Billionaire fund manager Bao Wuke resigns for personal reasons.
Billion-dollar fund manager Bao Wuke resigned, and today, Jingshun Great Wall Fund announced that Bao Wuke has resigned from 8 products under management for personal reasons. In the past month, fund managers have been hired twice for the products managed by Bao Wuke, with Liu Su, Zou Lihu, Zhang Zhongwei, and Wang Yong respectively taking over. The intensive hiring of fund managers has become a signal of fund managers resigning. Bao Wuke joined Jingshun Great Wall Fund in December 2009, and has worked at Jingshun Great Wall for nearly 16 years, serving as a fund manager for 10 years and 326 days. The management scale before resignation was 16.207 billion yuan, with a best term return of 375.01%, and all managed funds had positive returns during his term.
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