Financial Associated Press (Beijing, reporter Chen Junling) news, november 2, the afternoon "well-known fund manager death" news in the market went viral, a number of fund circles have inquired, until a special announcement of huaxia fund, confirmed this sad news.
"Mr. Cai Xiangyang, a senior manager, a member of the Investment Committee and a fund manager of Huaxia Fund Management Co., Ltd., died in Beijing on November 1, 2021 at the age of 41." This hundred-word special announcement is full of regret and reluctance for fund managers.
<h4>Colleagues lamented the impermanence of life, and media people spontaneously "prayed with both hands"</h4>
"It's so impermanent!" A person from Huaxia Fund sighed at the reporter of the Financial Associated Press. Just ten minutes after the special announcement was issued, many media people in the Huaxia Fund Media Communication Group began to spontaneously solitaire and issued a "two-hand one" prayer to the deceased fund manager Cai Xiangyang.
A senior media person in the fund circle sighed that because of the working relationship, he had been in close contact with Manager Cai several times over the years, and he was deeply impressed by his erudition, rigor and wisdom, until he saw the announcement, it was difficult for him to believe the reality of the death of such a young and outstanding fund manager.
Three months ago, Huaxia Fund held a strategy meeting in Beijing, and Cai Xiangyang and other fund managers made a collective appearance. Two weeks later, in an exclusive interview with the Financial Associated Press, General Manager Li Yimei repeatedly expressed her praise and affirmation for Cai Xiangyang's ability and performance.
Cai Xiangyang, 41, graduated from China Agricultural University with a master's degree in finance, joined Huaxia Fund in October 2007, served as a researcher, assistant fund manager, investment manager, and administrative head of the investment research department, and began to serve as a fund manager in May 2014, successively responsible for the investment management of many funds and products such as Huaxia Return and Huaxia Return No. 2.
For the unfortunate death of Mr. Cai Xiangyang, the Board of Directors, management and all employees of the Company express their deep condolences and deep remembrance. "Mr. Cai Xiangyang has worked in the company for 14 years, loves the investment cause, has excellent investment ability, and participated in and promoted the improvement and improvement of the investment research system of Huaxia Fund. Mr. Cai Xiangyang's professional ability has also been affirmed by the industry and investors. ”
He has won 6 awards such as Golden Bull Fund, Star Fund and Golden Fund, and the funds under management have accumulated dividends for holders of more than 14.2 billion yuan. Mr. Cai Xiangyang values every trust and trust of investors, and creates considerable long-term benefits for investors. The announcement said.
This is sad news and the most reluctant announcement of huaxia fund. The Board of Directors, management and all employees of the Company express their sincere gratitude to Mr. Cai Xiangyang for his outstanding contributions to the development of the Company over the years, and express their deep condolences to Mr. Cai Xiangyang's family.
<h4>Half a year ago, I was just promoted to an executive, and the three quarterly reports became the last "living words"</h4>
On April 8, a number of funds under Huaxia Fund issued an announcement at the same time, Zheng Yu and Sun Bin were newly appointed as deputy general managers of Huaxia Fund, and Cai Xiangyang was newly appointed as senior manager of Huaxia Fund, and the three of them were appointed on April 7.
According to the data, before being promoted to senior management of the company, Zheng Yu and Sun Bin were both members of the Party Committee of Huaxia Fund and also served as fund managers or investment managers; Cai Xiangyang was the senior fund manager of Huaxia Fund, and the total assets of the fund at that time reached 64.132 billion yuan.
In the section of the three quarterly reports disclosed last week, "Analysis of Fund Investment Strategies and Operations during the Reporting Period", Cai Xiangyang and other fund managers also presented investors with "small essays" on market outlook and fund investment, which have now become his "living words".
Speaking of the portfolio management of Huaxia Hongyang's 6-month holding period fund, Cai Xiangyang said that in view of the macro environment and the operation of individual stocks in the industry, the position structure has been adjusted: the valuation level of the portfolio as a whole has been reduced, the position is relatively more dispersed, the new energy manufacturing and operation links have been increased, the structure optimization has been carried out within the consumer industry, and some liquor, Internet, tax-free, beer and some food processing enterprises with good growth have been reduced.
Looking forward to the future, Cai Xiangyang said in the above article that he insists on "bottom-up" selection of individual stocks with high ROE, high barriers and strong growth sustainability, and the investment direction is mainly concentrated in the fields of consumption, medicine, high-end manufacturing, etc., in order to share the sustained growth of these excellent companies through long-term shareholding.