帅印烫手，任职按月算 Job hot，Office monthly calculate

　　金证券记者 管伟

Gold securities GuanWei reporters

　　僧多粥少，日子潦倒。新基金公司的不断涌现，老基金公司的步履维艰，行业性的激励缺位，今年以来基金界出现了史无前例的高管离职潮，中小基金公司格外显眼。《金证券》盘点发现，目前73家基金公司中，有23家管理资产规模低于百亿元（今年新成立的4家基金公司除外），其中有9成已经更换了高管。有些高管任职时间并不长，甚至不足半年。

Placements across，Days out of the。The emergence of new fund company，The old fund company walk with difficulty，Trade incentive vacancies，Since this year the fund boundary appeared unprecedented executives exit tide，Small and medium-sized fund company particularly conspicuous。《Gold securities》Inventory found，At present 73 fund companies，There are 23 home management asset size less than ten billion yuan（This year the newly established four except fund company），There are 9 into has replaced executives。Some executives in time is not long，Insufficient even half a year。

　　“任职短、换人频、亏得快”现象的频频出现，究竟是行业群体性浮躁症所致，还是更深危机的冰山一角？

“For short、Substitution frequency、Luckily fast”The phenomenon of appear frequently，What is industry group blundering caused by disease，Deeper crisis or the tip of the iceberg？

　　小个头公司：任职高危区 Small size company：In high-risk area

　　今年以来多家基金公司的高管出现离职，中小基金公司已成高管任职的高危区。

Since this year several fund company executives appear exit，Small and medium-sized fund company executives has become in the high-risk area。

　　8月13日有消息称，申万菱信基金总经理于东升由于健康原因，已递交辞职报告给董事会，离职只是时间问题。财通基金公司也于近日宣称，副总兼投资总监黄瑞庆因个人原因离职，这对刚成立一年两个月的新基金公司而言，冲击可想而知。

On August 13, sources said，ShenWanLing letter fund manager YuDongSheng due to health reasons，Already submitted resignation report to the board of directors，Turnover is only a matter of time。Money pass fund company in recently claimed，Deputy director of investment and HuangRuiQing leaving for personal reasons，This was just a year two months of new fund companies，Impact one can imagine。

　　稍早的7月28日，浦银安盛发布公告披露总经理钱华离职，新任总经理郁蓓华来自招商银行(600036,股吧)，这是今年继首席运营官陈篪、首席投资官周文秱两位副总离职后的又一起高管动荡。7月8日，国金通用基金管理公司原总经理王文博宣布离职。

Earlier on July 28,，PuYinAn cheng issued disclosure QianHua general manager turnover，The new general manager YuBeiHua from China merchants bank(600036,guba)，This is the chief operating officer ChenChi this year、Chief investment officer works 秱 two deputy leaves together and executives unrest。July 8,，Countries with offering fund management company announced the general manager WangWenBo leave。

　　时间再往前推，中欧基金副总经理徐红光因个人原因离职；安信基金原副总孙晔伟、方正富邦原总经理宋宜农、长安基金总经理曹阳等，也陆续离职。

Time to go back，Central fund deputy general manager XuGongGuang leaving because of personal reasons；Former deputy SunYeWei anxi fund、Founder fubon song has the original general manager、Changan fund manager CaoYang, etc，Also have left。

　　在中小基金公司高管的变动中，《金证券》记者发现，次新基金公司的高管震动尤为激烈。

In the small and medium-sized fund company executives of the changes，《Gold securities》Reporter discovery，Time new fund company executives vibration was particularly intense。

　　据悉，2011年成立的财通基金、平安大华、安信基金、长安基金、方正富邦、富安达、国金通用等7家基金公司中，自2011年下半年至今，除了富安达高管没有发生变动外，其余6家公司的高管均出现变动。

It is reported，Established in 2011 money pass fund、Peace dahua、Anxi fund、Changan fund、Founder fubon、Rich anda、Countries with offering 7 house fund companies，Since the second half of 2011 so far，In addition to the rich anda executives did not change outside，The remaining six companies executives all appear to change。

　　帅印烫手：高管任职按月算 Job hot：Executive office is by the month

　　部分中小基金公司的高管不仅频繁走位，其任职时间也很短。

Some small and medium-sized fund company executives not only go a frequent，As the time is very short。

　　财通基金7月28日公告称，公司副总经理兼投资总监黄瑞庆因个人原因正式离职，公司目前已任命陈欣为投资总监。资料显示，黄瑞庆在财通基金的任期时间刚满一年。

Money pass fund on July 28 announcement to say，The company deputy general manager and chief investment officer for personal reasons HuangRuiQing formal exit，The company has appointed director of t. for investment。Data shows，HuangRuiQing in money pass fund term time just for a full year。

　　7月8日，去年11月才正式成立的国金通用基金公司，原总经理王文博宣布离职。《金证券》获悉，国金通用去年11月才正式成立，照此计算，王文博的总经理一职只担任了8个多月的时间

July 8,，Last November to formally established kingdom jintong use fund company，Former general manager WangWenBo announced the exit。《Gold securities》Learned that，Countries with offering last November to formally established，According to the calculation，WangWenBo of a general manager as only 8 months time

　　6月7日，方正富邦基金公告称，总经理宋宜农因“个人原因”于5月25日正式离职，总经理一职由公司董事长雷军代任。历史资料显示，方正富邦成立于2011年7月8日，宋宜农担任总经理一职不满一年。

June 7，Founder fubon fund announcement to say，The general manager is the song for“Personal reasons”On May 25, formally exit，A general manager by the chairman of the company LeiJunDai let。History data shows，Founder rich nation was founded in July 8, 2011，The song has served as a general manager is less than one year。

