Following its conversion to wholly foreign-owned status, Manulife Fund has simultaneously revamped 4 key positions. The general manager has changed from Ding Wencong (丁聞聡) to Li Hui (李輝), while Huang Ruiqing (黄瑞慶) has become head of quantitative investments and general manager of the Strategic Investments Department, and Meng Jie (孟傑) has become head of the equity investment business and head of the Research Division.
Manulife Fund announced 4 key personnel changes simultaneously on 10 August. It explained that the general manager has changed from former general manager Ding Wencong (丁聞聡) to Li Hui (李輝), who is scheduled to formally join the company and take up the position. Ding Wencong (丁聞聡) has moved to a regional markets-related position within shareholder Manulife Financial Group.
The new general manager, Li Hui (李輝), is a veteran with nearly 30 years of experience in the financial industry. After joining the company, Li Hui (李輝) will begin the role reporting to Manulife Fund's chairperson. Huang Ruiqing (黄瑞慶) has become head of quantitative investments and general manager of the Strategic Investments Department, while Meng Jie (孟傑) has become head of the equity investment business and head of the Research Division.
This appointment marks the third change in general manager since the end of 2022, following the company's conversion to wholly foreign-owned status. The stated aim is to strengthen localization and coordination with global resources against the backdrop of assets under management doubling to approximately RMB 140 billion.
The simultaneous revamp of the mutual fund research division has resulted in Meng Jie (孟傑), an internally developed talent, taking charge of the equity investment division. Meng Jie (孟傑) joined the company in 2015 and built a career in the Research Division. Current assets under management stand at approximately RMB 8.5 billion, while the highest return recorded has reached approximately 113.51%.