Around 5 o'clock: wake up from sleep, can't sleep, and have all kinds of information in my mind;

7 o'clock: struggling to get up, wash and eat breakfast. During this period, I will also browse the external market situation of the day before yesterday, mainly including some major indicators of the international market, such as closing price increase, transaction amount, active sectors, major international political and economic news, etc.

7: 30: Go out to work, about half an hour on the road;

8 o'clock: When entering the office, the first thing to do is to browse major financial websites and newspapers and magazines at home and abroad, mainly websites, mainly to prepare for the company's morning meeting. This process usually takes 20-25 minutes;

8: 35: The morning meeting of the company starts on time to discuss the latest macro policies of the day and pay attention to the latest financial and market trends. The discussion lasted about an hour.

9: 25: The trader has arrived at his post at call auction time in the stock market. If he needs to place an order, he will stay and continue the discussion;

9: 30: When the stock market opens, he has to look at the market, manage his own portfolio and read research reports.

10: 30: Research recommendation meeting of listed companies, either internal recommendation or external recommendation, including some industry recommendations;

1 1: 30: Close at noon, invite interested researchers or fund managers to have dinner together at noon, have a small-scale exchange, and talk more about the current or recent market;

13: Go back to the office of the company to continue watching the disk or reading the report;

14: most of the investigations on listed companies are conducted in Shanghai branch of the company;

15 o'clock: When I get back to the office, my daily work focuses are different, including key company discussions, weekly meetings, marketing exchanges and industry discussions. This usually takes more than two hours;

17: 30: According to the company's regulations, it's time to get off work, but since I joined the company in 2000, I have hardly got off work on time;

18: Sometimes I have dinner with my peers and insiders to exchange recent market hotspots and focuses, and more often I read some research reports with good content and long length selected during the day. At this time, it is quiet and undisturbed, so I can concentrate on my studies.

20 o'clock: when I go home, I usually go online to read the announcements of listed companies, because at this time the exchange will disclose new announcements, especially the latest news of key industries and key companies;

24 o'clock: rest!

How to be a good fund manager

The cradle of fund managers: traders and researchers

As an ordinary financial worker, how can we become an enviable fund manager?

Generally speaking, there have been two schools of fund managers, one is a researcher and the other is a trader. Under normal circumstances, there are relatively many fund managers developed from researchers, which is also a relatively mainstream form. It takes about 8~ 10 years from researcher to fund manager to investment committee.

There are relatively few fund managers developed from traders, mainly early traders, and even fewer fund managers developed from new generation traders.

The insiders believe that the research school represented by the background of researchers is used to analyzing the intrinsic value of listed companies from the perspective of industry company valuation as an operational basis. The actual combat school, represented by traders, is often a typical trend investor who builds an operating system according to technical trends and mathematical models. Research schools often only buy industries and stocks that they are familiar with, while practical schools have a wider range of choices.

But sometimes it is difficult to tell the difference between the actual combat school and the research school. Some fund managers are from trading backgrounds, but they also have some researcher experiences, such as Ding Jun of Fund Tongsheng (184699, Fund Bar). Researchers will also serve as trading directors first, and then become fund managers, such as Cai of Golden Eagle Fund, Chen of Agricultural Bank Huili and Cinda Australia Bank.

The transition from researcher to fund manager

The development route of general fund managers is: trader/researcher-assistant fund manager-fund manager. Among them, the assistant fund manager is the key link. Many fund managers said that they all became real fund managers after working as assistant fund managers for a period of time.

It is not easy for a researcher to be promoted to assistant fund manager. Not all researchers can become qualified fund managers, which requires researchers to have outstanding performance in their own professional fields. From the professional point of view, promotion depends on whether the individual's subjective will wants to develop in this respect on the one hand, and whether the individual's personality is suitable for trading in the market on the other hand, and the result of operation should be tested in the market. The process of promotion in the industry is also complicated. Directors' meeting, personal wishes and proposal submission, dual fund manager or assistant backup system, peer evaluation scoring and quantitative performance evaluation can finally decide the choice.

Judging from the work content, the difference between fund managers and researchers is that researchers only need rational analysis, that is, strictly follow their own research results and data to analyze and draw their own conclusions. Regardless of the allocation, the researcher only needs to tell the fund manager which stock pool he has studied is better. Because the fund manager depends on the operation time, in addition to rational analysis, the fund manager also needs some sensibility to trade. It is very important for fund managers to have a little perceptual knowledge of some stocks, and experience and taste are very important for fund managers.

As for investment and research, some companies are integrated with investment and research, and some are separated. In a fund company with integrated investment and research without the leadership of research department, the investment director is in charge of both research and investment. Each fund manager undertakes part of the work of a researcher. Fund managers can't just look at others' recommendations to decide their own allocation, but should make some contributions to the team. Therefore, fund managers will also undertake research work in one or two industries.

When they really become fund managers, fund managers also have a new development direction. In order to seek better career development and more efficient incentive mechanism, it is not news that many Public Offering of Fund managers have jumped ship and entered the ranks of private equity funds. Of course, there has been a reversal trend in recent years.

Operate the varieties that have been thought out. Generally, it reaches the trading room through the trading system, and important meetings convene traders. In the meantime, I will continue to browse the email reports and do active research on the issues I have recently paid attention to.

Hope to adopt!