Ji Wang's Gold Medal: Big Moldova Huaxin &Nbsp; Management Assets Scale Up.

In 2008, Morgan Stanley Huaxin Fund realized the renaming of the company. Company completed in 2009 stock right Recombination. In the past 2010, Morgan Stanley Huaxin Fund asset management Scale ranked 15 rapidly, ranking forty-third.

According to the recently disclosed fund Annual report data show that in 2010, Morgan Stanley Huaxin Fund scale At the same time, it also achieved a profit of 1 billion 60 million yuan for the foundation.

　　 Scale and profit double harvest

　　 annual report Data show that the Morgan Stanley Huaxin fund manages assets of 12 billion 436 million yuan, ranking forty-third in 60 fund companies.

It is worth mentioning that in the past 2010, the fund management assets scale was presented as a whole. Downtrend Compared with 2009, it dropped to 2 trillion and 518 billion 454 million yuan. Against this background, the assets of Morgan Stanley Huaxin Fund jumped from 3 billion 259 million yuan in 2009 to 12 billion 436 million yuan.

Financial weekly statistics found that Morgan Stanley Huaxin Fund last year asset management scale growth rate reached 281.59%, asset management scale rose in the industry.

As the scale of assets rose sharply, the Morgan Stanley Huaxin Fund also made a profit of 1 billion 60 million yuan for the Chinese people in 2010. Unlike the company's assets in the middle and lower reaches of the industry, Wind statistics show that the Morgan Stanley Huaxin Fund has achieved the 1 billion 60 million level of profit in the seventeenth place.

At present, the Morgan Stanley Huaxin Fund has a total of 7 funds, namely, the optimization of the resources of the Molo resources, the growth of the big Mo, the consumption and navigation of the big Molo, the big and strong income bonds, the leading position of the big Mo, the mixing of the foundation industry of the big Molo and the currency of the big mo.

From the perspective of product type, they are 2 stock funds, 3 mixed funds, 1 bond funds and 1 monetary funds respectively. Among the single products, the three most profitable funds are the mix of resources, the leading edge of Da Mo and the growth of the company. Among them, the resources of the Molo resources are optimized to achieve a profit of 409 million yuan by mixed operation, and the leading edge of Da Mo is 407 million yuan, and the growth of the company is 194 million yuan.

It is worth mentioning that the company's flag Bond type The fund's revenue bonds also achieved a profit of 44 million 928 thousand yuan in 2010. The money fund of the monetary fund realized the profit of 5 million 460 thousand yuan.

The double harvest of scale and performance is closely related to the steady development of the company. As the two largest shareholder holding 70% stake in the company, Morgan Stanley and Huaxin securities have their own advantages in the domestic and foreign capital markets.

In addition, since the company changed its name in 2008, the company has attracted a number of professionals with overseas experience or outstanding achievements in local funds. They have rich industry experience and good reputation, bringing different ideas and culture, and become a new force in the development of the company.

　　 The two fund achievement outstanding

In the past 2010, the company's most outstanding performance is the leading edge of big Molo and the two funds of the resources of the company.

Among them, the leading net advantage of Da Mo rose by 21.97%, and the mixed net value of Molo resources increased by 18.51%. According to Morningstar data, as of December 31, 2010, the leading stock fund of Da Mo ranked ninth in the 230 equity funds participating in the ranking with a net growth rate of 21.97%, and the average yield of the same type fund was 0.05%. The mixed fund of Tai Mo resources is ranked ninth among the 87 radical allocation funds participating in the ranking, and the average yield of the same type fund is 5.75%. It is worth mentioning that the resources of the Molo group were selected as the first LOF fund of the company, and it was established in September 27, 2005.

Let's look at another fund of the company. The leading edge of Da Mo was founded in September 22, 2009, and the latest share is 1 billion 843 million. The fund is a listed company with continuous leading growth capability and valuation advantage as its main investment target. By the end of the fourth quarter of 2010, the top three shares of the fund were the highest in the net value of the fund, which were Lai Bao Gao Ke, Shanghai Pharmaceutical (19.82,0.18,0.92%) and Guodian 34.59,1.58,4.79%.

Recalling the market performance of the three stocks since 2010. Lai Bao Gao Ke rises 171.52% all year round, Shanghai medicine rises 56% all year round, Guodian Nancy rises 47.18% all the year round.

In reviewing the 2010 stock allocation strategy, Chen Xiao, a leading fund manager of Da Mo, said that considering the macroeconomic situation and the global economic development pattern, it was considered that there was no systematic market opportunity in the market. Structured assets allocation was the main source of excess returns. Therefore, in combination, the emphasis was placed on medicine, big consumption and emerging economy. Under the premise of proper control of positions, some of the decisive gains were obtained through defensive assets, and the whole group's offensive ability was achieved through the high growth of emerging economies in the process of China's economic transformation.

At the same time, Chen Xiao pointed out that before September 2010, the fund's bond allocation remained at a relatively high level, with a view to strengthening cash management and enjoying higher market interest rates under the weaker market conditions, while avoiding certain stock market risks. After October, considering that China's economy is in the cycle of rising interest rates, holding bonds will face certain risks. The fund reduces the proportion of bond allocation and the duration of the whole bond portfolio.

For the investment strategy of Chen Xiao's leading edge in 2011, it concluded that before the change of the market environment of high inflation and tight policy, the investment strategy should be adjusted to the strategy of "first defense and backward attack". Under the circumstances of slowing down policy and increasing economic driving force, the investment strategy should be adjusted to the strategy of "selecting stocks and focusing on growth", and strive to grasp the structural investment opportunities in the whole year's volatile market.