The maximum loss exceeded 30%: rookie fund managers review the technological adjustments.
In this round of extreme AI market conditions, the career beginnings of some rookie fund managers have been quite perilous. Those who entered in June have already faced maximum losses exceeding 30%, and early investors have seen their floating profits significantly diminish. Despite being highly capable learners, having a broad perspective, and responding quickly, why are the new generation of fund managers still unable to escape the "track" curse? Behind the extreme track holdings, there are both the practical constraints imposed by trading structures and assessment mechanisms, as well as reflections of the limitations of the new generation of fund managers in this era. During interviews with a Securities Times reporter, some fund managers recounted the pain of drawdowns and expressed their determination to strictly limit the position size in a single track. Analysts believe that while the career of a fund manager is long, the golden period is short; the earlier the setbacks come, the greater the room for response. However, for the fund industry to break free from the cycle of a round of market conditions leading to a batch of star performers, reforms must be made in the assessment mechanisms, investment research systems, product design, and other ecological supports.
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