股票型基金管理者投资能力股票型基金经理胜任力模型构建研究

摘要/Abstract

摘要：

本文着眼于投资者，而非市场数据，以基金经理个体作为研究对象，用行为事件访谈法和主题分析法构建了股票型基金的基金经理的胜任力模型。研究结果显示，基金经理胜任力模型包含自我认知、行为控制、学习能力、情绪管理、博弈能力、知识与技能、性格适宜、逻辑与分析能力和社交能力9类一级胜任特征；正确归因、独立决策、投资纪律、自制力、经验总结、情绪平复、抗压能力、投资直觉、研究能力、兴趣与热情、宏观分析和资讯收集，共12个二级胜任特征。基金经理胜任力模型研究兼具理论意义和实践意义：既填补了专项人才胜任力研究中的部分空白，亦为基金公司甄选人才以及基金投资者进行投资决策提供了评估基金经理投资能力和预测其未来收益的理论工具。

关键词: 胜任力模型, 股票投资, 投资能力, 基金经理

Abstract:

Instead of market data, our research focuses on fund managers as involving the research topic of investment ability. We use the method of Behavioral Event Interview and Thematic Analysis to build the competency model of stock fund managers. According to the research results, the competency model includes 9 categories of competency indicators:self-awareness, behavior control, learning ability, emotion control, game ability, knowledge and skills, personality appropriateness, logic and analytical ability as well as sociability. These 9 categories of competency can be divided into 12 second-level competencies. They are correct attribution, independent decisionmaking, investment discipline, self-control, summary of experience, calming mood swing, compressive capacity, investment intuition, research ability, interest & passion, macroscopic analysis and information collection. The study of fund manager competency model represents a breakthrough in the study of special talent competency models. Theoretically and practically, this study provides a theoretical tool of evaluating fund managers' investment capacity and predicting their future earnings, which can be used by the fund companies to select talents and the fund investors for proper investment decision-making.

Key words: competency model, stock investment, investment ability, fund manager

李雨濛, 孟祥莺, 刘蓉辉, 魏先华. 股票型基金管理者投资能力股票型基金经理胜任力模型构建研究[J]. , 2019, 31(10): 200-211.

Li Yumeng, Meng Xiangying, Liu Ronghui, Wei Xianhua. The Construction of Stock Fund Manager Competency Model[J]. , 2019, 31(10): 200-211.

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