Less than two months after entering 20 17, five companies in Public Offering of Fund have changed their general managers, and four of them left for personal reasons. Please read and understand what I have compiled below.

Before and after the Spring Festival, Public Offering of Fund usually has a high turnover rate. 20 17 Up to now, four general managers of fund companies have resigned, and the phenomenon of fund managers leaving or changing is more frequent, and the high turnover of talents in the industry has become the norm.

Executives and fund managers change frequently.

Less than two months after entering 20 17, five companies in Public Offering of Fund have changed their general managers, and four of them left for personal reasons. 65438+1On October 20th, Yang Dong, a veteran of public offering, officially announced his resignation from Xingquan, which aroused great concern in the market. 65438+1On October 25th, Yang Bing was transferred from the deputy general manager of Hongtu Innovation Fund to the general manager; 65438+1On October 26th, Baoying Fund also announced that Qin Wang, the general manager, resigned for personal reasons; Subsequently, Liu Song, the general manager of Haifutong, resigned on February 3rd for personal reasons. On February 14, China Resources Yuanda Fund announced that Lin Ruiyuan, the general manager, resigned for personal reasons and Sun would take over as the general manager.

In addition to the general manager, other senior executives of fund companies change frequently. According to incomplete statistics, Liu Juji, deputy general manager of Huashang Fund, Zheng Zexing, Lu, inspector general of Daxing Fund and Lin Yanfang, deputy general manager of Xinhua Fund, etc. have left their posts since 20 17, and will not be transferred to other positions in the company.

The change information of fund managers is more intensive. China Post Style Revolving Fund announced on February 2 1 that Wang Man would no longer be the fund manager and be transferred to other positions in the company, and the fund would be managed by Deng Lixin alone. Changxin Li Yin Fund also issued an announcement on the same day. Fund manager Mao Nan resigned for personal reasons and was no longer transferred to other positions in the company. The fund is managed by Gao Yuan alone. According to the statistics of Choice, as of February 22nd, more than 300 funds have changed their fund managers, including many resignees, including Baoying Fund Manager, Fund Manager Wu, Rongtong Fund Manager Liu Geming, Xincheng Fund Manager and Guohai Franklin Fund Manager He Jingfeng.

Normalization of high mobility of talents

In recent years, the trend of high mobility of talents in the fund industry has become more and more obvious. According to industry insiders, there are several reasons for Public Offering of Fund to change its executives: First, the company's shareholders have changed, and then the company's management has changed; Second, executives switched to Public Offering of Fund companies such as private placement. For example, for the resignation of Yang Dong, general manager of Xingquan, and Liu Juji, deputy general manager of Huashang Fund, the industry speculated that they would join private placement; Third, the board of directors is not satisfied with corporate governance and operating performance, which leads to the passive "dismissal" of the general manager, which is particularly obvious in some fund companies that were established late or small in scale.

At the same time, in the era of large asset management, the number of public offerings by fund companies has expanded greatly, and other asset management institutions have strong demand for senior management investment and research talents, resulting in frequent talent flow in the industry.

According to the data, by the end of 20 16, there were a total of 8 fund management companies 108 in China, including 44 Sino-foreign joint ventures and 64 domestic companies. There are *** 12 securities companies or asset management subsidiaries of securities companies and 1 insurance asset management companies that have obtained Public Offering of Fund management qualification. More and more organizations apply to set up Public Offering of Fund companies. At present, there are about 40 fund companies waiting for approval. In the list, there have been many cases in which the heads of private equity funds who have worked in public offerings have joined hands with external individuals or companies to return to public offerings.

With the frequent changes of investment and research talents of fund companies, the trend of younger fund managers is becoming more and more prominent. According to the previous statistics of Choice data, there are *** 1388 fund managers in the fund industry. According to years of work, 1-2 years of work experience accounts for the largest proportion, reaching 29%; More than 4 years accounted for the second place, accounting for 26%; The proportion of people within 2 years is 49%, close to half; 65% in three years. The data fully proves that the experience of fund managers in Public Offering of Fund is relatively young at present.