlook - Liu Yuanhai anticipates a market environment where value stocks will play a significant role, with growth stocks gaining momentum, particularly in the AI sector, which is expected to drive future investment opportunities [12].

Core Insights - The performance of equity funds has been impressive, with 4,749 equity funds reaching historical net value highs by the end of October 2025, despite a challenging market environment [1] - The top 20 performing equity funds from January to October 2025 all achieved over 100% returns, with a significant focus on computing power-related stocks [2][3] Group 1: Performance Overview - In the first ten months of 2025, 2,276 equity funds with over 100 million in scale were analyzed, with all top 20 funds achieving returns exceeding 103% [2] - The top five funds for this period include: 1. Yongying Technology Smart Selection Mixed Fund A (Code: 022364) with a return of 240.91% 2. China Europe Digital Economy Mixed Fund A (Code: 018993) with a return of 197.22% 3. Huian Growth Preferred Mixed Fund A (Code: 005550) with a return of 132.55% 4. Hongtu Innovation Emerging Industry Mixed Fund (Code: 001753) with a return of 131.09% 5. CITIC Construction Investment North Exchange Selected Two-Year Open Mixed Fund A (Code: 016303) with a return of 126.01% [2][3] Group 2: Fund Manager Insights - The manager of the China Europe Digital Economy Mixed Fund A, Feng Ludan, has emphasized a focus on artificial intelligence investments, noting the high valuations in the sector and the associated risks [5] - The top holdings of this fund include major companies in AI computing and internet sectors, such as Alibaba and Tencent [5] Group 3: Long-Term Performance - Over the past three years, the top performing funds include: 1. Dongwu New Trend Value Line Mixed Fund (Code: 001322) with a return of 255.34% 2. Dongwu Mobile Internet Mixed Fund A (Code: 001323) with a return of 238.47% [6][7] - Both funds are managed by Liu Yuanhai, who has a strong track record in the industry [10] Group 4: Five-Year Performance - In the last five years, the top funds include: 1. Dongwu Mobile Internet Mixed Fund A (Code: 001323) with a return of 296.10% 2. Dongwu New Trend Value Line Mixed Fund (Code: 001322) with a return of 293.24% [11][13] - These funds have consistently focused on technology and AI-related investments, reflecting a broader trend in the market [9][10]

Core Viewpoint - The article highlights the performance of equity funds in the A-share market, noting significant gains in August 2025, with the Shanghai Composite Index reaching a nearly 10-year high and a substantial number of funds achieving record net asset values [3][4]. Summary by Sections Recent Performance of Equity Funds - In August 2025, the Shanghai Composite Index rose by 7.97%, the Shenzhen Component Index by 15.32%, and the ChiNext Index by 24.13%, indicating a robust market rally [3]. - As of the end of August 2025, there were 9,037 equity funds, with 3,668 funds (approximately 40.59%) reaching historical net asset value highs [3][4]. Top Performing Funds in the Last Year - Among the 1,569 equity funds with performance data, 7 funds achieved over 200% returns in the past year, with a threshold of 150% for the top 20 funds [4][5]. - The top 5 funds based on one-year performance include: 1. CITIC Construction Investment North Exchange Selected Two-Year Open Mixed A (Code: 016303) - 261% return 2. Huaxia North Exchange Innovative Small and Medium Enterprises Selected Two-Year Open Mixed Initiated (Code: 014283) - 236.45% return 3. China Europe Digital Economy Mixed Initiated A (Code: 018993) - 232% return 4. Debon Xin Xing Value Flexible Allocation Mixed A (Code: 001412) - 222.43% return 5. Xin Ao Performance Driven Mixed C (Code: 016371) - 216.06% return [5][8]. Performance Over Three Years - For the three-year performance, the top 5 funds include: 1. Huaxia North Exchange Innovative Small and Medium Enterprises Selected Two-Year Open Mixed Initiated (Code: 014283) - 245.80% return 2. Huitianfu North Exchange Innovative Selected Two-Year Open Mixed A (Code: 014279) - 187.03% return 3. CITIC Construction Investment North Exchange Selected Two-Year Open Mixed A (Code: 016303) - 181.13% return [10][11]. Performance Over Five Years - In the five-year performance category, the top 5 funds are: 1. Dongwu Mobile Internet Mixed A (Code: 001323) - 285.32% return 2. Dongwu New Trend Value Line Mixed (Code: 001322) - 276.38% return 3. Jinyuan Shun'an Yuanqi Flexible Allocation Mixed (Code: 004685) - 236.16% return 4. Huashang Yuanheng Mixed A (Code: 004206) - 200.52% return 5. Huashang Runfeng Mixed A (Code: 003598) - 193.05% return [15][19].

