Compared to the French team's strength is bursting, this fund company rely on what achievement of the top students in the midterm
In the first half of 2018 active equity fund overall return rankings, Bank of Communications Schroder ranked first in the 30 100 billion assets of the fund company, and its active bond fund is also very good, ranked fourth 100 billion fund company
Reporting on the results of the World Cup in the first half of the year, the company said that it is the most important thing that the fund company has done to achieve the best results.
The World Cup in Russia has come to an end. France, which relies on a group of youngsters to dominate the game, with many attack points and team play, ended up as the winner, holding the Hercules trophy for the second time. And Messi's Argentina, Neymar's Brazil, C Luo's Portugal, these teams around the superstar individual are out early. Iconic soccer and individual heroism are giving way to team soccer.
"Team play is king" - this is also a general law of development and change, the World Cup soccer field constantly interpreted the truth, in the public fund investment market has also been confirmed.
The punctuated financial research institute recently united with the Investment Times panoramic scanning of China's fund industry half-year changes, exclusive production and launch of a very industry benchmarking significance of the "2018 fund midterm school list" shows that in the investment and research systematic support, Bank of Communications Schroder fund company with a number of post-80s-based, each with its own style of the "New Golden Generation "
With the outstanding active management ability of the investment team, BOCOM Schroder Fund Co. has won the champion of equity investment in the ranking of fund companies with more than 100 billion assets, and seized the medium- and long-term steady returns for investors.
The 2018 Fund Midterm Scholarship List shows that in the first half of this year, CB Schroder Fund had a significant advantage in the overall performance ranking of fund companies with 100 billion assets. In the overall return ranking of active equity funds, the company ranked first among 30 fund companies with 100 billion assets, and ranked second in the average return of active equity of all fund companies; its active bond fund was also very outstanding, ranking fourth among 100 billion fund companies.
Active management ability is the core competitiveness of public equity funds, the first half of the year, the Bank of Communications Schroder active equity, bond fund investment ability of the full outbreak, a number of active fund performance is very dazzling. The Investment Times reporter checked the Wind information data noted that the fund half-year performance ranking list of 50 strong list, Bank of Communications Schroder accounted for 5 seats, ranked first in the whole market fund companies. Deducting 32 medical direction funds in the list, in 18 non-medical funds, BOCOM Schroder has 4 products in the shortlist, the team investment advantage is obvious.
Among them, BOCOM Medical Innovation, BOCOM Alpha and BOCOM Advantage Sector funds all achieved double-digit growth in the first half of the year. With a return of 15.37%, BOCOM Medical Innovation ranked 6th among active equity fund products.
Multi-point bloom picks group title
The A-share market was weak in the first half of 2018, with the SSE Composite Index falling 13.9 percent, the SZSE Composite Index sinking 15.04 percent and the GEM Index dropping 8.33 percent, as a result of which the public equity funds had an equally difficult time.
Galaxy Securities research data show that in the first half of the money fund average return of 1.97%, the bond fund average return of 1.83%. And stock funds in the first half of the performance is even more dismal, the average return of -11.03%, mixed fund average return of -5.25%. Open-end equity funds in the first half of the number of positive returns is less than 10%, mixed funds also only 20% positive returns.
In contrast, in the first half of the year, BOCOM Schroder a number of actively managed funds performance is bright, can be said to blossom on all sides.
In the active equity category, more than 10% return on the fund there are BOCOM Medical Innovation, BOCOM Alpha, BOCOM Advantage Sector and other three, with a return of 15.37%, 14.97%, 14.59%; BOCOM Science and Technology Innovation, BOCOM Regular Payment Dual Dividend Balance, BOCOM Pioneer, BOCOM Newborn Vitality and other four funds with a return of more than 5%, recorded respectively 9.80%, 7.27%, 7.04% and 6.99% returns respectively.
Active fixed-income products also reaped the rewards, with 16 funds having half-year returns of more than 3%, including six funds with returns above the 3.5% level, such as BOCOM Fung Ying Income C, BOCOM Yuyin Pure Bond C, BOCOM Yulong Pure Bond C, BOCOM Realm Shang Income A, BOCOM Yuyitong Pure Bond A, BOCOM Yuyin Pure Bond A, and so on, which were 6.40%, 4.72%, 3.78%, 3.70%, 3.58%, 3.70%, 3.58%, and 3.99%, respectively. , 3.58 percent and 3.53 percent, respectively.
It is increasingly difficult to earn returns in a complex market, while CB Schroders' active management strength is gradually becoming apparent. The Investment Times reporter noted that the company not only short-term performance, long-term results are also very solid, its first half of the year, whether it is the fund or the company's overall ranking, are very beautiful.
In the top 50 list of equity fund performance, Bank of Communications alone accounted for five seats, ranking first in the whole market fund companies. Deducting 32 medical-oriented funds, the company has 4 products among 18 non-medical funds, showing its advantage in equity investment. Not only does CBI Medical Innovation rank No. 6 among 1,722 Wind classified comparable funds, but in terms of long-term performance, CBI Advantage Sector has even maintained a positive return continuously from 2013 to the first half of 2018, with a compounded unit NAV growth rate of up to 270.37% over the past five and a half years, ranking it at the top of the list of 105 classified comparable funds.
