The number of fund managers with "excellent performance" has increased, and Liang Hao of Penghua Fund has lost 17.66% in the past month.

On March 22, Capital State learned that since March, there have been frequent cases of executives leaving the public fund market, such as Jia Hongbo, general manager of Qianhai Open Source Fund, who left for personal development reasons, and deputy general managers of companies such as China Merchants Fund and Galaxy Fund resigned due to personal reasons or personal reasons.

In this regard, some public offering market participants pointed out that March and April after the Spring Festival every year is the peak season for public fund recruitment and job hopping. At present, there is not much phenomenon of "public running to private" in 2021, and more changes in senior management occur in the public offering industry, which is also inseparable from the rapid growth of the asset scale of the public offering industry and the enhancement of the attractiveness of the platform.

In addition, it is worth noting that in the past two years, the fund has made money with outstanding effects, the industry has developed rapidly, and excellent fund managers have been promoted as executives, and management talents can also be reserved for the industry. It is reported that many fund managers have recently been promoted to assistant general managers or promoted to deputy general managers.

According to the recently updated prospectus of Dacheng Fund's funds, it is found that in the list of investment committee personnel, Shi Guowu's position is the deputy general manager of the company, the director of the social security and pension investment management department, the equity special account investment department, and the chairman of the stock investment decision-making committee.

In addition, on January 28, Penghua Fund issued two consecutive announcements on executive changes, announcing that Wang Zonghe and Liang Hao were newly appointed as deputy general managers of the company. Both Wang and Liang are investment research students, star fund managers of Penghua Fund, and their personal management scale exceeds 50 billion yuan.

According to Choice data, fund manager and deputy general manager Liang Hao currently manages 6 funds, with a fund size of 50.554 billion yuan. According to public information, Liang Hao is a doctor of economics from Chinese Minmin University, and once worked at the Telecommunications Research Institute of the Ministry of Information Industry, engaged in industrial policy research; He joined Penghua Fund in May 2008 and has served as a researcher, assistant fund manager and deputy general manager of the research department of Penghua Fund, and has served as a fund manager since July 2011, and is currently the general manager, managing director (MD) and fund manager of Penghua Fund Research Department.

It is reported that the Penghua Emerging Industry Mix, the longest managed of its 6 funds, has performed generally since the fourth quarter of 2020, and Liang Hao also reflected in the quarterly report: "In the fourth quarter, especially after November, the portfolio performance was almost the worst period since its establishment. The market has risen along the cycle, liquor and new energy, and most of the companies we have heavily positioned are in a state of decline, and most of them are doing well and have reasonable valuations. In the fourth quarter, from the perspective of operation and valuation, we successively added some new positions in the fields of medicine and TMT, and made some reductions in some companies with large gains and high market expectations. ”

Looking at the time line closer, the returns of its 6 funds in the past month were poor, of which the returns of 4 funds such as Penghua Emerging Industry Mix, Penghua Science and Technology Innovation Mix, Penghua Emerging Growth Mix, and Penghua Research Select Mix all fell by more than 10%.

Statistics show that since entering 2021, 36 fund companies have undergone executive changes, involving 63 people. In the period of great development of the industry, scarce senior management talents have increasingly become the object of competition between companies, and there are more and more fund managers who are "excellent". However, under the recent market turmoil, the investment and research strength of fund managers is still worth paying attention to.

This article originated from Capital State