Lates News

Billion-dollar fund manager Bao Wuke resigned. Shenglong Castle Fund announced today that Bao Wuke has resigned from managing 8 funds for personal reasons. In the past month, two fund managers have been hired to take over the products managed by Bao Wuke. These products are now managed by Liu Su, Zou Lihu, Zhang Zhongwei, and Wang Yong. The frequent hiring of new fund managers has become a signal of fund managers leaving their positions. Bao Wuke joined Shenglong Castle Fund in December 2009 as a researcher and has been a fund manager for nearly 16 years, with a total of 10 years and 326 days as a fund manager. Before stepping down, the managed assets under Bao Wuke's management were 16.207 billion yuan, with a best term return of 375.01%. All funds managed by him had positive returns during his tenure.