The team's explosive fighting spirit has also pushed up the company's overall ranking. In the overall return ranking of active equity funds, CBI Schroder ranked first among 30 fund companies with 100 billion assets, taking the group title.
The star-studded investment team has also made the company's management scale grow against the market. Tianshang Investment Gu data show that as of the end of the first half of the year, Bank of China Schroder fund management scale of 99.743 billion yuan, an increase of 31.204 billion yuan, an increase of the whole market fund companies ranked fourth. Haitong data further shows that as of the end of the second quarter, excluding currency funds and feeder funds, the size of CB Schroder fund company was 97.912 billion yuan, ranking 16th.
The size of equity funds was 44.172 billion yuan, ranking 20th, and the size of fixed income funds was 54.154 billion yuan, ranking 15th.
The rise of the "new golden generation" team
A strong expert investment and research team has undoubtedly become a key factor for Bank of China Schroder to "take over the city" in the field of active investment. The strong expert investment research team has undoubtedly become a powerful weapon for CB Schroders in the active investment field.
At present, BOCOM Schroder has already held licenses for public placement, special account, QDII, insurance fund investment manager, etc., and has a complete public placement product line. From the structure of product distribution, the Investment Times reporter noted that its number is still dominated by stock mixed funds, of which there are 36 mixed, 9 stock-type, 22 bond-type, 7 currency-type, 2 capital preservation funds, 2 wealth management products, and 3 QDII funds. Overall, the company's funds are clearly characterized by the pursuit of differentiation rather than the simple pursuit of quantity in the issuance of products.
At present, BOCOM Schroder has gathered investment and research elites from home and abroad with entrepreneurial spirit and youthful vigor, forming a professional investment and research team with international standard of investment professional theoretical literacy.
The Investment Times reporter was informed that the company's investment and research team currently consists of nearly 80 people, with master's degrees and PhDs accounting for 92% of the total, and the investment managers have been in the business for nearly 10 years on average, and have experienced many rounds of bulls and bears, accumulating profound investment theoretical literacy and practical experience in investment.
The investment research platform*** has five major investment departments and five major research groups, the research groups include macro-strategy finance group, cycle group, machinery group, TMT group, consumer medical group, the investment team includes quantitative investment department, special account investment department, cross-border investment department, equity investment department, fixed income department, these departments and groups will be through the depth of the individual stock recommendation meeting as well as the industry allocation meeting, etc., to achieve investment research Systematization.
The prosperity of a sect often relies on smooth inheritance, and the same is true for fund managers. The reporter learned that in the selection of fund managers, CB Schroder insists on cultivating and introducing simultaneously, adopting the mode of internal competition and external introduction, and most of the fund managers come from internal cultivation. Most of the fund managers come from internal training. They have been honed by long-term industry research and stand out by virtue of their excellent performance.
The "New Golden Generation", represented by Wang Chong, He Shuai, Gai Tingting, Shen Nan, Yang Hao, Han Weijun, etc., is becoming the backbone of Bank of Communications Schroder's fund manager camp. They are mainly post-80s, aged between 32 and 38, with master's degree or above, and have been working at CB Schroders for more than five years.
A noteworthy phenomenon is that the "new golden generation" has both investment experience and vigor. These fund managers with different investment styles and distinctive personalities are inseparable from a **** nature - all by the Bank of Communications Schroders independent training, and in the company's investment research system to grow up. They used to be researchers and strategists, and after joining the investment research team of BOCOM Schroders, they kept learning and gradually formed their own style. Their birth and growth can not be separated from the high quality soil that CB Schroders has cultivated over the years.
As a leading bank fund company and a Sino-foreign joint venture fund company, Bank of Communications Schroder has always regarded talents with professional ability, sense of responsibility and dedication as the most precious assets of the company. The deep cultural soil precipitated by the company for more than ten years has allowed its successful genes to be passed on and continued.
It is understood that the career paths within CB Schroders are open, and researchers can be transferred to be fund managers when conditions are ripe. The company encourages different investment thinking and viewpoints to collide in the team, and the culture of mutual tolerance and learning also makes the investment and research team more stable. The perfect internal training mechanism will effectively copy the successful genes of CB Schroder, and the influx of talents will undoubtedly lay the foundation for the company's blossoming performance.
Looking ahead to the second half of 2018, they believe that, on the one hand, we need to be vigilant about the trade friction between China and the United States, as well as the deepening of the financial deleveraging process once again hit the market; on the other hand, the monetary policy may have been fine-tuned, the most tense moment of liquidity has already passed, the A-share industry in addition to the large consumer, the various subsectors are close to, or even lower than the valuation level at the end of January 2016, and I believe that value styles will only be Late and will not be absent, the second half of the equity asset allocation time or has gradually come.