Chapter 185 [The opening of the demon girl detonated the purchase frenzy (32/73)]
Tiansheng Capital's current asset management scale only exceeds 200 billion US dollars, which is of course an astronomical amount. Any institution with a scale of 100 billion US dollars means that it has huge industry and social influence.
But Lu Ming's pursuit is obviously more than that. This is to satisfy the small structure. The goal is to surpass BlackRock Group and promote Tiansheng Capital to the world's largest asset management institution.
Between US$200 billion and US$5.1 trillion, Tiansheng Capital’s current asset management scale is less than 4% of BlackRock Group. The gap is indeed huge.
However, Lu Ming is confident. In his last life, he stepped on BlackRock and ranked second. In this life, he is even more confident. Isn't surpassing BlackRock a basic operation of KPI performance?
Although Tiansheng Capital’s current asset management volume is less than 4% of BlackRock Group, it depends on the development time of both companies. Tiansheng Capital was established less than two years ago, while BlackRock Group has been around for nearly 30 years.
As long as this momentum is maintained, it is not an unattainable goal for Tiansheng Capital to surpass BlackRock Group in ten years.
…
However, after the release of the 2016 consolidated annual report, Tiansheng Value Growth Mixed, a star-level public offering fund under Tiansheng Fund, also issued a latest announcement.
That means that the fund will officially open for subscription and redemption from the next trading day after the announcement, and investors can buy Tiansheng Enchantress again.
Citizens can click to subscribe.
The news quickly spread in the Christian community as if it had wings. Before this, the comment area under the Tiansheng Value Growth Hybrid Fund was not as popular as when it was crazy. Basically, the Christians inside were showing off their profits.
, as well as comments from all walks of life that came to envy the car.
But today's popularity has soared, and Christians can't sit still.
"Brothers, Tiansheng Enchantress is finally open to receive customers, rush duck!!!"
"My youth is back!"
"Can I finally buy it? If I don't open the door, I will be fucked by Big A until I lose consciousness..."
"Sell a house, sell a car, get a loan, I want to buy it all!"
"The revenue curve of Enchantress in the past two years is simply picturesque. At first glance, it seems to be a jagged straight line from the lower left corner to the upper right corner."
"The most outrageous thing is that based on the income curve since its establishment, the two comparative income lines of similar funds and the year-on-year CSI 300 cannot be found. Can you believe it? It has become a straight line below the zero axis, on the floor, and the Enchantress
It’s already broken through the atmosphere!”
"The net worth of Enchantress was fixed at 5.0093 yuan on December 31, 2016, and the annual income last year was +167.58%. It is really a mess that a fund with such a large scale can generate such high income."
"Don't ask, if you ask, Brother Yi will always be a god!"
"Brother Yitou Yi is as fierce as a tiger. Who said Brother Yitou can't do it? My youth is back!"
"Is there any brother who bought and held it on March 16, 2015? Since the establishment of Tiansheng Enchantress, the return rate is +6208%, 62 times. Is there any brother who has fully eaten it? It has accumulated 62 times in more than two years.
, the terrifying compound interest effect!”
“Count me in, I bought 30,000 yuan on the day trading resumed and have been holding it for 1.89 million yuan since then.”
"Count me in, I bought 750,000 through direct sales on the day trading resumed, and now it's 47.25 million. Thanks to Brother Yi for helping me achieve financial freedom!"
"66666, kneel down to the boss, how could the boss hold on? Especially Li Mingyang's stupid operation, how could he resist that part and not leave?"
"Well, not long after I bought it, the company got involved in a lawsuit. My wife also got divorced at this time, and the funds were frozen. Otherwise, I must have sold it at that time. I can only say that I have both gains and losses. It was not easy to win the lawsuit in the end. My ex-wife
Thinking about remarrying again... Haha, you left me when I was in the most difficult time. Now that labor and capital are developed, I want to take advantage of it!"
"Boss, this operation must be 6666. Maybe this is fate...even if luck comes, it can't be stopped."
"Brother, my wife must be so upset."
