Hing Whole fund suspected of false propaganda in foreign countries but said the operation plate

Source: Internet
Author: User
Keywords Fund fund manager business model
Tags .mall business business model close distribution false propaganda find group
Shiri "Dong Chengfei" missing Wu Santao last November 12, Hing Whole fund Add new Ding, its 7th stock-type Fund hing business model of optimal distribution, the recruitment instructions clearly show that the proposed fund manager for the Dong Chengfei. In fact, last November was the most troubled period of fund issuance. At that time Prev Close point repeatedly hit a new low, the fund's first raise scale is getting smaller, many funds have to find help fund can reluctantly set up. A small group of fund companies even gave up the issue, especially the stock fund. When the industry is hardest, the whole fund is tough to face. Reporter noted that in the Societe Generale Global (340006, the Fund bar) business model optimization Fund product promotional materials, Dong Chengfei became a publicity bright spot, was packaged as "star fund manager." According to its rhetoric, Dong Chengfei is known as "domestic fund industry long-distance running star TOP10", investment style balanced and flexible, long-term performance is commendable. Its management of the Hing Global Vision Fund was awarded the Morningstar five-star rating (three and five years), won numerous authoritative awards in the industry: 2012, the Morning Star (China) 2012 Stock Fund Award (the only winner) and "five-year stock Taurus Fund" two awards. The reporter learned that Dong Chengfei as a Global Vision fund manager of the first four years, although the Fund's performance has not been squeezed into the same kind of top three, but also has been maintained in the same category of the top One-second positions, and once rushed into the same kind of top ten. Because of "long-distance running star", last December 18, in all the difficulties of the market, Hing business model still with the first 546.1 million of the results announced the establishment. Statistics show that in the four quarter of last year, a total of 6 equity funds set up, of which two only raise a share of about 1.1 billion, the other two only to raise less than 300 million, the whole business model of the preferred first raised scale ranked in the 3rd place. But what makes the holder depressed is that Dong Chengfei, in addition to the name of the appearance of the appearance, never appeared, Hing-business model of the preferred fund managers do not know why become Wu Santao. This makes the holder call "goods not version." Long-term Tuogang "learning" plots to be abandoned to the great landslide learned that last February, Dong Chengfei was sent to the United States to learn from investment management knowledge. After the overseas training, its management of Hing Global Vision Fund temporarily by Yang Yuebin for Management, Yang Yuebin also manages Hing Trend investment fund. August 25, 2012, Dong Chengfei returned to work in March and again abroad to study, Hing Global Vision from August 27 by Wang on behalf of the management, on behalf of the period of responsibility for about half a year. September 6, 2012, Societe Generale global recruit Yang vigorously for the fund manager. The six-month period will be full, Societe Generale worldwide in this year February 22 issued continue to be Wang on behalf of the announcement. In this way, in the past year, Dong Chengfei Management Hing Global view of the time only 87 days, less than three months, and the next six months, Dong Chengfei will still be in the "learning" state. Dong Chengfei's lack of post, frequent "escrow", so that Societe Generale Global Vision (340006, fund bar) performance began to decline. In 2012, after several fund managers had been in turmoil, the wholeThe ball field of view eventually ranked 4.47% of the same 300 fund 156th, running the same average 4.8%, this is the first time since the establishment of similar funds. This year, the global outlook, although up 5.19%, is still below the average rise in the same category. The change in response to the learning scheme is not a false advertisement. Why is it that the Dong Chengfei of the proposed fund managers in the prospectus and the release brochure, but actually from the roadshow to the late operation, fund managers are Wu Santao? Hing-All fund related people in an interview, said, "The distribution of business model optimization products, the plan by Dong Chengfei and Wu Santao Common management, but at that time Wu Santao has not yet obtained the qualifications, so the public materials can only hang a fund manager's name, and then add Wu Santao for the fund manager." In order to avoid the misunderstanding of investors, Wu Santao participated in the promotion of the new fund issue, and the media, channels and customers to do a more adequate communication, and received a lot of media interviews to facilitate more investors know. "The reporter learned that the hing-all business model preferred product Fund was approved in June last year, according to the six-year preparatory period, November IPO, December 18 set up." Dong Chengfei had studied abroad in February 2012, why would he arrange for a person studying abroad to act as a fund manager and participate in the issue of roadshow publicity? Do you borrow Dong Chengfei's fame to rally the new fund? In this connection, Societe Generale said, "Dong Chengfei was scheduled to return home in early 2013, but due to changes in the study plan, the last six months to extend, so we issued a notice on February 22, by Mr. Wang temporary Dong Chengfei Executive Hing Global Vision fund manager responsibility." ”
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