B · Normal
[Liu Yanchun’s 11 billion masterpiece has hired additional partners and only one product remains under his sole management] On November 7, Liu Yanchun once again hired a fund manager for the products he manages. On November 7, Invesco Great Wall Fund announced that Nong Binli was hired as the emerging growth fund manager of Invesco Great Wall and is jointly managed with Liu Yanchun. As of the end of September this year, the scale of Invesco Great Wall's emerging growth was 11.027 billion yuan, accounting for more than 50% of Liu Yanchun's 21.881 billion yuan public offering management scale. It is its longest-managed and largest public offering product. After this additional hire, Liu Yanchun only manages Invesco Great Wall Excellent Growth among the six products under his management. The remaining five have successively hired additional fund managers since May this year. The returns of the new fund managers who have been hired have not yet turned positive in their respective products. Invesco Great Wall Jiying has had the deepest retracement in two years of growth, with a total return of -34.01% since the additional recruitment; Invesco Great Wall Dingyi has retraced 27.97%; Invesco Great Wall Domestic Demand Growth and Invesco Great Wall Domestic Demand Growth No. 2 retracement range is about 3%. (Reporter Zhou Xiaoya)
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