"It's so damn true. People who make a lot of money either forget their accounts, have their accounts suspended, or have their accounts frozen due to lawsuits and disputes. It's so damn true."
"Understood, uninstall the account immediately!"
"I was shocked. I thought you were going to jump off the building after studying hard... It's so embarrassing!"
"Hahaha~~"
…
The current scale of Tiansheng Value Growth Mix has reached 85.9 billion. Although the subscription channel has been closed soon, the scale has been expanding. The reason is of course the result of continuous accumulation of income and no dividends. And the basic citizens here are almost
If there is no redemption, the plate will naturally continue to rise as time goes by.
Tiansheng Fund has a total management scale of more than 137 billion. This fund alone accounts for more than half of the scale of Tiansheng Fund. It has to be said that Tiansheng Enchantress is indeed quite enchanting. The market of more than 80 billion has also become a domestic
The largest public fund of its kind.
The reason why it was opened at this time is because Lu Ming felt that the time was ripe. The returns of the five previously issued closed-end funds "Tiansheng Flexible Allocation" now outperformed Tiansheng Value Growth Mix, and his reputation has also been established.
Because these five closed funds are small and Lu Ming is a consultant, the fund managers attach great importance to them. It is reasonable to outperform Tiansheng Value Growth Mix in stages.
The most important thing is that the excellent results of the five closed funds have opened up a new situation for Tiansheng Fund. In the future, when new fund types are issued, fundamentalists will not vote with their feet and ask their souls: Why don’t I directly subscribe for Tiansheng Enchantress?
?
…
Tuesday, February 28th.
This morning, as soon as Lu Ming arrived at the company, Li Mingyang rushed to his office in a hurry, "Mr. Lu, all the Christians are going crazy!"
Lu Ming curiously asked subconsciously: "What's wrong?"
Li Mingyang said: "Tiansheng Value Growth Mix just opened for subscription yesterday. How many do you think the basic subscriptions have in one day? 32 billion, my God! The size of the fund suddenly expanded to 117.9 billion!"
Lao Li was shocked and very excited. The first domestic public fund with a single fund's capital size reaching 100 billion was born yesterday!
Lu Ming was also quite surprised.
The Christians staged a retaliatory subscription spree yesterday, with a cumulative income of +6208% in more than two years, and a return on investment of over 62 times in two years. It had been closed to new subscription funds before, but now it is open to subscription again. How can it happen?
Can you avoid being robbed...
Thinking of the magical rate of return, it seems that it is not an accident to trigger a retaliatory subscription frenzy.
Lu Ming thought, and after a while he ordered: "Ask the Tiansheng Value Growth Hybrid Fund Management Department to modify the indicators as soon as possible. Starting from today, there is a subscription limit. The subscription limit for each investment account in a single trading day is 800 yuan. For today's subscription,
If the funds have not yet been confirmed, only 800 yuan will be confirmed, and all excess funds will be returned to investors."
If there is indeed a quota for subscriptions, given the madness of the majority of the people yesterday, it may be worth 200 billion this week. Red-eyed investors have already turned fund investments into monster stocks for speculation.
.
Brother Yi can't stand it. It's very hot to have so much money in your hands. Holding cash will inevitably affect the net worth return curve.
Achieving 62 times earnings in two years and two months is indeed a fatal temptation.
Lu Ming is not worried about the fund's scale expanding to 200 billion, but it is not such a barbaric expansion method. It is normal to grow steadily. This kind of barbaric expansion causes a siphon effect on the head. If one side is bought, there will be no one there.
People care.
The main reason is that Lu Ming realizes that it is easy to be ganked. Your fund is playing with a clear card. If someone wants to mess with you, then give them the opportunity to gank. Irrational subscription will cause irrational consequences.
redemption.
When the time comes, someone has tricked someone into causing the market to plummet. When these irrational citizens lose money again and worry about losing too much, they redeem it. Well, a vicious positive feedback is formed, and the decline in net worth leads to irrational funds.
The redemption tide ebbs, so we have to sell stocks to cash out for fund redemption. A large area of selling causes the market to fall further...