专题：北京公募基金高质量发展系列活动 新时代、新基金、新价值 编者按：中国证监会发布的《推动公募基金高质量发展行动方案》，为行业的发展指明了发展方向，针 对行动方案，结合公募基金行业现实情状，基金公司未来的发展面临哪些机遇与挑战，对普通投资者有 何实际的意义呢？为更好地理解勾勒这一课题，我们邀请了长盛基金管理公司相关核心管理人员，围绕 着公募行业费率改革，投资者陪伴模式的创新，平台化、一体化、多策略投研体系的建设，公募考核体 系强化与投资者利益绑定，国内公募产品类型及未来产品方向，践行信义责任、建设完善合规风控体系 等核心问题，进行了系列访谈。 就中型公募基金如何实现跨越式发展？专访长盛基金管理公司董事长胡甲，详情如下： 记者：胡董事长，您好。近年来公募基金行业马太效应加剧，中型基金公司面临"前有巨头、后有追 兵"的竞争格局。您能否详细谈谈中型公募当前面临的主要挑战？ 胡甲：很高兴接受采访。中型公募基金确实面临着前所未有的挑战。首先从行业格局来看，马太效应愈 发明显。虽然公募基金总规模首次突破35万亿元，但行业前30家公司管理着77%的资产，40家中型公募 基金仅管理着17%的资产，另外近百家公司管理着6%的 ...

专题：北京公募基金高质量发展系列活动 新时代、新基金、新价值 9月8日，为贯彻落实《推动公募基金高质量发展行动方案》，在北京证监局指导下，北京证券业协会携 手北京公募基金管理人、基金销售机构、基金评价机构及多家主流媒体，共同启动"北京公募基金高质 量发展系列活动"。 本次活动以"新时代·新基金·新价值"为主题，旨在通过为期一个多月的多层次、多形式宣传与互动，强 化投资者教育与保护，推动公募基金行业转型升级，提升服务实体经济能力，打造北京金融高质量发展 新名片。 华商基金积极响应，将于近期开展多场"金融知识进万家"走进社区、"金融生活嘉年华"走进商圈系列活 动，首场活动将于9月17日在车公庄社区（中海国际中心1层大堂）举办。 本次活动内容主要涵盖基金行业发展、主动权益投资、指数增强型产品、新型浮动费率基金等投资者关 注的热点话题，并分享公募基金在高质量发展与企业文化建设方面的实践思考，旨在通过投资集市、互 动体验、知识问答等生动形式，播撒金融知识的种子，培育广大群众的财商意识，守护百姓的钱袋子。 值得一提的是，本次活动还特别邀请了华商基金资产配置部研究员亲临现场，从资产配置和专业研究的 角度，为投资者答疑解惑， ...

Core Viewpoint - The announcement of a leadership change at Zhongjia Fund Management Co., with Yang Lin succeeding Xia Yuanyang as chairman, marks a significant transition for the company, which is part of the banking system and has a management scale exceeding 100 billion yuan [1][5]. Group 1: Leadership Change - Xia Yuanyang has stepped down as chairman due to work arrangements, concluding a tenure of two years and four months [4][5]. - Yang Lin will assume the role of chairman and legal representative effective July 15, 2025, continuing the tradition of leadership coming from the largest shareholder, Beijing Bank [1][3]. Group 2: Company Performance - Under Xia's leadership, the company's management scale increased from 121.92 billion yuan to 123.44 billion yuan, with non-monetary fund scale rising from 112.50 billion yuan to 121.36 billion yuan [5]. - The company's net profit reached 252 million yuan in 2024, reflecting a year-on-year growth of 5.76% [5]. Group 3: Challenges and Market Position - Despite the growth in management scale, Zhongjia Fund's ranking fell from 34th to 40th, and further to 51st in the first quarter of 2025, indicating weaker growth momentum compared to industry averages [5][6]. - The company faces a significant challenge with an imbalanced business structure, as fixed-income products account for 97.75% of its offerings, with bond funds totaling 118.41 billion yuan and equity products comprising less than 1.5 billion yuan [6][7]. Group 4: Equity Product Performance - The performance of equity products is concerning, with 14 out of 26 equity funds underperforming their benchmarks over the past three years, and 90% of these funds having a scale of less than 100 million yuan [7]. - The weak retail channel development further limits growth, as over 30 of the 48 funds exceeding 200 million yuan have an institutional holding ratio above 99% [7]. Group 5: Future Outlook - The leadership change occurs amid a wave of executive turnover in the public fund industry, with over 230 executives changing positions in 2023 [7]. - Yang Lin's ability to leverage Beijing Bank's resources to address the "strong bond, weak equity" dependency will be crucial for Zhongjia Fund's future development [7].

Group 1 - The core viewpoint of the articles highlights the active pursuit of new business growth points by fund companies, particularly in the ETF market, as traditional active equity funds face challenges [1][6] - Xingsheng Global Fund has recently announced a procurement for an ETF system, indicating its intention to enter the competitive ETF market, where the total management scale of ETFs reached 4.31 trillion yuan, a 15.57% increase from the previous year [2][4] - The competition in the ETF market is intense, with product homogeneity and significant fee pressure posing challenges for new entrants, while established companies are leveraging the low-cost, high-transparency features of ETFs to attract investors [4][5] Group 2 - The current market environment, regulatory guidance, and strategic adjustments are driving fund companies to enter the ETF space, as investor demand for ETFs continues to rise [6][7] - Xingsheng Global Fund's active equity fund scale has been declining, prompting the company to seek new growth avenues, including the introduction of bond funds and index-enhanced products [7][8] - Other fund companies, like Zhongou Fund, have also diversified their product offerings into fixed income and index-enhanced funds, responding to the increasing demand for safer investment options amid market volatility [8]