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Glen, the fund manager, died.
At present, Alipay has removed all the products managed by Gulen, and the wealth of ants is not superficial. I can only say that at this time, everyone is waiting to come out. In recent years, the overall development of foreign exchange, funds and stock market has not been very good. With the fluctuation of the market, many investors lost all their money. As we all know, private equity funds have always enjoyed a high reputation in China, mainly because of high returns. In fact, there are many products with higher income in international products. The most important thing is whether they want to take you to play. In other words,

1. What's the performance of private equity fund Glen? According to my reliable understanding, Glen's strength is beyond doubt, because Glen helped investors earn about 3 billion in four years. What does this mean for an enterprise and investors? People who are better than Buffett definitely need more support. However, in the next two years, Gulen's achievements were a complete failure. In two years, he lost about1500 million yuan. From this matter, I want to say, whether this is a direct dish washing by enterprises or a personal judgment error is also the most typical two-sided problem.

Second, is there a problem with the valuation of the sector? Many investors basically have no concept of investment. Why do you say that? Because many investors value the income, but they don't know that the higher the income, the greater the risk we have to pay. Managers of private equity funds can't tell you how risky this is. They will only tell you that the product is good and how the income is. No matter what the product is, it will only be good, and the bad will basically not appear. This is also this time. Accurate blasting? The real reason.

The above answer is my personal opinion.