　　无独有偶，5月12日长安基金总经理曹阳因“个人原因”离职，原副总经理盛军接任，曹阳执掌帅印仅半年光景。

similarly，On May 12, changan fund for the general manager CaoYang“Personal reasons”exit，Former deputy general manager ChengJun take over，In CaoYang last year was only half a year。

　　平安大华基金公司成立于2011年1月，当年11月，该公司副总陈庆耀宣布离职，同样任职不到一年。

Peace dahua fund company was established in January 2011，In November，The company ChenQingYao vice-president announced exit，The same for less than a year。

　　为何中小基金公司及次新基金公司中高管频频变动？“低迷的市场、人才的争夺，这些不稳定因素给中小基金、尤其是次新基金公司带来的风险与挑战是不言而喻的。”一位基金公司内部人士对《金证券》记者表示，行业生存日益艰难，再加上公司磨合、内耗等原因，中小基金公司及次新基金公司想要留住人才更是不容易。

Why small and medium-sized fund company and time in the new fund company executives frequently change？“Downturn of the market、Talent for，These unstable factors to small and medium-sized funds、Especially the time new fund company brings risk and challenge is self-evident。”A fund company to insiders《Gold securities》reporters，Industry survival increasingly difficult，Plus company break-in、Internal friction and other reasons，Small and medium-sized fund company and times new fund companies want to retain talent is not easy。

　　他分析指出，一些新基金公司成立不久，在制度建设上较为缺乏，人员配置不成熟，以至于业绩不是很好，这给公司高管带来巨大的压力。一旦大股东对业绩考核有严格的要求，那么基金公司高管离职的概率就大大增加了。

He pointed out，Some of the new fund company set up soon，In the system construction is relatively lack，Staffing not mature，That performance is not very good，This gives the company executives brings the huge pressure。Once the big shareholders of performance evaluation have strict requirements，So fund company executives left the probability will be greatly increased。

　　他对《金证券》感叹，竞争的加剧，高层的动荡，使得原本就生存艰难的中小基金公司雪上加霜。这似乎已经陷入一个恶性循环。

he《Gold securities》exclamation，Competition intensifies，Top unrest，Make the original survival difficult to small and medium-sized fund company。This seems to have to fall into a vicious circle。

　　水土不服：洋高管没辙等“归队” endemic：The yankees executives can find no way out, etc“back”

　　这样的行业生态下，不仅本土高管束手无策，外来的“洋和尚”、出身华尔街的投资人才也难以扭转乾坤。纽银梅隆西部基金公司就是最新的一例。

Such industry under the ecology，Not only local executives at a loss what to do，foreign“The monk”、Background Wall Street investment talents also difficult to change course。New silver Mellon western fund company is the latest one。

　　近日发布的西部证券(002673,股吧)半年报透露，其控股的纽银梅隆西部基金公司上半年亏损1298.92万元。据《金证券》了解，该基金公司的外方股东纽银梅隆集团拥有逾200年的行业经验，CEO胡斌亦是在华尔街经风历浪的对冲基金经理。旗下首只基金的基金经理是从华宝兴业挖脚而至的“金牛奖”明星基金经理闫旭。这样的明星组合竟然也无法打开局面。

Recently released by the western securities(002673,guba)Semi-annual report revealed，Its holding new silver Mellon western fund company losses in the first half of 12.9892 million yuan。According to《Gold securities》understand，The fund company's foreign shareholders new silver Mellon group has more than 200 years of industry experience，CEO hu bin is also on Wall Street the wind calendar wave hedge fund manager。Its first fund fund manager from warburg industrial dig feet to“Taurus prize”Star fund managers 闫旭。Such star combination unexpectedly cannot open the situation。

　　知情人士对《金证券》透露，纽银梅隆西部基金“目前非常艰难”，不少人都在等明年7月，届时3年任期将满。

Source to《Gold securities》revealed，New silver Mellon western fund“It is currently very difficult”，Many people are waiting for the next July，The three years in office will be full。

　　外方高管具有华尔街背景的浦银安盛基金，也是一例。在特色创新和兼并整合脱困方式均不现实的状况下，其高管也准备慢慢苦熬到任满，以便“光荣归队”。

Foreign executives have Wall Street background PuYinAn cheng fund，Is also a case。In the characteristic of innovation and merger integration difficulty relief way are not realistic conditions，Its executives also ready to sweat it out to slowly by，So that“Glory back”。

　　《金证券》记者了解到，2007年后成立的一大批合资基金公司中，有一大部分是外方股东派来的外方高管，这些高管都具有华尔街背景。而目前，这些精英已所剩无几。

《Gold securities》The reporter understands，2007 years later established a large number of joint venture fund company，There is a mostly foreign shareholders sent to foreign executives，These executives have Wall Street background。And at present，These elite is running out。

　　“当初一大批华尔街精英，能熬到任满回国的真没几个。”一位基金行业人士对《金证券》表示，大部分的华尔街基金高管到了中国资本市场，都会水土不服。而2007年以后正是行情下行之际，再有本事的基金高管也难以扭转乾坤。所以，九成左右的华尔街高管都已经跳槽，散落到各家基金公司及券商中。

“Wall Street had a large number of elite，Can endure to return true by few。”A fund industry to people《Gold securities》said，Most of the Wall Street executives fund in China capital market，Will be unaccustomed to the climate of。And 2007 years later it is the market down，Have ability to fund executives also difficult to change course。so，Ninety percent of the Wall Street executives have job-hopping，Scattered to each fund company and the securities trader。