According to result of the Third China Fund “Yinghua” Award, four fund managers with ICBC Credit Suisse Asset Management won five awards for their surpassing performance in both stock and securities business and the outstanding investment management capacity. ICBC Credit Suisse Asset Management is the most awarded fund company, including three fund managers awarded for the third consecutive year since the establishment of the award.
Statistics shows that in 2015 ICBC Credit Suisse Asset Management made the correct judgment on macro-economic situation, the trend of monetary policy and market liquidity change. The fixed-income funds posted an outstanding performance. The average return rates of its one-year, three-year and five-year bond funds were 12%, 39.66% and 51.71% respectively, achieving excess returns compared to the market and peer level. ICBC’s Tianli Bond Funds with periods of three years and five years realized an average return rate of 45.07% and 52.15%, exceeding the same type of funds and inter industry level by 13.37 percentage points and 12.52 percentage points respectively. ICBC’s Tianyi Securities (A category) posted an annualized rate of return at 19.3% in the past three years, and total return rate reached 69.8% which exceeded almost 24 percentage points compared to the inter industry level. In addition, two QDII funds, i.e., the overseas investment public funds under ICBC Credit Suisse Asset Management—ICBC Global Selected and ICBC Global Stock achieved an eye-catching performance with 2015’s return on net worth at 15.58% and 10.35% respectively, exceeding the average level of the same type of funds in the same period by 16.64 percentage points and 11.41 percentage points respectively.
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