As soon as the semi-annual report of the public fund was disclosed, "big-name investors" emerged endlessly in the holding lists of some funds.
This is very unexpected.
It is reasonable to say that these investors are "big names", and they directly invest in the stock market and the bond market, and it is not fragrant to make money directly? Or is it more economical to invest in a product that you manage yourself?
But the list of holders reads in black and white: tens of billions of private equity giants, big-name investment institutions, well-known investors, and even holders with the same name as star fund managers have "quietly appeared".
Capital Affairs Hall read through 330 listed fund reports, summarizing the investment trends of the "big names" as follows.
<h2>Yang Dong "led" the investment of the war match fund</h2>
Yang Dong, who was once the founder and first general manager of Xingquan Fund, has abundant contacts and excellent historical performance in the industry.
The Ningquan assets he manages have been established for more than 3 years, and it is already a 10-billion-level private equity institution, and it has made great investment achievements in both stock and debt cities.
Such a "big name" also went to invest in public funds!
And the investment is in the holding period products of the young generation of fund managers, which is really difficult to understand.
The latest statistics show that as of the end of the second quarter of this year, Ningquan Assets held a large amount of some three-year closed-end listed funds, including the Southern 3-year Closed Strategic Placement Fund and the E Fangda 3-year Closed Strategic Placement Fund.
<h2>Mysterious private placement "like a shadow"</h2>
Interestingly, in the list of holders of the above two listed funds, there is also a 10 billion private placement that accompanies Ningquan Assets: this private placement is Shanghai Platinum Gentry Investment.
Zishitang previously reported that Platinum Gentry Investment has more than 10 billion yuan of assets under management, only 9 employees, and the founding team has the background of 10 billion quantitative institution Jintechnium Assets.
According to Tianyan, Xie Hong, the actual controller of this institution, is also one of the ultimate beneficiaries of the assets of the famous quantitative institution Jin technetium.
However, the two private placements of Boshen and Jintech did not display any information about the affiliated private fund managers in the filing system of the Asset Management Association.
Although the background of Platinum Gentry's investment is somewhat mysterious, its investment in listed funds is not small.
As of the end of the second quarter, the institution also held the China Merchants 3-year Closed Strategic Placement Fund, the China Merchants CSI All-Index Securities Company Index Fund, the Shenwan Lingxin Securities Industry Index Fund, and the Wells Fargo China Securities All-Index Securities Company Index Fund.
Looking at historical announcements, it was found that platinum gentry investment participated in the investment of a number of brokerage index funds at the end of last year. In addition, the private placement participated in the fixed increase of 10 listed companies in 2020, with a total of at least 340 million yuan of funds used in the offline placement.
When investing in the above funds, Platinum Gentry Investments bought more than one product in the top ten holders.
<h2>
The "fund veteran" appeared
</h2>
At the end of the second quarter, Hui Tianfu 3-year closed strategic placement fund, Huaxia 3-year closed strategic placement fund holder list, a private placement called Comand Capital on the list.
The private placement also has a big head, the company's management scale is in the range of 5 billion to 10 billion yuan, and the founder Ding Yang is China's first generation of public fund managers.
Ding Isle is the early boss of many well-known fund managers and investors today. For example, Liang Feng, the chairman of Putailai, served as a fund manager under Ding Yang in his early years.
In 1999, Ding Yang served as the fund manager of Changsheng Fund, one of the "Old Ten", and his qualifications were similar to those of Wang Yawei and Wang Hongyuan. In 2004, Ding Yang led the investment research team of CITIC Fund to become the manager of China's first equity public fund with a scale of more than 10 billion. After the asset merger of CITIC Fund, Ding Yang went to serve as the head of the securities trading department of CITIC Construction Investment, and then founded the private equity Command.
Nearly a decade after the establishment of private equity, Ding Yang is quite low-key, and his appearance in the list of listed fund holders this time is somewhat surprising.
Another "fund old man", Wan Yongdong, invested in the "heavy position" Changsheng Tongyi Growth Return Fund through its private equity Chengsheng.
The private placement totaled four products to buy the list of the top ten holders.
The reason why he is an "old man", as early as 2004, he established this private equity, which can be described as the earliest generation of private equity investment. In the 1990s, he worked for the China Rural Development Trust and Investment Corporation.
At present, the scale of Chengsheng investment management exceeds 5 billion yuan.
<h2>The name of the fund will be "suspected" to hold the base</h2>
The Firmament also found an interesting phenomenon, two of the holders of the Wells Fargo CSI 500 Index Enhanced Fund have the same name as well-known fund managers.
Wells Fargo CSI 500 Index Enhancement Fund has a high reputation, founded in 2011, the fund manager is Li Xiaowei, is the first generation of public quantitative fund managers, one of the industry's famous "Barclays Three Jie".
On the list of shares enhanced by the Wells Fargo CSI 500 Index, two holders with the same names as well-known fund managers appear.
Among them, the third largest holder is Zhang Hui, who has the same name as Zhang Hui, the fund manager of the Southern Fund; the ninth holder is Dong Li, and Xingquan Fund has a fund manager with the same name.
In addition, the new energy sector rose fiercely in the first half of the year. In the Cathay New Energy Vehicle Index Fund, there is a holder named Lei Ming. The Hui Tianfu Fund also has a star fund manager named Lei Ming, but whether the two are the same person cannot be checked.
The company also found that the tenth person in the list of holders of the National Thai Securities Nonferrous Metals Industry Index Fund was named Wang Sheng. This name is the same as wang sheng, chief strategic investment officer of 10 billion private equity Xingshi Investment.
It is worth noting that Xingshi Wang sheng's research expertise is cyclical assets. He said this year that the surge in commodities over the past period has been out of touch with fundamentals and unsustainable. However, judging from the future trend, medium- and long-term supply and demand will still support commodity prices to remain relatively high.
Whether the above-mentioned "suspected list" is a well-known fund manager is limited to limited information, and it is impossible to know, but it is an indisputable fact that more and more large private placements, securities companies, bank FOFs, etc. have become long-term investors of funds.
This clearly shows that public funds are indeed "worth buying" assets among many investment giants.
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