This article synthesizes the 21st Century Economic report (Reporter: Pang Huawei) and Sina Weibo
May 10thAsiafootballworldcupqualifiers"Qiu Dongrong, a well-known fund manager, may leave his job."AsiafootballworldcupqualifiersThe rumors have attracted the attention of the industry.
On May 11, the Zhong Geng Fund announced that the two largest funds under Qiu Dongrong would hire additional fund managers. Some people in the industry have pointed out that the move to hire more fund managers is often a prelude to the departure of fund managers.
Fund V shouted: Qiu Dongrong quit or not?
With regard to the resignation rumors, the quagmire of youth of the Weibo Foundation said: "what in the end is Qiu Dongrong going to do, whether to leave or not? can you give me a quick word? there is no need to hide any more. It's all for this."
In addition, Weibo Fund V@ opener said that fund companies are now encouraged to go to the star fund to rationalize, enhance the brand of the platform, highlight the overall strength of the research team, and no longer emphasize individuals. He points out several possible paths for star fund managers in the future:
On May 10, a reporter from the 21st Century Economic report verified with the Zhonggeng Fund that the official of the Zhonggeng Fund did not give a positive or negative answer to the rumors, but only said that "do not respond to uncertain news."
In response to the relevant issues, its official position: "if there are further arrangements, we will issue an announcement in time and please follow the company announcement. Please do not trust or speculate on the information obtained from other unofficial sources."
Star fund manager Qiu Dongrong
Qiu Dongrong is one of the top star fund managers in the industry and is famous for undervalued investments, especially after the collapse of star fund managers with heavy holdings of core assets in the past three years. By the end of the first quarter, the size of the fund under management was nearly 20 billion yuan, accounting for 198 yuan.Asiafootballworldcupqualifiers.5.4 billion yuan, and excellent long-term performance.
Qiu Dongrong's five funds, of which 4 funds have an annualized return of more than 13%, are ranked in the top 10. The only one that recorded negative returns was the 18-month value of Zhonggeng Hong Kong Stock Exchange, which was established in January 2023, which coincided with the depressed Hong Kong stock market. It was established for more than a year, with a return of-8%, and ranked in the top 1max 3 of the same category.
It is worth mentioning that Qiu Dongrong is not only the deputy general manager and chief investment officer of Zhonggeng Fund Co., Ltd., but also owns company 9.Asiafootballworldcupqualifiers.73% equity.
As a small and medium-sized fund company, by the end of the first quarter, Zhonggeng Fund was in charge of 25 billion yuan in public offering, with only three fund managers. Among them, Qiu Dongrong managed fund accounted for 4% of the company's total public fund size, which shows Qiu Dongrong's position and influence in Zhonggeng Fund Company.
According to public data, the Zhonggeng Fund, established in November 2015, is an individual public offering. Meng Hui, the actual controller, holds nearly 33.25% of the company, and the second largest shareholder is Zhonggeng Real Estate, accounting for 23.75%. Qiu Dongrong is the company's fourth largest shareholder, rising from 4.99% in 2022 to 9.73% in February this year.