The wealthy entrepreneur: I want to support millions of employees!.
Chapter 832 Manager Pei is about to become the pillar of Jintai! The speed star of Shancheng!
Chapter 832 Manager Pei is about to become the pillar of Jintai! The speed star of Shancheng!
It’s no wonder that Luo Junqing is excited, as most of the funds managed by Jintai Public Fund are pure bonds and money market funds.
In terms of custody fees alone, the management fee rate of active equity funds is between 1% and 1.2%.
The average management fee rate for pure bond funds is 0.29%, the average management fee rate for money market funds is 0.3%, and the average management fee rate for ordinary broad-based indexes is 0.015%.
In other words, the management fee rate of active equity funds is about 4 times that of pure bond funds and money market funds, and 8 times the management fee rate of ordinary broad-based indexes!
The 6.7 million yuan of funds that Jintai has raised through public offerings will be equivalent to 4.7x4=26.8 billion yuan of management fees that can be collected in the future!
The management fee rate that Su Yang set for Pei Jiaqi's new product is naturally the highest in the industry.
Currently, the funds managed by Jintai Public Fund are just over 2 billion.
In other words, once the fundraising phase is over, more than half of Jintai Public Fund’s performance may depend on Pei Jiaqi, the 25-year-old young fund manager!
Of course, this is just a rough algorithm.
There is a reason why active equity funds charge such high management fees.
At least active equity funds are indeed difficult to manage and require more and more professional team members!
If Su Yang had not laid off employees recently, recruited new employees, and poached them with high salaries, as long as Pei Jiaqi could maintain the size of the fund, Jintai Public Fund might be able to consider how much profit it could make.
no way!
Su Yang definitely wants more!
Feeling that the WeChat chat was not going well, Su Yang called Luo Junqing.
"Do you know what to do next?"
"I know!" Luo Junqing said excitedly, "I will fully cooperate with Manager Pei's work!"
From his tone, Su Yang could tell how happy he was!
He thought about it and felt that there was nothing wrong with what Luo Junqing said!
However, Su Yang still emphasized: "We must maximize the effect of Manager Pei and use it to attract traffic!"
"I see!"
He probably understood what the boss meant!
If it works well, use it as much as possible!
"That's good!"
"But boss, do you really have confidence in Manager Pei?"
Luo Junqing had some doubts about Pei Jiaqi's abilities.
After all, private equity is awesome, but public equity is not necessarily awesome, and many of them even perform poorly!
He was worried that if Manager Pei's performance was not good, Jintai Public Fund's credibility would collapse overnight.
Creating stars is not so easy, it must be supported by performance!
As for why he asked this question now, it is naturally because his moral level is not high and he is more flexible in dealing with things!
Anyway, the right thing to do is to lure the grassroots investors in first!
Only when chatting with the boss will he ask what is really in his mind!
Su Yang thought for a while and replied: "Don't worry about this. Manager Pei is definitely a genius. I also believe in Manager Pei's judgment. If Manager Pei fails because of performance problems, it will not affect your salary and position!"
"Okay boss!"
With Su Yang's words, Luo Junqing felt half relieved.
As for the other half... he had only known Su Yang for a short time and didn't know Su Yang's character very well.
He is just judging based on experience, don't believe everything the boss says!
Su Yang asked again: "How many people are paying attention to the new fund?"
"More than 100,000 people have collected it, and most of them are just there to watch the fun!"
"Ok!"
Su Yang didn't find it strange. After all, Pei Jiaqi had never proved her strength in front of everyone!
She is still too young!
But he was also very satisfied that more than 100,000 people had collected it. These people were all potential customers!
"Among the fund managers raising funds, is Manager Pei considered the top one?"
"Probably not!" Luo Junqing whispered, "I heard that Manager Chen Shouze of Yuefa Fund has raised more than 1.5 billion. Manager Pei may be ranked third or second. Chen Shouze is considered a star fund manager of Yuefa. He has more than 20 years of experience in the industry and has won several Golden Bull Awards. His performance is very good!"
Su Yang said softly: "It doesn't matter, this is just the beginning. The more funds we raise, it doesn't mean that the performance will be better!"
Chen Shouze knew that the other party also had a three-star talent and was quite capable!
It is definitely normal for Pei Jiaqi to lose to him in the fundraising process.
"Ok!"
"Yuanshi Private Equity is also preparing to raise funds. President Xiong will contact you. You should also help him do some private equity publicity and lock in high-quality target customers!"
"this is necessary!"
Luo Junqing agreed immediately, and Yuanshi Private Equity also used its channels and connections to help them promote the company!
"Ok!"
"Keep working hard, our short-term goal is to increase the size of our managed funds to 10 billion!"
"I understand, boss!"
In the afternoon, Su Yang met with his cousin and Gu Yufei.
The next day he rushed to the mountain city and, under Liu Sheng's arrangement, met with the leader of the local department in charge of culture, sports and tourism!
Seeing Su Yang coming in person, they also expressed their welcome!
Su Yang had dealt with them before, and many of them were acquaintances.
His company has sponsored the local Tonglong football team, Xinghuo Fitness has also participated in official activities, and Meijia Home Service has often carried out charity activities in the mountain city...
When I talked to them about the Speed Star Racing Team, the support they gave this time was much greater than that given to Liu Sheng.
In addition to helping the team solve some of the training ground problems, they are also willing to use official media publicity resources to provide the team with certain publicity resources.
We are also willing to help the team contact local officials or private enterprise leaders to provide certain sponsorship!
There is definitely not much sponsorship in the early stages, and everyone is just giving their thanks to show their appreciation.
Maybe each family only has tens of thousands, and the total amount is at most hundreds of thousands, but it’s better to have something than nothing!
When he came out of the office, Liu Sheng couldn't suppress the smile on his face.
The boss’s face... really works!
"Come with me to Tiancheng Cola!" Su Yang thought for a moment and said, "I'll ask Tiancheng Cola to sponsor the team!"
"Ok!"
When I arrived at the Tiancheng Cola headquarters with Su Yang, I saw that Cai Zhenyu and other executives looked very happy.
Su Yang asked curiously: "Is this some happy event?"
He probably guessed what the happy event was!
There were business deductions, which made him lose many surprises!
But he can still pretend, at least he has to give his subordinates some emotional value.
Cai Zhenyu smiled and said, "Boss, our company has started to make a profit. Is this a happy event?"
Su Yang couldn't help but ask, "Did I make back my advertising fee?"
"Uh... not yet!"
Cai Zhenyu felt a little embarrassed.
Su Yang laughed first, and then other executives followed suit.
"But this is indeed a good thing!" Su Yang took a deep breath and said, "You have done a good job recently!"
If Tiancheng Cola had not proactively lowered its prices, it should have been profitable long ago!
But lowering prices is also a helpless move. How can we compete with the two giants, Pepsi and Coca-Cola, without lowering prices?
Just because you are a local brand, you can’t sell the same product at a higher price than others, right?
This doesn't make sense!
(End of this chapter)
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