Cai Xiangyang died unfortunately. Cai Xiangyang holds a master's degree in finance from China Agricultural University. From March 2006 to June 2007, he served as a researcher of Tianxiang Investment Consulting Co., Ltd. and Xinhua Asset Management Co., Ltd. from 5438+ 10 ... In June 2007, he joined Huaxia Fund Management Co., Ltd. as a researcher, assistant fund manager and investment manager. Cai Xiangyang has won the Golden Bull Fund, Star Fund, Gold Fund and other awards for six times, with total assets under management of 63.587 billion yuan.
On the unfortunate death of Mr. Cai Xiangyang, the board of directors, management and all employees of Huaxia Fund Company expressed their deep condolences and deep memory, expressed heartfelt thanks to Mr. Cai Xiangyang for his outstanding contribution to the company's development over the years, and expressed deep condolences to Mr. Cai Xiangyang's family.
Cai Xiangyang in the eyes of institutions: a solid and accumulated senior investor with outstanding investment ability. The reporter noted that Cai Xiangyang has always been one of the fund managers closely watched by brokers. A number of brokers made a comprehensive analysis of Cai Xiangyang.
For example, the investment quantification team released a panoramic scan report of Huaxia Fund in Cai Xiangyang, in which the investment and research framework of Cai Xiangyang was described as follows: "Cai Xiangyang attaches importance to the long-term growth sustainability and competitive barriers of enterprises, value investment, and has also paid attention to Internet-related investment in recent years. The combination of branded high-quality enterprises and excellent Internet companies that will not be subverted by the Internet has a very high concentration of shares and gains income through long-term shareholding. "
In terms of investment operation, the investment quantification team of Zhongke concluded: "The concentration of stocks in the portfolio is very high, and two types of investment targets are bought and held for a long time-high-quality enterprises with brands and high-quality Internet enterprises that will not be subverted by the Internet. After buying, it will be held for a long time, with no major changes and low turnover rate. Generally, when the company's fundamentals change significantly or the valuation is too high, it sells the holding target. "
In addition, Everbright Securities released a research report on fund managers in Cai Xiangyang in April this year. In terms of style and position, Everbright Securities said: "Mr. Cai Xiangyang pays attention to the stability of fund income and shareholding in the process of holding shares, and stocks are relatively stable in asset allocation. From 20 18 to 2020, the average stock position was 6 1.7%, and the turnover rate decreased significantly during this period. In terms of shareholding style, Huaxia's return prefers market growth, and bonds are allocated in stages. The distribution of stock market value is mainly based on large market value companies with more than 50 billion. "
How big is the impact on Huaxia Fund? For Huaxia Fund, a veteran fund company, Cai Xiangyang's death is a great loss. The management scale of more than 60 billion yuan accounts for nearly one-sixth of the more than 370 billion "stock+mixed" funds of Huaxia Fund (data at the end of last year). The company needs to find the right person to take over. At present, no one in Huaxia Fund can take over all the products in Cai Xiangyang.
Since Wang Yawei, shi bo, Sun Jiandong and other star fund managers left their jobs, Huaxia Fund's active management of stock funds has performed generally in the industry, and there is no top standard bearer. Zhou Yingbo and other top fund managers once worked in Huaxia Fund, but unfortunately failed to find and retain them in time. I finally had a pillar like Cai Xiangyang, but I didn't know that I died young.
Fortunately, for Huaxia Fund, a new generation of outstanding fund managers have begun to emerge, such as Zheng Zehong, who explored new energy investment opportunities earlier and currently manages 28.6 billion yuan, and Zhong Shuai, who has a small and medium-sized style and outstanding performance since this year and managed more than 7.2 billion yuan, and so on.
Huaxia Fund, as one of the top ten fund companies, has accumulated a lot and should be able to bear the losses caused by the death of the signature fund manager. Comparatively speaking, Cai Xiangyang's family must be the most affected and saddest. May the dead rest in peace and the living be strong.