China Public Offering of Fund Industry, however, in the late 1980s, with the promotion of China's opening to the outside world, more investment opportunities emerged in China, and the overseas "China Concept Fund" began to be launched, mainly investing in the stocks of mainland enterprises and domestic enterprises listed in Hong Kong. In the early 1990s, two major exchanges were established one after another, which laid the foundation for the development of securities investment funds. But in the early days, 79 funds ("old funds") were established near 1992, mainly investing in real estate and corporate equity. In fact, they are similar to industrial investment funds. At that time, the supervision was diversified. Local governments, central banks and branches all had the power of examination and approval, and there were no corresponding laws and regulations. The development of fund industry is in the exploratory stage.
The standardized operation of China's fund industry began on 1998 and1March 27th, 1998. Two fund companies, Nanfang and Guotai, respectively initiated the establishment of two closed-end funds with a scale of 2 billion yuan, which started the pilot of China's securities investment fund. On June 8, 2000, China Securities Regulatory Commission issued the Pilot Measures for Open-ended Securities Investment Funds. In September, 20001year, the first domestic open-end fund, Huaan Innovation, was born, which made the development of China fund industry realize a historic leap from closed-end fund to open-end fund, and marked that China fund industry entered a brand-new development stage.
At present, a fund managed by Zhu Shaoxing is Guo Fu Tianhui Growth Mix, which was established earlier. Established in June 2005 165438+ 10/6, more than 5 years ago. Managing a fund shows that Zhu Shaoxing should have the quality of a fund manager long ago. It can also be seen from his work experience that Zhu Shaoxing worked as an analyst at Huaxia Securities in the early days, and later went to the Wells Fargo Fund in 2000. Therefore, in fact, the advantage of early entry is that the overall rate of return of Zhu Shaoxing's single fund may be the highest, and the annualized rate of return is also ideal, but it is hard to say that there are no latecomers. Fund investment is a dynamic process.
In the early days, many public fundraising bosses went to private placements. When it comes to public offering, I have to mention one person, Wang Yawei, a former "public offering elder brother". Wang Yawei was born in 197 1, and Zhu Shaoxing was born in 1973. Therefore, Wang Yawei is still Zhu Shaoxing's big brother. From the perspective of managing fund products, the earliest fund managed by Wang Yawei is Fund Xinghua, which was established in 1998. In other words, Wang Yawei was one of the earliest fund managers. 200 1 started as manager of Huaxia growth fund. During his tenure, China's net worth growth achieved a growth rate of 13.22% when the Shanghai Composite Index fell by 28.5%.
From June, 5438 to February, 2005, he began to manage the Chinese market selection, almost at the same time as Zhu Shaoxing took over the growth of Guo Fu Tianhui. Only after 20 12, Wang Yawei started private placement and won the honor of "the most profitable fund manager in China" in 2007. In 2009, Wang Yawei was elected as the "Stock-based King" in 2009. 20 10 Forbes China Top Ten China Fund Managers. Wang Yawei won the championship for two consecutive years with an annualized rate of return exceeding the benchmark geometry of 48. 17%. So, in fact, if Wang Yawei didn't go to private placement, winning or losing is still unknown. In addition, many private owners may not be known, but they are actually making a fortune silently. Only many investors know about public offering funds.
Zhu Shaoxing, the performance in these three years may not be the best. Judging from the funds currently managed by Zhu Shaoxing, Guo Fu Tianhui Growth Mix was established in 20 17 years, but in the past four years, Zhu Shaoxing's C share only ranked 335th among 1925 funds, which can only be said to be above average, not top. At present, fund managers are competing for hegemony, and the era of Zhu Shaoxing's qualifications may soon end. And now they are nearly 50 years old, and their time and energy may not be as good as younger fund managers, such as Zhang Kun, Xie Zhiyu, Gu Lan and other new generations, who may become rising stars. In the future, I think we should pay more attention to the performance of post-80s star funds, which will be the mainstream of public offering in the next 10~20 years.
Zhu Shaoxing, the best fund manager, has worked for a long time. Public open-end fund was born in September, 20001year, and now it has exceeded 19. Zhu Shaoxing 15, with an average annualized rate of 22.47%. According to the entry time, he is the first person in Public Offering of Fund in the A-share market, and no one can be equal to him.
However, several fund managers have slightly shorter working hours than Mr. Zhu, but their annualized income is higher than his. These funds are also publicly issued by National Treasure Fund Management Company.
Fu Pengbo of Ruiyuan Fund is also a veteran of Public Offering of Fund, and his working hours are 1 1 year. Although his seniority is shorter than that of Zhu Shaoxing, his annualized income is 24.53%, which is two points higher than that of Mr. Zhu. /kloc-Ruiyuan, launched in March, 2009, raised an astonishing 60 billion yuan, setting a record for the scale of public offering in the history of the fund.
E Fund graduated from Zhang Kun and Tsinghua University, and began to manage E Fund's small and medium-sized hybrid funds on 20 12. It achieved 782% in eight years and ranked in the top three in the past five years. If we can continue to maintain the current annualized income of 26%, there is also hope to surpass Mr. Zhu's star fund manager.
Wang Keyu of Hongde Fund has been in business for 10 years, with an annualized income of 23%, and the maximum withdrawal control of the fund is in place.
Throughout the investment community, Buffett's annualized income is 2 1%. The important thing is that he can keep it up. Under compound interest, he can sit at the top of the rich list, which shows how important it is to maintain a long-term stable compound interest return.
There are also many star fund managers, such as Dong, Xie Zhiyu, Xiao Nan, etc ... Their annualized income is around 20%, so you should choose these fund managers with excellent long-term performance.
Zhu Shaoxing, Fu Pengbo, Xie Zhiyu, Dong, Xiao Nan, Cao Mingchang, Zhou Weiwen, Zhou Yingbo, He Shuai, Wang Hao, Fu Youxing and Feng Mingyuan are all well-known figures in the fund industry. What makes Zhu Shaoxing relish most is that he has only managed this fund for more than ten years, and the annualized income is still more than ten points.