Market Overview - In August 2025, A-shares experienced a significant rally, with the Shanghai Composite Index reaching a nearly 10-year high, increasing by 7.97%, while the Shenzhen Component Index rose by 15.32% and the ChiNext Index surged by 24.13% [1] - The trading volume reached historical highs, indicating active market participation [1] - As of August 2025, there were 9,037 equity funds (over 60% in stocks) established for more than one year, with 3,668 funds achieving historical net value highs in August, representing approximately 40.59% [1] One-Year Performance - Among the 1,569 equity funds with performance data for the past year, 7 funds reported returns exceeding 200%, driven by the "924" market rally and subsequent rebounds since April 2025 [2] - The top five funds based on one-year returns include: 1. CITIC Construction North Exchange Selected Two-Year Open Mixed A (Code: 016303) - 261% return 2. Huaxia North Exchange Innovative Small and Medium Enterprises Selected Two-Year Open Mixed Initiated (Code: 014283) - 232% return 3. China Europe Digital Economy Mixed Initiated A (Code: 018993) - 232% return 4. Debon Xinxing Value Flexible Allocation Mixed A (Code: 001412) - 119.73% return 5. Xin'ao Performance Driven Mixed C (Code: 016371) - 112.15% return [2][6] Three-Year Performance - For the three-year performance, 974 equity funds were analyzed, with the top five funds showing returns above 119% [9] - The leading funds include: 1. Huaxia North Exchange Innovative Small and Medium Enterprises Selected Two-Year Open Mixed Initiated (Code: 014283) 2. Huitianfu North Exchange Innovative Selected Two-Year Open Mixed A (Code: 014279) 3. CITIC Construction North Exchange Selected Two-Year Open Mixed A (Code: 016303) [9][11] Five-Year Performance - In the five-year category, 453 equity funds were evaluated, with the top five funds achieving returns exceeding 138% [14] - The top funds include: 1. Dongwu Mobile Internet Mixed A (Code: 001323) 2. Dongwu New Trend Value Line Mixed (Code: 001322) 3. Jinyuan Shun'an Yuanqi Flexible Allocation Mixed (Code: 004685) [14][16] Fund Management Insights - Liu Yuanhai, managing the top two funds in the five-year category, emphasizes continued investment in AI technology sectors, anticipating a potential industry turning point next year [18]

Core Insights - The sustainability of fund managers' performance is a crucial measure of their investment ability, risk control, and the effectiveness of their investment systems [1] - The A-share market has seen a shift in ecology over the past seven years, with small-cap stocks gaining prominence and technology and dividend sectors becoming focal points [1] Group 1: Fund Manager Performance - In the period from 2023 to 2025, there are 3,063 fund managers with performance data, of which 1,070 have achieved consecutive positive returns, accounting for 34.93% [1] - The top 20 fund managers for cumulative returns from 2023 to 2025 have a performance threshold of 76.6% [1] - Liu Yuanhai from Dongwu Fund ranks first with a return of 164.97%, maintaining over 30% returns since 2023 [5] Group 2: Fund Manager Rankings - The top five fund managers by returns include Liu Yuanhai (Dongwu Fund), Gong Zheng (Zhongyou Fund), Di Xinghua (Guohai Franklin Fund), Wang Haichang (Noan Fund), and Lei Tao (Debang Fund) [2][3] - Liu Yuanhai manages approximately 64 billion yuan across five funds, focusing on technology investments, particularly in AI and semiconductors [5] - The second-ranked fund manager, Gong Zheng, has a return of 150.86% from 2021 to 2025, with a management scale of 0.61 billion yuan [3][10] Group 3: Long-term Performance - From 2019 to 2025, 1,330 fund managers have performance data, with 260 achieving consecutive positive returns, representing 19.55% [11] - The top five fund managers in this period include Miao Weibin (Jinyuan Shun'an Fund), Song Qing (Noan Fund), Jiang Yiqian (Jia Shi Fund), Cai Yubin (Zhaoshang Fund), and Bai Bingyang (Fuguo Fund) [11][14] - Miao Weibin leads with a cumulative return of 461.69% and manages approximately 1.3 billion yuan across one fund [14][15]

Core Viewpoint - The A-share market experienced a slight decline after reaching the historical high of 3731 points in 2021, raising questions about investment opportunities and strategies for those who bought funds at that peak [1][4]. Market Performance - The three major indices in the A-share market closed lower today, with a trading volume close to 2.6 trillion yuan. Sectors such as liquor, real estate, and automobiles led the gains, while insurance and brokerage sectors saw a pullback [3][4]. - Analysts suggest that significant trading volume often leads to high volatility, and the current market remains active with no clear signs of capital withdrawal [3]. Fund Performance Since 2021 - Funds purchased at the 3731-point peak have shown varied performance, with some funds gaining over 200% since then. However, many investors are still waiting to break even [4][6]. - As of August 2025, the market has returned to around 3700 points, but many individual stocks have not recovered to their previous highs, indicating a disparity between index performance and individual stock performance [8]. Strategies for Investors - For investors whose funds have not yet returned to break-even, it is advised to maintain a rational approach and consider shifting from chasing hot stocks to a balanced allocation strategy. This includes dynamic adjustments to portfolios and setting stop-loss limits [9][12]. - Dollar-cost averaging through systematic investment plans can help reduce costs over time, especially during market downturns [9][10]. Market Outlook - The current market is characterized as a "healthy bull" market, supported by government policies and increasing capital inflows. This environment is expected to foster continued market confidence and potential upward movement [12][13]. - Investors are encouraged to adopt a balanced approach, using a "core-satellite" strategy to manage risk and avoid overexposure to any single investment [16][18].