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Fund companies in the new Member of Zhejiang businessmen Fund also does not shy away from this problem. Zheshang industry growth Fund Fund of Zhejiang businessmen gather tide (688,888) has been raised. However, reporters found, its first Fund of funds manager not only in charge of the practical experience of the Fund, zheshang Fund Investment Committee is almost researcher dine.
In the vote under research strengths, zheshang first Fund of funds and the subsequent performance of the Fund, I am afraid, is not optimistic. Head of no actual combat experience as a new company, first performance of the Fund a responsible behind the success of its significance.
Zheshang first new Fund of funds for the company, one is selected and no head of fund management experience. The daily economic news reporter lookup zheshang poly recruitment of tidal industry growth fund found that its proposed Fund Manager for Jiang peizheng. Curricula vitae of the incoming new head of display, it as East China Normal University Master of science in political economics, United Kingdom master of science in economics and finance at the University of Warwick. Integrated successive ping an Securities Institute; Luen on fund research fellow; zheshang fund investment management researcher, Research Director of the Department.
Current Vice Director of Zhejiang fund management, investment management. Resume displays, Jiang Pei is a employer on Luen on fund companies for their country. According to people familiar with the, Jiang Pei joined the League Fund in April 2007, nearly 2 years during which is mainly engaged in research work, and work was not involved in the management of the Fund.
Which had their units also show that it is mainly engaged in research work. From this resume is not difficult to see that the incoming new head, in terms of fund management experience clean if a leaf of paper white.
Its experience shows that most of the time were engaged in the work of fellows. Researchers put up an investment Committee and first head of the Fund not practical experience, this is not the most surprising. Zheshang Fund existing investment and composition of the Board members, investors more compelling.
Zheshang poly-wave of industry growth fund prospectuses displays, our vote for Board members only 3 people, and before the two men are researchers. The daily economic news reporter found played zheshang fund investment and Chairman of the Committee, for the company's General Manager Zhou Yifeng.
Prior to this, Zhou Yifeng is a former Vice President of Thai in trust and investment limited liability company, Dacheng fund management, Deputy General Manager and Chief Investment Officer, experience rich and closely involved in the investment business. Worrying is that the remaining two investment Committee member Jiang Pei and Guan Yongxiang, all researchers origin. Guan Yongxiang curriculum vitae shows, for Peking University on his master's degree in finance, graduate school of Chinese Academy of Sciences master of software systems analysis project. Former huatai securities (601,688, unit), Sun securities researcher; long letter number Fund policy Fellows; Luen on number policy researcher.
Current zheshang fund management Deputy Director for policy development.
According to people familiar with the, Guan Yongxiang was added in April 2008 researcher of the Fund, its time in nearly a year, engaged in research work for the number of policies, likewise, was not involved in public-fund management. Judging from a number of cast members of the Committee, zheshang Fund only 3 people, investment and research strength of thin has no more.
Judging from its past experience, not including Zhou Yifeng, were not actually involved in fund management, all researchers. According to buy Fund data shows that Zhou Yifeng Dacheng fund management into positive growth (519,017, funds), but its time to less than 2 years of management.
"Researchers put up an investment authority" to describe the zheshang fund investment and the overall strength of the Committee, does not seem excessive. On the investment management, investment and Chairman Zhou Yifeng, also responsible for the construction and integration work on investment and development team as a whole. In addition, Zhou Yifeng also served as General Manager of the company.
This also means, excluding investment, Zhou Yifeng more work will also be responsible for the company. The fund industry as a whole, General Manager of the company by the investment of the Fund not many origin of inquiry.
More important is that after the as the company's General Manager, to fund the company's investment and research effort will directly contribute noticeable decline.
The first head of the new Fund, the Fund before the actual, clean as a leaf of paper white; overall investment and research strength of thin, zheshang poly-wave of industry growth performance in the future become a mystery. Reporter's notes if the initial defeat zheshang funds or pay the price of a new Fund established, fund company continued to expand, from industry researchers to fund manager's path, have also become commonplace. However, as the company's first new fund managers, this supersonic speed was enough to surprise the market and an exclamation point. From the simulation exercise, to embark on the front concrete battle, meet market, fix the bug, cultivation, and establish a set of own investment ideas, even experienced industry researcherMust go through a big test. In fact, rapidly changing market, not all are suitable for the administration of the fund industry researcher, some fund managers feel better suited to do industry researchers.
And Fund Manager initiative in these two years back researcher positions, "melt down exercises" are a minority. For holders, if the fund company focus attention first isn't new fund performance, fund company subsequently issued doubts new funds will allow investors. The fund company, if the poor performance of the new Fund will also directly affects the depth and distribution channels of cooperation to establish.
And the interaction of these two units together, will enable the Fund no small company puts great emphasis on brand building subjected to impact. First new pain brought about by the poor performance of the Fund of fund companies are difficult to forget.
A Bank Department fund company first fiasco, resulting in subsequent series of adverse effects, has still not out of the Valley, their pay is a heavy price. Previously part of small and medium-sized fund companies, three or four years after the "burning" capital, relying on the shareholders further injections to survive. Zheshang its registered capital of only $ 100 million of the Fund, such assets to their "burning" how long? Swing in front of Zhejiang businessmen Fund is still a road is not flat.
"manuscript statement" without the daily economic news authorized use, offenders.
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