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民生加银用人逻辑遭市场拷问:银行思维能否主导公募江湖?|基·本面
Hua Xia Shi Bao· 2025-06-11 13:36
Core Viewpoint - Minsheng Jia Yin Fund has undergone significant personnel changes, with Zhu Yongming promoted to Deputy General Manager and Ding Hui taking over as Secretary of the Board, both having backgrounds in the major shareholder Minsheng Bank, indicating a continuation of the "Minsheng system" in management [2][5]. Management Changes - Zhu Yongming has effectively taken charge of the investment decision-making committees for equity, fixed income, and asset allocation, becoming the head of investment research despite lacking substantial frontline investment experience [2][4]. - The promotion of Zhu Yongming is seen as a confirmation of his leadership role in investment research, as he had already held key positions in investment decision-making committees prior to his promotion [4][6]. Talent Drain - The fund has experienced a continuous outflow of core investment research talent, starting with the departure of former General Manager Li Caogang, followed by other key personnel, which has negatively impacted fund performance [6][7]. - As of June 9, 2025, several actively managed equity products under Minsheng Jia Yin Fund reported negative returns, highlighting the challenges faced by the investment team [6][7]. Governance Structure Issues - The shareholder structure of Minsheng Jia Yin Fund includes major players like Minsheng Bank and the Royal Bank of Canada, yet this has not translated into sustained growth or stable performance [7][9]. - The fund's management scale has remained below 160 billion since 2022, with significant reductions in the scale of equity and mixed funds, indicating potential governance and operational challenges [7][9]. Market Position and Challenges - Despite a strong background and talent pool, the fund struggles with converting its resources into effective market performance, with a notable concentration of management talent from a single shareholder, which may lead to decision-making biases [9].
民生优选股票: 民生加银优选股票型证券投资基金基金合同更新
Zheng Quan Zhi Xing· 2025-05-27 02:17
证券之星微信 相关股票: 平安银行 好投资评级: 好价格评级: 证券之星估值分析提示平安银行盈利能力优秀,未来营收成长性良好。综合基本面各维度看,股价偏低。更多>> 相关新闻: #000884# 证券之星微信 扫描二维码 关注 基金刚刚 3月28日基金净值:民生加银优选股票最新净值1.518,跌0.39% 证券之星消息,3月28日,民生加银优选股票最新单位净值为1.518元,累计净值为1.912元,较前一交易日下跌0.39%。历史 数据显示该基金近1个月上涨1.2%,近3个月上涨2.64%,近6个月上涨13.54%,近1年上涨13.62%。 基金2025-03-2902:25 3月27日基金净值:民生加银优选股票最新净值1.524,涨0.59% 证券之星消息,3月27日,民生加银优选股票最新单位净值为1.524元,累计净值为1.918元,较前一交易日上涨0.59%。历史 数据显示该基金近1个月下跌0.91%,近3个月上涨3.04%,近6个月上涨13.99%,近1年上涨15.19%。 基金2025-03-2802:10 民生优选股票:民生加银优选股票型证券投资基金托管协议更新 民生加银优选股票型证券投资基金托管 ...
民生加银多只主动权益基金年内下跌 老将蔡晓回报不佳
Zhong Guo Jing Ji Wang· 2025-05-23 08:02
中国经济网北京5月23日讯 昨日,深圳商报发布《民生加银基金旗下11只主动权益类基金今年以来负收 益》一文。文中称,民生加银基金旗下主动权益类产品中,有11只今年以来的收益为负,蔡晓旗下有3 只产品成绩不理想。据同花顺数据,民生加银养老服务混合3年又172天的任职回报为-40.98%;民生加 银均衡优选混合A2年又17天的任职回报为-16.89%;民生加银优选股票2年又145天的任职回报 为-9.54%。 其他权益基金经理也有产品成绩不佳。例如,刘霄汉管理民生加银品质消费股票A近4年的回报率 为-43.65%,而同期同类平均收益率为-17.51%;芮定坤管理民生加银品牌蓝筹混合A约3年半的任职回 报为-37.08%。 据悉,上述3只由蔡晓管理的基金均是其任职回报为负的基金。其中,民生加银养老服务混合从2021年 12月1日接手,截至2025年5月22日,其任职回报为-41.31%。 民生加银优选股票则是蔡晓从2022年12月28日管理至今,但任职回报也在这一期间下跌高达20.06%。 A股市场情绪回升牛股频现,政策暖风频吹下反弹行情启动,开户跟进>> | 基金类型 起始时间 截止时间 任职天数 任职回报 2 ...
4月份171只股基上涨 中银大健康股票涨12.6%
Zhong Guo Jing Ji Wang· 2025-05-06 23:25
中国经济网北京5月7日讯 (记者 康博) 今年4月份,在有可比业绩的1016只普通股票型基金中,业绩 实现上涨的共有171只,另有3只持平,842只下跌。 医药与生物制药行业成为领涨板块,也让此类主题基金业绩遥遥领先。数据显示,4月份涨幅超过10% 的普通股票型基金有中银大健康股票A、中银大健康股票C、鹏华医药科技股票A、鹏华医药科技股票 C、华安医药生物股票发起式A、华安医药生物股票发起式C。 中银大健康股票A、C以12.65%、12.61%位居榜首,今年一季报显示,该基金前十大重仓股为恒瑞医药 (600276)、新诺威(300765)、百利天恒、百济神州、诺诚健华、荣昌生物、海思科(002653)、信 立泰(002294)、科伦药业(002422)、康诺亚。 汇丰晋信低碳先锋股票A、C在4月份跌幅达10.07%、10.11%,其前十大重仓股全部为新能源个股,包 括明阳智能(601615)、通威股份(600438)、隆基绿能(601012)、亿纬锂能(300014)、华友钴业 (603799)、晶澳科技(002459)、东方日升(300118)、恩捷股份(002812)、固德威、杭可科技。 值得注意的是,汇 ...