1994 joined citic international cooperation company, worked in this company for one year, and began to contact securities investment business in the last three months.
65438-0995 joined Huaxia Securities Company and worked as a research manager in Beijing Dongsi Sales Department, the largest securities business department in China at that time.
65438-0998, the domestic fund industry started and the fund Kaiyuan was established. At the same time, Huaxia Fund Management Company began to build, and Wang Yawei and Fan Yonghong, then general manager of the sales department, joined the preparatory group, and the company was established in April.
On April 28th, 1998, Huaxia Fund's first closed-end fund, Fund Xinghua, was established. Wang Yawei was originally an assistant fund manager of Xinghua Fund, and later became a fund manager. At the same time, he studied in graduate department, Institute of Finance, and obtained a master's degree in economics.
From1April 28th, 1998 to Wang Yawei's departure in 20021October, the net growth rate of Xinghua Fund was 84.86%, corresponding to the increase of Shanghai Composite Index 18.79% in the same period.
200 1 65438+2 Wang Yawei began to be the fund manager of Huaxia Growth.
In 2002, the Shenzhen and Shanghai stock markets fell by 18.62% and 8.07% respectively, and the net growth rate of China was -3.09%. This achievement should satisfy professional investors, but it makes domestic financial managers who have just contacted the fund feel uneasy.
In 2003, the Shanghai Composite Index hit a new low 1 1. The net growth rate of Huaxia growth is 13.09%. Wang Yawei concluded in the annual report: Compared with peers in the same industry, the investment opportunities provided by the market, the rate of return in 2003 was not satisfactory.
In 2004, the bear market continued, with the Shanghai Composite Index down 15.4% and the Shenzhen Component Index down 1 1.85%. At that time, China's net growth rate was 3.9 1%, and Wang Yawei could not remember his achievements outside the leasing industry.
In April 2005, Wang Yawei ceased to be the manager of Huaxia Growth Fund. According to the data of Cai Hui, from 200 1 to 2 1 in February 2005 to 12 in April 2005, that is, Wang Yawei left office, the Shanghai Composite Index fell by 28.5%, but the net growth rate of China was 13.22%.
From June 5th, 2005 to February, 2005, Wang Yawei took over the China Market Select Fund.
In 2006, Huaxia Market ranked112 among 8 funds, and its performance was 154.49%. The Shanghai Composite Index rose by 130%, while there were 19 funds whose net value increased by more than this figure in the same period. The average annual rate of return of all equity funds is 109.83%.
In 2007, the fund was in full swing, ranking first among all kinds of funds in China with a net growth rate of 226%, 35 percentage points higher than the second, and the net growth rate was 2.33 times that of the Shanghai Composite Index in the same period. For a time, the China market became a high-profile bull base, while Wang Yawei won the honor of "China's most profitable fund manager", winning all the Golden Bull Award, Star Award, Best Performance Award, Highest Return Award and Most Popular Award.
In 2008, there were 19 public securities investment funds under the Summer Fund, and the total net assets of public offerings reached 188862 billion yuan, with a market share of 9.74%, ranking first among all 6 1 fund companies.
As of September, 2009 1 1, the China market has risen by 77.94% this year, ranking eighth, while the Shanghai and Shenzhen 300 index has risen by 74.84% in the same period.
On June 20 10, Wang Yawei ceased to be the chairman of the investment decision-making committee of Huaxia Fund. [ 1]
Wang Yawei's personality assessment
Firm and peaceful
Wang Yawei is peaceful and humble, gentle and honest. Wang Yawei said that a good fund manager should cultivate "not to rejoice in things, not to grieve for himself" and keep inner peace. Only by building the triple doors of "character", "taste" and "thought" to a certain height can he resist the fatal temptation of investment and life.
Wang Yawei analyzed his advantages in investment, and besides methods, he also emphasized personality. Steady, firm, kind, and not afraid of difficulties are more influenced by family. Wang Yawei, who comes from an intellectual family, thinks that his father is the person who has the greatest influence on him. His father's example laid a good knowledge foundation for Wang Yawei.
Once Wang Yawei has set its direction, it can stand the test and go on resolutely even through twists and turns. When he graduated from Wang Yawei University, his father was diagnosed with gastric cancer, but with firm belief and active treatment, he overcame the disease and is still healthy. This incident convinced Wang Yawei that there was no hard threshold and he would not give up and change his goals easily. This character has also been reflected in investment. In the first three quarters of 2007, the net growth rate of Wang Yawei's China large-cap fund was far ahead of all equity funds. However, due to his different views on the high valuation of bank real estate stocks caused by the appreciation of RMB, although considering the possibility of market hotspots rotating, he still failed to follow up the market hotspots in the fourth quarter in time to cover the bank real estate stocks, and finally Huaxia Market Select Fund failed to maintain its champion position in the first half of the year.
Learn to think calmly and independently.
Years of working career made Wang Yawei deeply realize the importance of independent thinking. "If you want to find the future bull stock, you must calm down and think independently from the various voices that are currently flooding the market. This is an era of information flooding. There is not too little information, but too much. You must have keen insight and filtering ability to grasp the key to the matter, otherwise you will be at a loss and lose your way. " Wang Yawei said, "As a fund manager, investors give you money to think for him. If you go with the flow and lack the spirit of independent thinking, you have not fulfilled your responsibilities. " "Calm down and guide yourself with your own ideas" has become Wang Yawei's advice as a professional investor.
