Four fund company "The salted fish turns over" "The person" the function is obvious

Source: Internet
Author: User
Keywords Fund China Mail
Tags .mall .net bull market business company compared economic economic recovery
The year-end rankings of fund companies are always unavoidable. Throughout the 2009, equity funds, with a systemic recovery in the economic recovery, have been more glamorous, with average net worth growing at more than 65% per cent.  China's market is still in the past three years rarely won, and Yinhua value optimization in the new investment director Lu Wenjun under the lead by relying on the rapid rise of car stocks, Xinhua optimization growth is a dark horse. Several funds are a big Taka.  Including the outstanding performance of the first three in the Xinhua fund, as well as Chinese-business funds, Everbright Prudential Fund, the Fund and other companies in 2009 have made "a snow before the shame" performance, compared with the decline of 2008, is described as four "salted fish" fund company. Xinhua, Chinese business--new Jin potential company 2009, Xinhua fund investment director Weidong at the helm of the Xinhua optimization Growth Fund to become the industry's most vocal black horse, the Fund was established in July 2008, since the end of August 2009 for some time has boarded the stock fund champion position, as at December 30, 2009, Its annual net worth growth rate reached 113.54%, ranked third. At the same time, he was at the helm of the Xinhua pan-China Resources advantage in the same period set up a new fund in the performance.  Not only that, Xinhua fund under the old Fund of China's preferred dividends since 2009 also to 98.61% of the net growth rate in the hybrid fund ranked third. In 2008, Xinhua preferred dividends were ranked 49th in only 59 biased equity funds. The Xinhua Fund, which was established at the end of 2004, had been obscure and had managed only one fund in 4 years.  October 2009 by the original New Century fund officially renamed as "Xinhua Fund." In the second half of 2008, the Xinhua fund readjusted the structure of the Investment research team, Weidong began to manage the fund, and the Director of research was promoted to investment director.  Weidong practitioners in 16, has been in the GF Securities, Hualong Securities as self-employed or investment department general manager. Weidong said that the 2009 performance is good mainly in this year's macro and industry configuration is better, a few market style round the rhythm of the movement to grasp.  Of course, at the end of 2008, Xinhua preferred growth scale of only 88 million yuan, which has many years of securities proprietary experience Weidong operation. Flexible operation, can be said to be the key to optimize the growth of Xinhua. In addition to at the end of November 2008, February 2009, August, several market key points in the correct position allocation, from the first quarter of mechanical equipment instrumentation, real estate stocks, two-quarter transfer to the financial unit, to the August market significantly adjusted to reduce the cycle of the industry to increase the number of business, medicine and other defensive varieties  Basically grasp the market hot spot for 2009 years. and similar to the Xinhua fund, the other small and medium-sized companies in 2009 and 2008 compared with a similar "ice Fire two days" performance. Founded in 2008, the Chinese Business Prosperity Fund in recent years in the Equity fund in the fourth growth rate of 105.87%, the last year, the bottom of the Chinese business Leading enterprise fundIn the partial-stock fund ranked seventh. The key to the outstanding performance of the Chinese-business fund in 2009 also captures the market-style shift. Stock selection and timing, the first quarter of 2009-year Chinese business fund quickly increased the position, since also the pace of the market.  And stocks, two in the first quarter of the fund in CSG A, Tianwei, such as new energy and other leading stocks benefited quite abundant, and then in the group and other stocks on the harvest is not small. And China Merchants prosperous Growth fund manager Zhongtao for more than 10 years, has had 4 years of financial company investment director's career experience, also belong to the market feeling very strong fund manager, stressed "absolute benefit", and Weidong similar, its investment style relatively flexible. [Page] in the performance performance of the premise, the 2009 Chinese and Xinhua fund the size of the rapid growth.  As at the end of the 3 quarter of 2009, the total asset size ranked 9 higher than the end of 2008 respectively. It is noteworthy that 2008 years Golden Eagle Fund by virtue of its golden Eagle Small and medium fund into the top three has also become a dark horse, the size of the company in 2009 so rapid development, but with the year of Investment director Rongsu's departure, the company's rising pace gradually slowed, 2009, the Golden Eagle, although achieved more than 75%  The proceeds ranked 15th in the same fund, but the top 10 were dropped. Jiang Saichun, chief analyst at the Trust Research Center, said that the role of "people" is more obvious in the case of small and medium-sized companies, and the strength of the core investment and research team has a great impact on the performance of the Fund, while the stability of the investment and research team is an important guarantee of its performance. 2007, the benefit of the people, long letter, Thaksin and other funds have outstanding performance but are short-lived, "These are also a good rise in the momentum of the company a warning, to maintain the sustainability of this upward force is more important."  "Prudential, Everbright"-"up and down" bull Company in 2009, the Chinese postal Fund and Everbright Prudential Fund overall performance, but also with the 2008 last embarrassment formed a sharp contrast. In 2009, the core preferred stock was one of the leading players, eventually breaking into the top 10 of the equity fund, and managing the more than 30 billion-scale core-growth stock was also in the front.  This is compared with 2008 in 124 of similar funds in the penultimate and third, fourth is absolutely "salted fish." and Everbright Prudential Fund's 4 equity funds in the end of 2009 are ranked in the top 1/3 of the same fund position, Everbright Baode xin growth of stocks, Everbright Baode core stock of credit quantified respectively in the 13th and 15 places.  Look again 2008 years, Everbright Prudential of these 4 stock funds are ranked 100, Everbright Baode core stock is in 124 similar funds ranked in the penultimate. The two companies have one more in common: The 2007 bull market performed well.  China Mail Fund in the Bull War became famous, the core of the mail is preferred is the Runner fund, and Everbright Prudential also has two stock funds ranked in the top ten. China Mail Fund is famous for its high position style, but not heavyTiming. A survey of Everbright Baode stock fund positions, starting from the 2 quarter of 2007, the majority of its equity funds have maintained more than 80% of the positions.  The other feature of Everbright Prudential Fund is a more centralized allocation of financial stocks.  In the bull market, the downturn in the bear market, only in the past three years, the performance of the Chinese postal and Everbright Prudential Fund has a more obvious "bull" fund style. Jiang Saichun pointed out that the Guangdong, Invesco Great Wall Fund Some of the equity funds also have a "bull" style characteristics, 2009 performance is also better than 2008.  But this kind of fund if again encounters the bigger systemic risk, does not control in time, also may experience the big fluctuation again.  The above funds are 2009 years of the results of a change in the company, but also some small and medium-sized companies in the performance of the continuous performance of the poor, do "salted fish" to date, such as the Long Letter fund, the days of the fund. 2010, the Fund competition will shuffle again, the market wait and see.

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