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 近日，为深入贯彻《推动公募基金高质量发展行动方案》，在北京证监局指导下，北京证券业协会正式 启动了以"新时代·新基金·新价值"为主题的北京公募基金高质量发展在行动系列活动，目前活动持续深 入进行中。 嘉实基金为切实做到让利投资者，积极优化费率结构、推出浮动费率产品以降低投资者的投资成本，并 充分运用科技平台，为投资者搭建更为便捷的指数投资小程序、投资者教育小程序，有效服务和解决投 资者的投资需求。 一直以来，嘉实基金持续以普惠初心服务最广大个体，拓宽普惠金融的服务广度，提升普惠金融的覆盖 率和可得性。 随着多层次资本市场的搭建和完善，嘉实基金将继续发挥价值发现、风险定价的专业优势，引导社会资 金流向不同发展阶段、不同类型的优质企业，在专业研判、审慎决策、严控风险的前提下积极引导资金 流向科技型、绿色型中小微企业，促进普惠金融、科技金融、绿色金融融合发展，不断提升资本市场普 惠服务小微企业的综合效能。 如今，"十五五"规划已启幕，公募基金的普惠使命愈发凸显。公募基金积极践行行业高质量发展，持续 加大普惠服务力度，深化产品创新与服务升级，以更丰富的产品 ...

Core Viewpoint - The article emphasizes the importance of active management in the mutual fund industry, highlighting the need for professional commitment and a focus on long-term value creation amidst market challenges and regulatory reforms [1][3]. Group 1: Active Management - Active management has faced significant challenges since 2021, with performance pressures and a shift in market preference towards passive investment strategies [2]. - Despite these challenges, the company has chosen to remain committed to active management, focusing on deep research and capturing value from economically vital companies [2][4]. - The recent regulatory reforms and policies from the Chinese government have created a favorable environment for the resurgence of active management [3]. Group 2: Talent Development and Research - The company places a strong emphasis on talent development, with a research team of 65 members and an average industry experience of nearly 8 years, including 17 senior fund managers with over 10 years of experience [5]. - A structured research hierarchy is in place to ensure effective knowledge transfer and continuous improvement in investment strategies [6]. - The company promotes a culture of communication and collaboration among research and investment teams to enhance the efficiency of research-to-investment conversion [7]. Group 3: Performance and Strategy - Performance is viewed as the lifeline of mutual funds, with the company committed to driving growth through strong investment returns rather than relying on high fees [8]. - The company actively participates in innovative product trials and has adopted a floating fee structure to align interests with investors [9]. - The company emphasizes a long-term focus on core competencies and responsibility, which has been crucial for its steady development over the past 20 years [9]. Group 4: Future Outlook - The mutual fund industry is expected to evolve with balanced development, combining both index and active management strategies to uncover investment opportunities [10]. - The company aims to continue its commitment to active management, supported by research and performance, to contribute to the high-quality development of the Chinese economy [10].

Core Viewpoint - The article emphasizes the importance of active management in the mutual fund industry, highlighting the need for professional commitment and a focus on long-term value creation amidst market challenges [1][2][4]. Group 1: Active Management Strategy - Active management has faced significant challenges since 2021, with performance pressures and a shift in market preference towards passive investment strategies [2][3]. - 华商基金 has chosen to remain committed to active management, focusing on deep research and capturing value from economically vital companies rather than chasing short-term trends [2][3]. - The company has diversified its active equity styles, enhancing its product offerings to include various strategies such as growth, balanced, value, and cyclical investments [3]. Group 2: Regulatory Environment and Industry Reform - Recent regulatory reforms, including the Central Political Bureau's meeting and the State Council's opinions, have encouraged the development of high-quality mutual funds and supported active management [3][9]. - The China Securities Regulatory Commission has introduced policies to promote the innovation and development of actively managed equity funds, creating a favorable environment for 华商基金's strategic changes [3][9]. Group 3: Talent Development and Research Infrastructure - 华商基金 emphasizes the importance of talent development in active management, with a research team of 65 members and an average experience of nearly 8 years [6]. - The company has established a structured talent development system, ensuring a clear growth path for researchers and fund managers [6][7]. - A robust research platform, "华商金海螺," has been developed to integrate and digitize research data, enhancing the efficiency of the investment process [7]. Group 4: Performance and Investor Relations - Performance is identified as the lifeline of mutual funds, with 华商基金 focusing on generating returns to drive growth rather than relying on high fees [8]. - The company has adopted a floating fee structure linked to performance, aligning its interests with those of investors [9]. - 华商基金 prioritizes investor engagement, especially during market downturns, promoting a rational investment approach and guiding investors towards long-term value [9]. Group 5: Future Outlook - The mutual fund industry is expected to evolve with the ongoing technological revolution and AI advancements, leading to a balanced development of both index and active management strategies [10]. - 华商基金 aims to continue its commitment to active management, leveraging research and performance to create sustainable returns for investors while contributing to China's economic development [10].

南都·湾财社第一时间采访多家广东本土机构，受访机构均已"闻令而动"，包括将优化收费模式，强化、细化业绩 考核，推动销售向"买方投顾"转型等，有机构表示近期将上报基于业绩比较基准的创新型浮动费率产品。 业绩差少收管理费 过去几年，在市场波动下，多只百亿级主动权益"爆款基"净值回撤明显，屡次成为市场关注焦点。但在传统固定 费率模式下，机构继续依照固定比例收取管理费，基金管理费增速与基民收益形成了落差，基金公司"旱涝保 收"现象引来了不少非议。 直击"基金赚钱，基民不赚钱"痛点的公募基金改革方案落地！5月7日，《推动公募基金高质量发展行动方案》 （以下简称《方案》）正式出炉。《方案》通过25条举措聚焦行业痛点、堵点，明确提出业绩差的少收管理费， 把业绩与基金公司评价、基金经理薪酬等挂钩，公募行业迈入以业绩为核心的新阶段。 超30万亿元的公募市场从"重规模"到"重回报"转变，不仅关乎超7亿基民的切身利益，也在重塑行业生态。广东拥 有庞大的基民群体，聚集着多家头部与中小型公募机构，正是《方案》落地的重要观察窗口。 5月7日，中国证监会主席吴清在国新办新闻发布会上强调"业绩差的必须少收管理费"，正是针对上述症结的精准 施 ...