12-Day Lightning Appointment! Hu Jie joins Tianhong Fund, the leading woman in trillion-yuan ETFs, to start a new chapter

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Listing | Company Research Laboratory Fund Group                              Text | Zhang Yang

The public ETF sector sees major personnel changes again.

On February 24, the Asset Management Association of China announced that Hu Jie, former Index Investment Director at Huabao Fund and manager of a billion-level fund, has officially joined Tianhong Fund. It took only 12 days from leaving Huabao to settling into the new position.

On February 12, Hu Jie resigned from all 16 index funds managed at Huabao Fund due to personal reasons, with a total management scale of 101.362 billion yuan, and simultaneously completed deregistration procedures with the Asset Management Association.

As the founder of Huabao Fund’s index business, Hu Jie joined the company in 2006 and has been deeply involved for nearly 20 years. She has served as Index Investment Director and General Manager of the Index Research and Investment Department. With flagship products like Huabao CSI Technology Leaders ETF, Bank ETF, and Securities Firm ETF, she helped create a golden era for Huabao’s industry-themed ETFs. Her managed scale accounts for nearly a quarter of Huabao’s total public offering assets, with non-commodity ETF assets exceeding 60%, making her an irreplaceable pillar in the company’s passive investment line.

Wind data shows that by the end of 2025, Huabao Fund’s ETF assets will reach 208.2 billion yuan, ranking 10th in the industry; compared to 180.9 billion yuan at the end of 2022, an increase of only about 2 billion yuan, with a significant drop of 8 places from second place. During the same period, Tianhong Fund broke through against the trend, with ETF assets soaring from 41 billion to 115 billion yuan, nearly doubling in three years. Excluding bond ETFs, the equity segment doubled in size, currently ranking 16th in the industry, and is fully committed to upgrading its passive equity business.

Hu Jie’s joining is seen as a key boost to Tianhong ETF’s systematic development. With her mature experience in product layout, research team building, and business system construction, Tianhong is expected to further strengthen its index research capabilities and accelerate its push into the top tier of the industry.

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