Fund manager is one of the most important indicators of a fund. A fund manager is like the soul of a fund, but we will also find that the time for a fund manager to manage a fund is not fixed. Most funds that have been established for a little longer will change their fund managers, and even some funds will change their fund managers frequently. What is the main reason for the fund to change fund managers?

The development of China's fund industry is not long, and experienced fund managers are treasures in the fund market. The average tenure of domestic fund managers is 1 year 25 1 day, and the average working hours can be said to be very short.

There are roughly three reasons for changing fund managers.

1, star fund manager resigns

Fund managers' job-hopping is also the normal state of the market. For example, many star fund managers choose to switch from public offering to private offering. At this time, in order to retain the holders as much as possible and maintain the existing scale of the fund, fund companies generally choose to replace star fund managers with star fund managers.

Step 2 share tasks

In the fund market, a star fund manager often manages multiple funds. In order to reduce the burden of star fund managers and focus on creating star products and masterpieces of fund companies, fund companies will take over some fund products with unsatisfactory scale through novices.

Step 3 promote new people

As we mentioned earlier, the average working hours of fund managers are short. It can be seen that there are a large number of novices in the market. In order to better promote new people, fund companies will also choose to let novice fund managers take over some funds with less attention as the beginning of their career and exercise their abilities.