The Research On Manager's Impact On Fund Performance Of Management In China

Investment funds development abroad own to have a history of more than 100 years, help investment , expert manage , disperse risk and unique advantage of large-scale production with it, have nowadays become the fashionable new developing investment way in the world, has played a very important role on the world financial market. The development of the investment funds of our country is only history of more than ten years, it is as the investment tool of a kind of masses, already been favored by investor, at the same time in order to develop and stabilize the security market, plays a incomparable role. This text to both at home and abroad about influence security investment fund performance factor study foundation of survey, manager's impact on achievement of the fund of the key research foundation. The article is from analysing the state of the manager's market of fund of our country, personal characteristic are started with, have found out the manager's personal characteristic of fund of influencing the achievement of funds on this basis, analyse; In addition, this text has been analysed to the fund manager in another perspective: Appraise to managerial ability (including securities choose ability and market opportunity to grasp ability ) , fund of manager, analyse from it that influences a fund manager to manage the factor of the ability of funds.This text has used the method that the ration combines together with determining the nature in the study on fund manager, draw lessons from ripe appraisal model abroad fully, to to turn on fund management ability of fund of manager , way of fund appraise our country. We Can work out the conclusion through the real example to manager's personal characteristic of the fund: Young fund manager , is it enrich " actual combat " fund manager , investment of experience manage achievement of fund better usually to have, make fund manager fund manager for a long time have better ability to manage fund in same fund management company; The fund manager's time of obtaining employment of securities, the manager's number of fund of managing fund does not have remarkable influence on the achievement of the fund .Get the following conclusion to the research which the fund manager manages the ability of the fund: Most of managers of fund of the open-ended fund of our country have securities to choose ability , hardly there is a market opportunity that holds ability .This text, also to analysing the method to adopt in the course and conclusion drawn by this have done brief evaluation and analysis, and to influence fund manager manage fund factor that ability give play to make simple analysis, propose relevant suggestions, choose the outstanding operator to have function of consulting to the management company of investment funds of our country.