来源：中国新闻网 编辑：张澍楠 广告等商务合作，请点击这里 "我们观察到此类客户持续增配直接私募市场投资、多资产基金和保险类财富规划产品等。"黎敬之说， 香港凭借通往中国内地门户的战略地位，沪深港通、债券通等独特跨境互联互通机制，以及虚拟资产牌 照制度、稳定币监管和数字港元试点等创新举措，提升了全球竞争力。 在财富管理方面，黎敬之预测，亚洲在未来十年或将迎来史上最大规模的代际财富传承需求，这些家族 将稳健的传承规划、全球财富管理架构和长期资本保值需求放在首位。香港的优势包括本地对家族投资 控股工具的优惠税收制度、优化升级的资本投资者入境计划，以及不断壮大的专业人才储备。 他表示，得益于资本自由流动、世界一流的金融基础设施、全球市场联通性，以及对创新的持续投入， 香港在全球市场中扮演着关键角色，是海外与中国内地资本市场之间的重要桥梁。(完) 专访德意志银行香港特别行政区总经理：定制化金融服务需求强劲 中新网北京12月17日电 (陶思阅)德意志银行香港特别行政区总经理黎敬之日前接受中新网专访时表示， 香港仍然是亚洲企业家和代际财富管理的重要门户，两大核心客群——企业家和家族办公室的需求强 劲。 进一步分析，黎敬之 ...

Core Viewpoint - Fidelity International aims to serve as a bridge between Chinese and global capital markets, leveraging its extensive international network and decades of active management experience to adapt successful global strategies to the Chinese market [2][3][4]. Group 1: Strategic Positioning - Fidelity's strategy in China is rooted in its international experience, focusing on creating a two-way capital flow between international and Chinese markets [5][6]. - The company emphasizes a "dual perspective" research system, combining global insights with local market understanding to identify investment opportunities in China [4][6]. - Fidelity seeks to balance its identity as both an international institution and a local company, aiming for an optimal integration of both [4][5]. Group 2: Investment Approach - Fidelity has launched its first multi-asset fund in China, reflecting its global asset allocation strategy while focusing on local assets [6]. - The firm applies artificial intelligence in risk management, drawing from its North American experience to enhance its risk control measures in the Chinese market [6][7]. - Fidelity's active management approach has yielded strong performance, with its equity products ranking among the top in the international asset management sector in 2024 [6][8]. Group 3: Focus on Retirement Finance - The Chinese pension fund market is experiencing significant growth, and Fidelity aims to leverage its extensive global experience in retirement fund management to add value in this sector [8][9]. - Fidelity has been a key player in the development of pension systems in various countries, including the U.S., where it has managed substantial retirement accounts [9]. - The company sees a promising future for target date funds in China, driven by increasing policy support and growing public awareness of retirement investment [9].

Core Viewpoint - The article discusses the transformation of the public fund industry towards an industrialized model, drawing parallels with the automotive industry's production efficiency, particularly highlighting the practices of Zhongou Fund in creating a systematic and standardized investment research process [6][7][12]. Group 1: Industrialization in Fund Management - Zhongou Fund is adopting an industrialized approach to enhance production efficiency and product quality, similar to the production lines in modern automotive factories [7][9]. - The industrialization process emphasizes the importance of standardized procedures and methodologies, aiming to convert individual successes into replicable systems [7][9][10]. - The fund's investment research team operates under a decentralized model, allowing for collaborative input and reducing the dependency on individual fund managers [10][11]. Group 2: Team Dynamics and Knowledge Sharing - The departure of individual team members has a more significant impact in an industrialized system, as each researcher's contribution is interconnected and critical to overall performance [8][9]. - Zhongou Fund encourages specialization and professional development among its researchers, aiming for each to produce valuable insights regularly [9][10]. - The fund's investment process is structured into distinct phases, including design, production, assembly, and testing, to ensure a systematic approach to fund management [16]. Group 3: MARS Factory and Multi-Asset Solutions - The MARS factory concept is introduced as a framework for multi-asset investment strategies, focusing on predictable returns and reproducible processes [12][16]. - The team behind MARS includes diverse talents from various financial backgrounds, enhancing the fund's ability to innovate and respond to market demands [13][14]. - The MARS factory aims to address common investment challenges, such as style drift and excessive volatility, by implementing a structured investment process [16][18]. Group 4: Insights and Market Adaptation - The article highlights the importance of sharing insights among fund managers to enhance collective performance and capitalize on market opportunities [18][19]. - Zhongou Fund's approach includes utilizing AI tools to analyze market data and improve investment strategies, reflecting a commitment to integrating technology into the investment process [20]. - The fund's focus on active management over passive strategies is emphasized, with a clear strategy to excel in active investment while navigating the complexities of the market [22][23].

Core Viewpoint - The article discusses the transformation of the public fund industry, emphasizing the need for a standardized, industrialized approach to enhance efficiency and product quality, drawing parallels with the automotive industry's production models [4][6][18]. Group 1: Automotive Industry Insights - The Model Y L was launched rapidly without pre-sales or press conferences, showcasing the efficiency of the Shanghai Gigafactory, which can produce a vehicle every 30 seconds and accounts for half of Tesla's global deliveries [2]. - The production process at the Shanghai Gigafactory is streamlined, consisting of stamping, welding, painting, and assembly, which enhances efficiency and reduces production time [2][3]. Group 2: Fund Management Transformation - Dou Yuming, Chairman of Zhongou Fund, believes that public funds need to adopt the automotive industry's production model to create a replicable success system rather than relying on individual expertise [4][5]. - Zhongou Fund is implementing an industrialized research and investment system, producing high-quality funds that focus on absolute returns based on client needs [4][6]. Group 3: Individual vs. Systematic Approach - The article highlights a common misconception that individual contributions are less important in an industrialized system; in reality, each research analyst is a critical component of the production line, and their absence can significantly impact overall performance [5][6]. - The industrialized approach aims to enhance the stability of the organization, as team members become accustomed to the system, making it difficult for them to perform effectively outside of it [5]. Group 4: MARS Factory Development - The MARS factory concept at Zhongou Fund aims to provide multi-asset solutions that ensure predictable returns, reproducible processes, and clear explanations of profit and loss sources [10][11]. - The fund's production process is divided into design, production, assembly, and testing phases, allowing for a structured approach to meet client needs and manage risks effectively [10][11]. Group 5: Knowledge Sharing and Collaboration - The article emphasizes the importance of knowledge sharing among fund managers, enabling insights to be replicated across different funds, thus enhancing overall performance [13][14]. - The multi-asset team at Zhongou Fund has successfully integrated diverse perspectives and expertise, leading to innovative strategies and improved investment outcomes [9][14]. Group 6: Future Outlook - By 2025, as the third generation of fund managers matures and the MARS factory becomes fully operational, Zhongou Fund's industrialization process is expected to advance significantly, fostering a culture of continuous insight generation [19].