Beginning of this year, the trade rumors will release new funds from the regular If the filing system implemented, the fund market will emerge more newcomer, while investors worried about investment and research professionals are also rampant.
Golden State Securities, according to a study in 2010, the total change of 220 fund managers, the quantity has increased significantly over the previous few years.
Do panic! The main force is still diving? Stuck with the stock is likely to have saved! March the stock market changes are likely to occur? Tug of war behind the hidden financial trends!
A fund industry, told reporters that , 2010, the Fund's performance to see the team more stability and a sound personnel reserve fund against the market trend break, and the frequent flow of talent the company has met its Waterloo in Waterloo, even though large fund management companies have not survived.
In fact, in recent years, troubled by the development of China's fund industry is a major problem of the continual loss of talent. With the constantly improving laws and regulations, personnel training and the fund company's core team of fund equity incentive proposal is becoming a hot topic.
the face of brain drain become the norm, the fund company from the internal culture, to step up investment and research business tightness, and so began the implementation of operational response team, at the same time, the future direction of the Fund brings subdivision product line expansion, such as index funds and special account for financial business development, but also to fund the company to bring new talent challenges.
1. The flow of talent into normal
2010 Total change in the Fund Manager 220, the quantity has increased significantly over the previous few years.
2010, the Fund issued acceleration, Golden State Securities research shows that the year 2010, 148 establishment of the new fund, as of the end of 2010, the number of funds a total of 709, total assets 2.48 trillion.
behind this is the approval of multi-channel distribution system that brought more than a fund made possible only fund, established in 2010 and over four funds of funds to 16 companies, compared with 3 in 2009 and 2008 The one has improved significantly.
the growing number of funds, personnel issues growing interest, especially the changes in fund managers has become the topic.
Golden State Securities, according to studies, the fund industry into the normal flow of talent, the study shows that the total change in fund managers in 2010 220, number significantly increased over the previous few years, but if the change in frequency from view, change the number in 2010 the ratio of the number of funds accounted for 30%, essentially flat compared with 2009, and the nature of the change from the fund managers look at 2010, nearly 30% of the fund managers to adjust an internal transfer.
which is closely related to brain drain and performance, talent and stable companies often achieve breakthrough performance and scale. Last year, Chinese Entrepreneurs Fund outstanding performance as an example, since 2009 the power to do research on a larger investment and expansion, the current Chinese Entrepreneurs Fund Management 6 funds, but fund managers are 9 people, the company has not yet occurred since the establishment of investment and research team the central figure to leave.
in the large fund companies, to performance in 2010 relative to the size and Harvest Fund performed well for example, the investment research team of more than 6 years of experience on average, fund managers average nearly 9 years working years , the whole team in the Castrol average over 3 years, the team stability is higher. Last year's performance of its few good fund managers Shao Jian, Zou Wei and Liu Tianjun are joined Harvest in 2003.
and the loss of talent caused by too many examples of decline in performance, for example, the negative news of this year, the Bauhinia Foundation, the livelihood security of the 2010 annual fund management companies equity analysis showed that inclusion Statistics of 20 the direction of the average stock mutual fund companies ranked in the rate of returns to scale, Bauhinia Foundation bottom of the rankings.
accompanied with poor performance this year, Bauhinia Foundation conducted a major shake-up from top to bottom. August 6, 2010, the resignation of general manager Lu Jinhai, Liu Chuankui inspector, deputy general manager Yu Zhi resignation, Wang Qin and Sun Shenghua serving as general manager and inspector general. Early September, leaving mountains Lu Chief Investment Officer; November 9, Vice President Hu Dongliang leave. November 19, responsible for the investment management of the fund manager Summer peaceful resignation.
2. Rebate three-step
internal training, step up investment and research business tightness, the implementation of team operations.
flow of talent has become the norm, all aspects of public offering can only hold their talent.
Golden State Securities of that flow of talent with the fund industry, fund companies in the introduction of talents, to maintain relatively stable internal staff has done more work. Currently fund the introduction of the main use of the talent of
However, the
Best to raise up from within the future, rather than say it is too dependent on people from outside come. . trained fund managers.
to Harvest, for example, its overall human resources strategy, its core is the establishment of an internal promotion system echelon team.
, put around him coupled with the talent to adapt, so that the core group of people to influence and promote the team, so that gradually formed the core of talent on the role of complementary and alternative form of pyramid investment research echelon structure.
the current scale of the top five fund companies, China, Castrol, E Fund, the South and Bo, their team most in more than 100 people. Such as the boss of China fund industry, which has a more than 150 investment research team. The performance and scale to achieve this year's Harvest Fund have increased, with more than 110 people, ten divisions of investment research team. The South fund investment research system is currently also exceeded the total number of 100.
apart from the trend of the overall strategy of gradually expanding in-house training in specific coping strategies, the fund research company began to try to vote
such as Invesco, Fidelity Fund for the implementation of investment research Dengjun integration, investment research other companies is also apparent trend of part-time, such as Minsheng Bank of Canada Deputy Director Chen Dong Fund Research Fund concurrently two fund managers, research director at UBS SDIC Liu Xinyong concurrently Chief Investment Officer and other accounts.
retain talent in a specific address, in addition to the close of the accelerated investment research, making the investment and enhancing the utilization of research talent, the response to the , the team operations, many funds has become a study in the establishment of institutional investment choice, such as Bo, Castrol, have already tried this architecture several years.
3. War for talent will be staged
index fund the expansion and account management services to reduce the threshold makes the talent intensified.
Although various public offering has started to retain and expand all aspects of talent, but probably can not put out much water near the fire, in the face of the fund industry in 2011 began a new round of expansion of the scale, some aspects of the talent gap is imminent.
This is reflected in the index fund, a fund manager, . China, easily Fonda, Hua, AIG Huatai, Fortune SGAM, investment, the South, the rich countries, ICBC Credit Suisse, CCB, accommodations, Dacheng and other companies are headed by a fund manager to the situation three index funds.
and this talent gap, may in the future under the exponential expansion of the Fund is even more urgent.
Department of Fund Supervision Commission has to the funds management companies, fund custodian bank issued a notice, in the current five-channel basis, the Fund added new channels for approval path index stocks on the further implementation of fund products classification review.
This means that approval will be more smooth Index Fund, and the face index ETF products such as fund companies, especially high enthusiasm for index derivatives and other innovative new Fund, the number of investment fund companies, financial derivatives and other talents will increase the gap.
IFC study also pointed out that with last year, fund companies and other rules in the introduction of stock index futures, the fund company focused on the introduction of stock index futures in terms of talent, more talent is recruited heavily by overseas, or through its Hong Kong subsidiaries, Recruiting.
In addition, in 2010, although the speed of development of new funds, but relatively speaking, public fund's assets under management is stagnating.
Golden State Securities research shows that new funds issued in 2010 is basically the old fund to make up for the loss of size and share, if only the statistics of the fund established before the end of 2007, compared with 10 by the end of the end of 2007 the share has shrunk 410 000 000 000 yuan, nearly 18%. The 2008 to 2010, established more than 300 funds raised the total size of about 770 billion yuan, the scale of the stock of the end of 2010 to 5600 billion yuan.
With the Commission , a new round of war for talent may be staged.
It is understood that Chinese businessmen had begun to prepare a special account fund financial aspects of the business, the Chamber pointed out that the company, told reporters, After fulfillment of the conditions will be steady progress.
No comments:
Post a Comment