The details of the public fund reform plan are about to be released, and the 32 trillion public fund welcomes a number of major new regulations

On March 14th, the reporter learned from many parties in the industry that the general plan of the public fund reform plan has been basically released, and is currently in the optimization and improvement stage. The follow-up will be officially released by the Securities Supervision Commission and solicited opinions. The first draft mainly makes new regulations from six aspects: assessment mechanism, rate reform, equity products, compliance, dropshipping, etc. The most important of which is to reform the assessment mechanism of public funds, with a focus on establishing a long-term assessment mechanism. For the executive level, reduce the weight of indicators such as scale, ranking, income, and profit, and the assessment weight of fund performance indicators shall not be less than 50%. For the assessment of fund managers, the proportion of performance over three years shall not be less than 80%, and the proportion of performance over five years shall not be less than 50%.