Excuse me: Where can I find the ranking of fund managers (more authoritative ones)? How often is this ranking done? Is it every year or every quarter?

In January, a fierce ranking battle ended in smoke. It was a battle for fund performance kings and a "life and death test" for fund managers' year-end rankings. As the dust of one year's performance has settled, recruitment in the fund industry has begun, and some insiders predict that there will be another wave of fund manager resignations in the coming months.

Performance assessment is like a carrot plus a stick

At the end of each year, the two rankings of "performance" and "scale" are the constant pursuit of fund managers. Not long ago, a friend in the fund circle changed his MSN signature to "It's not that the fund has no performance, but that the investors are too cunning", vaguely telling a fund manager's worries about performance and ranking.

In 2009, the stock index continued to rise and exceeded 3,000 points amid hesitation, but there were constant twists and turns, with intermittent rises and falls, causing each fund manager's performance to undergo a roller coaster-like fluctuation. Throughout 2009, the fund ranking war continued to escalate, with fund managers fighting for a spot on the ranking list. According to media reports, the net worth growth ranking is the most important indicator for fund companies to evaluate the performance of fund managers. According to industry practice, the higher the ranking, the higher the personal bonus of the fund manager. Therefore, according to the previous method of calculating the fund's annual performance on December 31, whenever the end of the year enters, in the few remaining trading days, fund managers will try their best to make the fund higher in the fund net value rankings. First, this is also known as the fund's "year-end report market." This time Wang Yawei won the crown and became the best fund manager in 2009.

It is reported that the competition for fund year-end rankings in 2009 is quite fierce. This fund championship battle will be a rare highlight in the fund industry’s bull market, especially the ranking battle for the top 1/3 of funds will be unusual. It is intense, and can even be described as tragic, because it is not only related to the fund manager's year-end bonus, but also related to the fund manager's job. It is understood that the reason why the battle for annual fund rankings has become a battle for eyeballs in the stock market at the end of each year is because fund managers are under pressure to link their performance rankings to their career development and performance rewards. A certain fund company stipulates that the annual performance of fund managers must be ranked within the top 1/2 of funds of the same type. The year-end bonuses of fund companies range from 100,000 yuan to 3 million yuan. If you can enter the top three, the year-end bonus can even exceed 10 million yuan. Some fund companies stipulate that if you do not rank in the top 1/2, you will be laid off. Some fund companies implement a system to eliminate the last fund manager, with the elimination ratio being about 5%. The company even signed a "life and death certificate" with the fund manager at the beginning of the year. If the annual performance does not fall into the top 1/5, he will be laid off. In this regard, many fund managers said that even though their annual income exceeds one million, they are actually so nervous that they cannot sleep well every night.

The fund manager poaching war has quietly begun

As the rankings have settled, many fund companies and fund managers are beginning to plan to rotate. We have found that dozens of fund companies are recruiting talents recently, such as ICBC Credit Suisse, Wells Fargo Fund, Southern Asset Management, Harvest Fund, Golden Age Fund, ABN AMRO TEDA, Morgan Stanley Huaxin Fund, China Merchants Fund, Industrial Global Fund, and Bank of China Fund , China Universal Fund, Great Wall Fund, Changsheng Fund, E Fund, GF Fund, etc. The positions they provide focus on senior positions in fund bond investment, such as industry analysis managers, senior investment fund managers, senior analysts, fund company vice presidents, investment directors, industry researchers, fund sales managers, regional channel managers, bond fund managers, Stock fund managers, macro strategy analysts, market research managers, etc.

On the one hand, companies are recruiting, and on the other hand, fund talents can’t hold back and start changing jobs. For example, in January, there were changes in the fund managers of Soochow Jiahe Advantage Select Hybrid Fund, SPDB AXA Value Growth Equity Securities Investment Fund, and TEDA ABN AMRO Value Optimization Growth Industry Securities Investment Fund, thus kicking off 2010. The annual fund manager replacement drama.

It is reported that the value of fund managers with good performance and ranking will be greatly improved. Not only will fund companies pay high salaries and bonuses, but also headhunters will throw hydrangeas from time to time. It is difficult for fund managers with poor performance and ranking to gain a foothold in the fund industry. At the end of last year, managers with heartbeat slots had already started looking for their next employer. Industry insiders predict that as a new batch of licensed fund companies open their doors, a large number of vacant positions may trigger a wave of fund manager resignations, and a poaching war for fund managers is underway.