On December 31, Wells Fargo Fund announced that Yu Yang was employed as the fund manager of Wells Fargo new power flexible allocation fund. After leaving the private equity fund Qinmu assets, Yu Yang returned to Wells Fargo fund.
According to wind data, Yu Yang has successively served as an analyst of First Capital Securities Co.Ltd(002797) securities and pharmaceutical industry, a researcher of Huachuang securities and pharmaceutical industry, and a chief analyst of Anxin securities and pharmaceutical industry. In November 2015, he joined Wells Fargo fund as a senior industry researcher. He began to work as a fund manager in 2017 and resigned in June 2020. During his tenure, Yu Yang managed many funds, including Fuguo pharmaceutical growth 30, Fuguo biomedical technology, Fuguo healthcare industry, Fuguo precision medicine and Fuguo new power, with a total management scale of RMB 13.892 billion. After leaving Wells Fargo fund, Yu Yang joined Qinmu assets as investment director.
On November 11, 2021, Yu Yang issued a letter to the holder, in which he mentioned his reasons for leaving office. On the one hand, personal investment style is still difficult to adapt to the absolute income goal of private placement in the future. On the other hand, after he founded private placement, operational affairs occupied a lot of energy and could not focus on simple investment.
(China Securities Journal · China Securities Network)
