In the first 11 months, 234 fund managers left, reaching a new high in nearly five years

category:Finance
 In the first 11 months, 234 fund managers left, reaching a new high in nearly five years


A fund analyst from Shanghai Securities Fund Evaluation and Research Center believes that fund manager turnover is a long-standing phenomenon in the industry. When the market performance is very good or very poor, fund manager turnover will increase. Bull market is active job hopping fund managers, bear market will let can not adapt to the environment of fund managers to leave. For example, in the bull market from the second half of 2014 to the middle of 2015, we counted 142 companies. In the 10 months of market rise, on average, 23 fund managers left each month. In the six months following the decline, an average of 22 people left each month. While from 2016 to 2017, when the market was relatively normal, 159 and 170 people left each year. This fund analyst introduces.

However, some people in the industry believe that for the industry, the turnover of more than 200 fund managers is a very high data. According to a person from a small public offering product department in South China, mutual funds advocate value investment and long-term investment. The turnover rate of fund managers exceeds 10%, and investment performance is bound to be discounted.

Extended reading fund master at the end of the year to play the Eighteen weapons top ten securities strategy: the opening of the next years market will usher in the main upsurge in December, the capital flows into financial stocks to become the key object of adding positions. Source: China Fund News Editor in charge: Ren Hui_ NBJ9607