Group 1 - The core point of the articles highlights significant turnover in the investment research team at Guolian Fund, particularly among equity fund managers, following the merger with Minsheng Securities and the restructuring of the investment departments [1][2] - Guolian Fund has seen the departure of 7 fund managers this year, with 5 leaving in the second half of the year, indicating a trend of instability within the team [1] - Notably, three senior fund managers with tenures of approximately 4.5 years, 10 years, and 5 years left the company recently, raising concerns in the market [1] Group 2 - The company has hired 7 new fund managers this year, with 6 being newcomers without prior public fund management experience, which may impact the overall expertise within the team [2] - Currently, Guolian Fund has a total of 29 fund managers, with an average tenure of 2 years and 18 days, which is below the industry average of 2 years and 104 days [2] - Among the 29 fund managers, 10 have less than 2 years of experience, with 7 of them being equity fund managers, indicating a potential risk in investment decision-making [2]

Group 1 - The core viewpoint of the articles highlights significant changes in the management team of Guolian Fund, particularly in the equity fund manager segment, with a notable number of departures this year [1][2] - Guolian Fund has seen a total of 7 fund managers leave this year, with 5 of them departing in the second half of the year, indicating a trend of instability within the team [1] - The recent restructuring involved merging the "Equity Investment Department" and the "Research Department" into a new "Equity Research Department," which may have contributed to the turnover [1] Group 2 - The company has hired 7 new fund managers this year, with 6 of them being newcomers without prior public fund management experience, reflecting a shift in talent acquisition strategy [2] - Currently, Guolian Fund has 29 fund managers, with an average tenure of 2 years and 18 days, which is below the industry average of 2 years and 104 days, indicating a relatively inexperienced team [2] - Among the 29 fund managers, 10 have less than 2 years of experience, with 7 being equity fund managers, further emphasizing the challenges in maintaining experienced personnel [2]