基金经理频繁跳槽隐含着基金公司对其管理技能的肯定,为捕捉这种管理技能,本文从三方面提出研究假设——任期对业绩的影响、基金经理跳槽去向以及基金规模与业绩持续性的关联性,分析管理技能与基金业绩之间关系。通过对中国96只开放式偏股型基金的实证检验,发现基金经理拥有管理技能,我国基金表现出短期业绩持续性。 In order to capture this management skill, fund managers frequently hurdles fund managers’ recognition of their management skills. This paper proposes research hypotheses from three aspects: the impact of term on performance, the change of fund manager’s position and the continuity of fund size and performance Relevance, analysis of management skills and the relationship between fund performance. Through the empirical test of 96 open partial stock funds in China, it is found that the fund managers have the management skills, and the funds in our country show the short-term performance continuity.