The double fund manager is becoming a trend. Early this month, a total of 5 fund companies for its 8 fund to increase fund managers. At present, multi-fund managers ' fund products have risen to 144. The number of managers is not necessarily proportional to the rankings. According to the data from the research center of the Good buy fund, there are 144 fund managers (two and above) in all the fund products, and a single fund manager has 398 products, and the fund manager of the fund accounts for 26.57% of the total products. Among them, the financing fund, the South fund each has 8 products using the Double fund manager system, the Construction Trust Fund has 7 such products, the investment fund, the Bank fund, the Fund also each has 6 (the Bond A/B/C series counts as one product). Once a director of a fund company told reporters that the allocation of two fund managers for the fund was motivated by a strengthening of the management of the Fund, rather than the "one person in front" as the outside world said. "Double fund manager system is mainly to strengthen the continuity of fund management, so that the fund manager changes in the fund as far as possible to reduce the impact." Jiang Saichun, chief analyst at the Trust Research Center, said to reporters. Subdivided, the emergence of two-fund managers, to a large extent, from the stock and bond investment division of labor. This is mainly concentrated in the hybrid fund. This model is adopted in the funds for the optimization of the construction of the letter and the double core balance of the investment. And at the beginning of the release, it was clear that two fund managers, one focused on equity investments, one focused on bond investments. In addition, there are fund companies in the need to cultivate new people, to adopt a combination of the old way. According to the fund manager registration rules implemented since April 1, when the fund manager is deployed for the new fund products, the "Old Man" is more convenient than the registered "newcomer" in the future. and investment style, share management energy, and to prepare for the new fund, but also are the fund companies to adopt the two-fund manager strategy, the head of a joint venture fund company in Shanghai, said, "Sometimes a single fund manager investment style will be more radical, with a more than one, you can invest in style, reduce the risk of fund products." "Can two fund managers really have the effect of" 1+1>2 "as expected? In this regard, Jiang Saichun that the two-fund managers are not necessarily better than the single fund managers, the two-fund manager system under the decision-making mechanism may not be exactly the same. Industry insiders believe that the two-fund manager system is to strengthen the continuity of fund management, reduce the potential impact of changes in fund managers, but also a fund managers training a way, a lot of double fund managers are the original assistant manager of the fund to upgrade. The number of people involved in the management of a fund's products is not necessarily proportional to their performance rankings. They brought a surprise. According to statistics, since this year, in the top 10 of the performance of the stock fund products, 3 are only the use of dual-fund manager System products, is the growth of Chinese business, the New century optimization growth and industrial social Responsibility Fund. But it is noteworthy that these 3 birthsProducts in the list, are in the front position. China Merchants prosperous growth ranked second, this year's return on earnings is 61.04%, the new century preferred growth ranked third, the same period of return of 59.62%, and Societe Generale in 59% of the return followed. China merchants flourishing growth, the new century optimization growth from the foundation of the Fund at the same time there are two managers management, while the industrial Social Responsibility Fund by Liu Chaoyang and Fu Pembo at the same time management, on January 17, 2009, Fu Pembo took office as its second fund manager, so far the yield is 47.44%, In this period of 196 of the same type funds, ranked 6th. Before Fu Pembo took office, Societe Generale Social Responsibility Fund has been a decent performance. The return on investment was 16.1% per cent before the fund was established until the Second fund manager took office, ranking 3rd in 166 of the same funds. According to the Good Buy Fund research center data show that this year, the performance ranking of 10 stock funds, the two fund manager system of the fund products, there are just 3, is the Tianhong Yongding growth, add a balanced growth, and Tianhong Select Fund. Among them, Tianhong Yongding Growth Fund and Tianhong Select Fund, although all adopted two fund managers, but noted that the 2 fund products currently have a common fund manager-Lu Yizhen. "The two-fund manager system can enhance the continuity of the management of individual funds, but in the case of a shortage of fund managers, there may be a fund manager as a manager of several funds." "People in the industry understand that. It is understood that Lu Yizhen on April 4, 2009, took office to become Tianhong Yongding growth of the second fund manager. Statistical data show that before he took office, the Fund from the establishment of the investment rate of 1.17%, in the same category of 195 funds, ranked bottom; in the 2-month period after taking office, tianhong Yongding Growth Fund's performance rankings rose in the same category of 204 fund products, to 7.58% Yield ranked 194th, out of the countdown to the results list.
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