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no mercy? the veteran of industrial bank fund was demoted to bid farewell to public offering, and the successor's performance was even worse...

2024-09-16

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(source: jinshi zatan)

reprinted from: jinshi zatan

since last year, the pressure on public funds’ net profit performance has continued to grow, and assessments have become increasingly stringent. especially with public funds cutting salaries, the entire industry has become increasingly inward-looking.

against this backdrop, some fund managers chose to resign, including some top public fund managers, such as qiu dongrong; some fund managers were dismissed due to poor performance, while others were retrained.

in the retraining process, many fund managers were retrained to become assistant fund managers or researchers. however, today this well-known investment veteran was also retrained in disguise, and some people in the circle believed that the operation was outrageous and ruthless.

on september 13, xingye fund manager qian ruinan hired zou hui and liu fangxu to co-manage two products, xingye xingrui two-year holding period mixed fund and xingye balanced preferred mixed fund, respectively. the reason for the additional hiring was that qian ruinan resigned for personal reasons.

however, qian ruinan's resignation is controversial: first, qian ruinan is an investment veteran with more than 15 years of experience. he is a "double ten" investment veteran who has won three golden bull awards and five star fund awards, and is a well-known fund manager that industrial bank fund invited from galaxy fund. it is precisely because of his experience and honors that qian ruinan's resignation is controversial. is this another star general who chose to go private due to the pressure of assessment and salary restrictions?