Wang Yawei-Personality Influence
As one of the few veteran fund managers in Public Offering of Fund, Wang Yawei's shares are usually warmly welcomed by the market once they are discovered. After the bear market test in 2008, Wang Yawei's reputation is getting higher and higher. As a "celebrity", being chased by "fans" is almost natural. There is no shortage of rumors and discussions about him in this circle, and among all the topics, what excites investment managers and investors most is Wang Yawei's operation trend in the stock market. The so-called "Wang Yawei effect" of some market participants means that once a stock is found to be bought by Wang Yawei, it will be warmly welcomed and its share price will be pushed up.
A FOF fund manager thinks that since Wang Yawei is one of the few star fund managers in the China market at present, it is normal for everyone to pursue the stocks he bought, and this pursuit has improved the performance of the fund to some extent. The fund manager believes that there are three paths to obtain excess returns: doing well in each sub-band, selecting good varieties and benefiting from the star effect.
In 2008, the global market was shrouded in a bear market atmosphere. Although Wang Yawei was the most profitable fund manager in 2007, due to his poor performance in the early bear market, there have been many different views on his operation methods and styles in the industry. But Wang Yawei at this time is a far cry from the original.
The "Wang Yawei effect" is generally recognized in the industry. An investment director of a private equity fund told China Business News that a considerable number of small-scale private equity funds make a living by inside information, and they will enter in advance to earn profits for the stocks that the fund may have heavy positions. Wang Yawei's stock selection is one of the favorite targets of such funds. Since most of Wang Yawei's stocks are small and medium-sized, the stock price will not have much financial reaction.
Another Public Offering of Fund manager said that he thought the "Wang Yawei effect" did exist and "has formed a powerful platform", although the circle may be relatively limited.
Wang Yawei honor
In 2007, Wang Yawei won the honor of "the most profitable fund manager in China" and won the Golden Bull Award, the Star Award, the Best Performance Award, the Highest Return Award and the Most Popular Award in one fell swoop.
In 2009, Wang Yawei was elected as the "Stock-based King" in 2009.
201July 10, Forbes Chinese published the list of the top ten fund managers in China in 20 10. Wang Yawei, manager of Huaxia large-cap fund, won the championship for two consecutive years with an annualized rate of return exceeding the benchmark geometry of 48. 17%. [ 1]
Wang Yawei gossip
Cause of incident
On February 4th, 2009, an online hot post "Wang Yawei's extramarital affair, originally made a scene with China" went viral in the fund circle through MSN, once again pushing the "best fund manager" admired by the citizen to the spotlight and focusing lens. Before the Spring Festival, Wang's wife made a scene in the office of the vice president of Huaxia Fund, accusing her husband of having an affair. Therefore, the vice president called an interim meeting to discuss the matter.
affect
Although the fund manager's extramarital affairs may not be directly related to the investment performance, the original wife's complaint to Huaxia Company for organizational help will definitely affect Wang Yawei's low-key and healthy image, and will also have a certain impact on Huaxia Company's corporate image.
Huaxia Fund attaches great importance to this matter and has reported it to the CSRC for professionals to handle this matter. At about 5: 30 pm on February 4th, Huaxia Fund issued a statement in official website, saying, "Recently, a website spread some boring rumors about Wang Yawei, an employee of our company. Upon verification, the above rumors are purely false fabrications, fabricated out of nothing, maliciously slandered, and seriously infringed on the reputation of employees themselves and our company. Authorized by the employee himself, our company reserves the right to take all legal actions. "
This rumor of less than 400 words has set off a "great wave" in the financial circle in just a few hours. It is said that the heat once overshadowed the Shanghai Composite Index and broke through the 2 100 mark. It is said that the gossip heroine is a female employee of ICBC.
Wang Yawei-"Bei" resigned.
Warren Wang Yawei was told to resign again, this time with Fan Yonghong, general manager of Huaxia Fund. In recent two years, Huaxia Fund has been preparing for the upcoming equity trading drama, but the news that the main actors are going on strike is endless.
According to rumors, Fan Yonghong, general manager of Huaxia Fund, and Wang Yawei, deputy general manager, both asked to resign, which was rejected by the CSRC on the grounds of "excessive social influence". The news of Wang Yawei's resignation is not new. From the first day he was put on the altar, he would be "resigned" every once in a while. This time, the rumors stand out, because Fan Yonghong, the real boss of Huaxia Fund. [2]
Wang Yawei-Top three in the year or not guaranteed.
20 10 12 1, the latest performance statistics show that the annual income of China's strategic selection managed by Wang Yawei is 30.7%, temporarily ranking third, and the backward Galaxy industry is less than 1%. Harvest Growth, Cinda Aussie Small and Medium Bank and Soochow Double Power ranked fourth to sixth with 28.77%, 27.7% and 27.32% respectively. In the remaining month, the competition among the top three will be very fierce.
Galaxy Industry, which ranks second temporarily, is preferably managed jointly by Ms. Chen Xin and Mr. Cheng Sheng, while Ms. Wang Jiong manages the sixth-ranked Soochow Double Power alone and manages the ninth-ranked Soochow enterprising strategy together with Mr. Zhu Kunpeng. As can be seen from the statistics, the gap between the second place and the tenth place is less than 5%, except for the leading Chinese businessmen who have obviously run out of growth. Wang Yawei has won two championships and one Asia in recent three years, and it is very difficult to defend 20 10. In the last month, she may be squeezed out of the top three by two female fund managers. [3]
Only these graduates don't.