With the recent market turbulence and adjustment, the attraction of "Top Flow" fund managers has not diminished.

on August 23rd, YEATION, a Guangdong Development Industry, which is to be managed by Guangdong Development Fund Liu Gekun, started to issue shares for three years. Zheng Zhongjun learned from the channel sources that the subscription amount of the fund in a single day exceeded 1 billion yuan, making it a rare tens of billions of explosion funds in the near future.

Subscription exceeds 1 billion yuan in a single day

Recently, the A-share market continues to fluctuate and adjust, and the issuance of new funds has also cooled down. Wind statistics show that from July to August 23rd, among the newly established funds, 11 have issued more than 6 billion yuan, and the largest is less than 9 billion yuan.

However, the new products of "Top Stream" fund managers are still sought after by investors. On August 23rd, YEATION, the Guangfa Industry, which is planned to be managed by Liu Gekun as a fund manager and managed by Minsheng Bank, started to issue for three years. According to the announcement of fund share offering, the initial raising scale of the fund is limited to 15 billion yuan.

Zheng Zhongjun learned from channel sources that the subscription of the fund had exceeded 7 billion yuan in the morning and 1 billion yuan at 14: .

Liu Gekun is currently the joint investment director, senior managing director and general manager of growth investment department of Guangfa Fund. In 219, Guangfa Double Engine Upgrade A, Guangfa Innovation Upgrade and Guangfa Diversified Emerging managed by him won the top three active equity funds in the whole market with annual returns of 121.69%, 11.37% and 16.58% respectively.

Liu Geyu is also one of the largest fund managers in the whole market at present. By the end of the first half of the year, the scale of Public Offering of Fund under its management exceeded 75 billion yuan, ranking fourth among active equity fund managers. If YEATION, a newly-developed Guangfa industry, holds it for three years, Liu Gekun's management scale will exceed 9 billion yuan, ranking third after Zhang Kun and Liu Yanchun.

Now is a good time to lay out equity assets

Liu Gelong said that in the medium and long term, now is a good time to lay out equity assets. There are pressures such as valuation adjustment and liquidity in the short-term market, and these factors may change greatly in the fourth quarter.

He believes that the high probability of A-shares is structural differentiation: some assets with relatively high prosperity and good cost performance are expected to have structural opportunities, but some assets with lower-than-expected profits and more overdraft growth in the past are likely to fluctuate. The third and fourth quarters may be a good time to select assets for next year. Many companies can see the direction of the whole year after the third quarterly report comes out, and the judgment of industrial trends will be clearer. This stage may usher in better allocation opportunities.

this article is from china securities journal.