tsw power leveling macro-judgment must be very high-RODI
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tsw power leveling macro-judgment must be very high-RODI
tsw power leveling macro-judgment must be very high-RODI
265 products 172 people management; average age 2.66 years ' experience, female Fund Manager than 27% for a long time, spotlights around the stock fund manager who market.
Recently, the downturn in the stock market, bond market is gradually pick up, Bond Fund favored again, become the backbone of the new products on the market. At the same time, bond fund managers have also become "ZhiHot ". 172 funds Manager of female 27% percentage as compared to equity funds, Bond Fund is not a long history. 2002 treasure bonds was born in the South of the first Bond Fund, development is slow after a very long period of time. But rapid expansion since 2011, Bond Fund-intensive issuing after the lunar new year, accounting for half of the new Fund."Notes the rapid expansion of the Fund has three main reasons. "Lu Huitian Fund researcher said in an interview, funds for improved product line of the company taking into account on the one hand, started after the stock funds to develop development of fixed-income products and, secondly diablo 3 power leveling, investor demand for fixed income products to meet the steady investor demand; in addition, from the end of last year to the present daySince years, body, shame, bond bulls, company efforts to speed up the release of the Fund, expected to reach a better performance.
Accompanied by the expansion of bond funds, Bond Fund Manager team continues to grow, most companies are now separate the fixed income Department. This statistics, domestic public placement fund industry total of 172 Bond Fund Manager, 47 of them for womenSexual.
However, Bond Fund Manager is a new group as a whole, 172 Fund Manager serving an average age of only 2.66 years. And compared to the volatility in the stock, bond market fluctuations of smaller, relatively low yields. "Stocks rise to catch up with bonds a month a year of gains. "Lu Huitian also pointed out that, so most people would say" do the bond fundManager, to endure the loneliness ".
Probably so, females higher in the Bond Fund Manager. Despite the relatively low yields, but bond funds in the past had positive returns on average 6 years in a row. According to the 2005 ~2010 year average yield of the Bond Fund, 8.74%, 14.66, respectively, 4.And 69%.
2011 only "unit debt double kill" case, bond funds lost an average of 3.13%. Trader is a man advantage for the bond requirements of fund managers and stock fund managers. "Bond Fund Manager, dismantling borders and changes in monetary policy, macro-judgment must be very high, shares more on industry and fund managers stockGrasp.
"XING Yang Yun to this newspaper that the convertible bond fund manager, excellent macro judgment of Bond Fund Manager must have a strong ability, able to grasp the interest rate fluctuations brought about by the hoe, at any time. "Growth of Bond Fund Manager and stock fund managers are slightly different. "Lu Huitian pointed out that stock fund managers most industry researcher origin, but bond fund managers canIs a research fellow at origin, may also be a trader is a man. Lu Huitian pointed out that different from stock trading, some OTC bonds needed resources and competitors. "From this perspective, traders origin has an edge. So good Bond Fund Manager growth path from the researcher to the traders, from Assistant Manager to the Fund Manager of the Fund. "265 productsAccording to statistics, 172 Bond Fund Manager manages a total of 265 products, averaging 1.5 each management product.
Product form, 265 fixed income products including traditional debt-based currency, capital preservation funds, mixed funds, debt funds, closed-end funds and debt classification-based and other forms. "At present there is compared to fixed income and foreignIncrease the space. "Lu Huitian to this newspaper that the foreign market has a lot of focus on a category, such as focusing on investment in medium-term notes and other types of bond funds, but also does not appear. "Many bond funds may only be in the name of innovation, the real innovation is not enough. "265 in fixed-income products, most of the traditional debt-based, 146, one-level debt-66, two debt-base only 10 70, pure bond fund.
From historical data, traditional debt base has more than doubled in 2008 almost three times the number of times, but it is still hovering around the 120 billion in assets not ago. Pure debt credit debt and fund future focus "from this stage, good performance of traditional Bond Fund's scope is limited to 30 per cent would be difficult to expand, mainly due to the risk characteristics of ambiguous, volatility is too large, resulting in customer groups are not clear.
"E June Ma, fixed-income Chief Investment Officer to this newspaper that the traditional debt-debt-based main is level based and secondary debt-based, very few pure bond fund. "Primary and secondary 20% of debt-based positions can be invested in stocks, there is also part of the convertible bond positions, the mainIn order to meet part of the assets and bond between the rights and interests of free groups, but the expected rate of return is difficult to determine, it is difficult to meet the needs of institutional investors, so it's hard to scale effect.
"June Ma said. June Ma pointed out that bond funds in the future to do a large-scale solution, is to meet the clear demands of institutional investors on the risk characteristics of the product design, providing low-risk, income stabilityPure bond fund. "My 2012 issue of pure bond fund is expected to be better than last year, increase the number, the more pure, as professional as possible economies of scale. "Bond funds this change in the future, also put forward new requirements for fund managers. "Traditional debt-based demand that fund managers on the different categories of assets to investment capacity, and even a number of debt-based mainly via interest investmentGet high income.
"June Ma pointed out that bond fund manager should be more focused on bond investment in the future" the Bank ", mainly in interest rate and credit bonds do configuration, they should be required with expertise in macroeconomic analysis and credit. "Credit debt market development in the future for fund managers also put forward higher requirements. "Yang Yun stated that future market more directlyCredit debt financing needs will make the market more and more large, credit debt exposure after the event, there will be big problems of liquidity, higher demands on fund managers. (Business news) online statement Gold: Gold-line reproduced above tsw power leveling, does not indicate that confirm the description, for investors ' reference only and does not constitute investment advice. Investor operations accordingly, at your own risk.
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