However, Jingshun Great Wall and Liu Yanchun later responded. It seems that they will not leave their jobs for the time being, but it can't be said that there is no smoke without fire, and there are many things that are beaten in the face.

In traditional cognition, fund managers often earn millions of dollars a year, holding tens of billions in their hands, and are in high spirits. There is even the legend of Cai Chongsong's 70 million year-end award circulated in the previous paragraph. This is just a hero conceived by everyone. The fund manager is actually an ordinary person and a senior migrant worker. From the perspective of turnover rate alone, it is really high, and not all people leave their jobs to find another job, start their own private equity companies, or feel that money is not important. Generally speaking, there are four kinds.

First, do private placement.

This is also the most widely known, but it must be a top fund manager. After all, starting a new private equity company really depends on personal appeal, and the researchers of Public Offering of Fund Investment Research System don't need it.

The most famous is Wang Yawei, a fund manager who has to mention the public offering of funds. China market is also a legend, with a return of 4,300% from 2004 to now, not to mention various awards. Wang Yawei even became a phenomenon in that year, and institutions and individuals specially studied him. What stock he chose was swarmed by everyone, which is better than Zhang Lei now.

However, at the peak of his life, Wang Yawei chose to resign and set up a joint venture in Shenzhen. The first product released also raised 5 billion yuan. Wang Yawei's strength is still good, and he ranks high in charge of private placement. However, the road to development also has ups and downs, and the invested companies have experienced delisting, product liquidation and large losses. Take He Qian Bauhinia as an example. From 20 15 to now, it has increased by 108%. This achievement is not bad, but it is much worse than in the past, and its influence is different. However, this is a question of thinking about melons and beans. With the scale of tens of billions, the higher cost of private placement, and Wang Yawei himself as the boss, there must be more money. Lin Peng, another big boss of similar companies, also made his own private placement.

Second, go to a big fund company.

Man struggles upwards. At present, the form of the company is that the leading effect is remarkable, and the strong will always be strong. This is the choice of investors and fund managers. Big fund companies have better team support and system, and can make more achievements. There are too many such small companies to jump ship to big companies. Just open the resume of the fund manager and two or three fund companies will start. For example, Liu Yanchun worked in Hantang Securities (now called Xinda) and Bosera Fund.

Third, start a business.

This is more interesting. Fund managers are also people with personal feelings, not money-making machines, such as Xiao Zhigang of Tian Hong Fund, who is also a star fund manager. When I resigned, I wrote a letter saying that I wanted to open a campus bookstore, write my own books and sell them myself. There are many ideals and feelings. After reading his letter, I really believe that he has this strength. Manager Xiao is also from the media big V. I usually like to write articles and interact with fans. Being a self-media is definitely more convincing than most financial bloggers.

Fourth, forced to leave.

Our investment always focuses on the spotlight, focusing on the scale of Zhang Kun's 100 billion yuan and the explosion in Feng Bo. But outside the spotlight, the life of some fund companies and fund managers is actually not good at all. If we pull Public Offering of Fund's ranking, some fund companies even have one or two managers, and the management scale is tens of millions. We all know that if the scale of public offering is less than 50 million for a long time, it will be liquidated. If the fund liquidation is a major blow to the fund manager, it will be difficult for peers to re-employment.

Of course, some entrepreneurs are also in the form of starting a business, that is, opening another fund company. However, Public Offering of Fund's license plate is hard to get. It is not easy to do, and only a handful of people succeed. On 20 18, Fu Pengbo, general manager of Xingquan, founded Ruiyuan Fund after leaving his post, but there were big bosses in it. Although Ruiyuan Fund has only three fund managers and four funds, its scale of 44,654,380+billion is comparable to that of a medium-sized fund company, and it is hard to get a ticket for the fund.

Logically speaking, star fund managers will have a great influence on the company and its performance. Otherwise, why should the company do everything possible to prevent those managers from resigning?

Lin Peng resigned from the east is also a lot of effort. If you take over well, why not recruit a new college student?

Obviously, this road is impassable. In addition to the golden signboard, the investment ability of fund managers cannot be simply replaced. After Wang Yawei left, Huaxia Fund also stated that his ability and performance could not be copied. Therefore, after Wang Yawei left, the performance of the large-scale market in China was also very dull. There are many such examples. For example, after Qiu Dongrong left HSBC Jintrust, the performance of the funds he managed also declined.

For many companies, the star fund manager is a very big company property. There are 142 fund companies and 2329 fund managers in the whole market, and there are no more than 50 real star fund managers. It is good for a company to cultivate one, except for E Fund's prosperity. If a star fund manager is passive, the company will be hurt. For example, the size of a company in Qianhai Open Source Fund is 99.7 billion. This is also a challenge for fund companies, that is, it is difficult to find a manager who matches the segmentation field to manage the assets left by star fund managers. It is always changing at ordinary times, and it is difficult to perform well.

Therefore, star fund managers can consider selling or changing careers when they leave. More importantly, when investing, he chose large fund companies. On the one hand, it is not easy for managers to leave their jobs. On the other hand, even if you leave, you can rely on strong company system maintenance or other star managers to take over.