2024-08-15
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This article is from Nandu Wancaishe.
Written by Nandu Wancaishe reporter Luo Manyu
Recently, the news that Liu Yanchun, a well-known fund manager of Invesco Great Wall Fund, suffered a huge loss of 43.7 billion yuan in three years, received a stable management fee of 3.6 billion yuan, and had a personal income of 130 million yuan has attracted attention and heated discussion online. On August 15, an insider of Invesco Great Wall Fund responded to the media, saying, "The news on the Internet is untrue and is purely a rumor. It is understood that the income data came from the self-calculation of a certain Internet celebrity."
"It is ridiculous to say that Liu Yanchun earned 130 million in three years."Calculated by the brain"
Nanduwan Finance reporter learned that a certain Internet finance blogger recently wrote an article saying: "In the past three years, the six fund products managed by Liu Yanchun have accumulated losses of 43.763 billion yuan, and the funds he manages have collected a total management fee of 3.653 billion yuan during this period. In terms of personal remuneration, Liu Yanchun's annual salary in 2021-2023 will be 58.71 million, 46.77 million and 32.31 million respectively, with a cumulative income of 138 million yuan in three years." In addition, the article also mentioned: "Invesco Great Wall Fund practitioners, senior management, heads of fund investment and research departments, and Liu Yanchun himself have redeemed a large number of fund shares they hold."
Regarding Liu Yanchun's salary and whether his holdings were cleared, an insider of Invesco Great Wall Fund responded to the media: "The salary was calculated by someone based on the management fee, which is a rumor! In addition, the article mentioned that the company's employees' holdings in his fund dropped to zero in the first quarter, which is also completely untrue. The holdings of employees, fund managers and executives are only disclosed in the semi-annual and annual reports."