We are all reborn, who wants to be the richest man?

Jason's wedding was a success and the couple started their honeymoon. However, Luo Nianzhong and other senior executives of the Far East Department were not so lucky and returned to their respective posts.

On March 3, Texas Instruments completed all previous procedures and officially went public. Its market value exceeded US$1 billion that day and closed at US$107 billion.

To everyone's surprise, among Texas Instruments' shareholders, Far East Chip's shareholding ratio has dropped to 35%.

Although Far East Chip is still the largest shareholder and has a firm control over Texas Instruments, there is already a hint of something unusual.

Because the second largest shareholder of Texas Instruments is Yuanhang Asset Management Group, which holds a 25% stake.

Considering the recent uproar in the financial circle over the retirement fund coup, everyone knew that something big was about to happen.

Texas Instruments went public, and not to mention Wall Street and Far East Chip, which made huge profits, there is a fund that has once again attracted the attention of the entire United States.

That is the California Retired Teachers' Fund, now the largest retirement fund in the country.

No one knows when the California Retired Teachers Fund acquired another 500 million shares of Texas Instruments, accounting for nearly 2% of Texas Instruments' total share capital.

Members of the California Retired Teachers' Fund were jubilant, but members of other retirement funds were unhappy.

This situation has been particularly severe in California, where the management of various retirement funds has caused dissatisfaction among members, and calls for changing the management have been growing.

"We ask you to help us manage funds and increase profits, not to make you suffer losses."

Losing money? In fact, these funds are well managed, but in the eyes of these members, giving up more profits means losing money.

“Why can they get the stocks of so many good companies and soar, while we can only watch.

If you can't do it, step down or merge us into CalSTRS."

In response to various questions and protests from members, NBC News provided real-time coverage of the entire process.

At the California Public Employees' Retirement System headquarters, looking at his boss, Kyle, sitting at his desk with a gloomy face, his deputy Kane could only bite the bullet and tell him the bad news he had just received.

"The 500 million shares of California State Teachers' Retirement System were purchased with the help of Yuanhang Asset Management Group. This is no longer a secret.

Moreover, Yuanhang Asset Management Group also announced that the stocks they hold will not remain in their hands.

They help others manage wealth. These stocks will eventually be handed over to other people, and they just manage them on their behalf.

Kyle, before we could use Wall Street's bullishness on TI's stock as an excuse for not wanting to sell it, but that's no longer the case.

The board of directors issued an ultimatum that if they fail to satisfy the members, they will change the management."

Once the shares of Yuanhang Asset Management Group were exposed, coupled with publicity from NBC and other major newspapers across the United States, almost everyone knew that these shares were for sale.

But only those who play with money understand that this comes at a price, and the price is the money in their hands.

"What did Robert say?"

Kane shook his head and said, "It's still the same. They insist that we must hand over at least half of our 401K funds to them for management."

"Fuck that son of a bitch in Stanville."

Kyle doesn't hate Yuanhang Asset Management Group and Robert, because if he were in their place, he would do the same thing or even be more ruthless.

What he hated was Stanwell, the old fellow who had taken advantage of the situation and was still ungrateful. If he hadn't been talking nonsense in front of the media every day, saying how wise and far-sighted he was, none of this would have happened.

Kyle was figuring out a solution, and so was Wall Street on the East Coast.

In the large conference room of Salomon Brothers, almost all the major giants of Wall Street were present.

"There is no doubt that this is a wolf coming in to steal food. We have to think of a way."

Although the current 401K fund cannot be compared with the later scale, if left alone, Far Eastern Asset Management Group can absorb at least US$ billion in funds.

This figure would rank among the top 20 or even top 10 among the major fund management giants on Wall Street. People became even more nervous after hearing Salomon Brothers say the $150 billion.

"Why are there so many?" Pioneer Navigation's CEO Vriman was a little skeptical.

Vanguard is engaged in asset management, so they are the ones who will be hit hardest by the impact.

Because other companies have other businesses and asset management is only a part of their business, but Vanguard is different.

"It's mainly the California Retired Teachers' Fund. Not only did they hand over the 401K portion of the fund to Yuanhang Asset Management Group for management, they also handed over most of the retirement fund portion to the other party, which is estimated to be around 400 billion US dollars.

We have received news that although Robert only asked Texas Instruments to hand over half of their 401K funds in the case of Texas Instruments, no one can guarantee that there will be a second Stanville."

"That old immortal."

This is probably not just Morgan Stanley's idea. Everyone here, including the entire Wall Street, should be thinking the same way now.

"Government?" Citi's meaning was very simple. Now that they couldn't stop the other party openly, they should let the government step in, for example, with some policies.

"Now is a critical period of the election. The elephant has a close relationship with the Luo family, and the donkey's relationship with him has also improved a lot recently."

What the Salomon Brothers said was very clear. It was unrealistic to find a trumped-up reason to put shackles on Yuanhang Asset Management Group. No one wanted to offend this world tycoon and the super consortium he controlled.

“Simple, if that’s the case then we’ll let the legislators speak and mobilize the public’s emotions.

At the same time, we will also work together to reduce the handling fees first."

Everyone looked at each other and saw that no one had any objections, so they agreed to the idea.

"Let's do this for now. As I said before, retirement savings are the bottom line. This more than 2 trillion US dollars of funds can only rot in the hands of Wall Street."

401K has more than billion US dollars, and pensions have trillion US dollars. At this time, everyone knows that pensions are the big part.

In fact, the United States still has a large amount of money, which is personal savings, but in this regard, everyone has their own unique way of doing things.

The efficiency was really fast. That evening I saw the negative news about capital outflow on an ABC program.

“The outflow of funds means that our stock market will lose a large amount of money, and the corresponding stock market trend will be pulled down, and the wealth of individual investors will be affected.

So my opinion is to introduce policies to reduce capital outflow and make our financial market more prosperous."

"Beep." Turning off the TV, Luo Nianzhong said sarcastically, "They are really fast. They were on guard before we even started to touch their cake."

Robert was not as relaxed as Luo Nianzhong. "Although the words Yuanhang Asset Management Group were not mentioned throughout the whole process, the meaning was very clear.

Then the major newspapers will add fuel to the fire and describe us as the villain that is affecting the development of the U.S. stock market."

"Ha, don't worry, the government can't possibly target us specifically, and as for capital outflow, can we be as powerful as Goldman Sachs?

We have plenty of ammunition, there is no need to wait for the enemy to fire first, we can just crush them directly."

"I understand, leave it to me."

The next morning, just when all the major newspapers were saying that Yuanhang Asset Management Group was using American people's money to enrich foreign companies, NBC's morning news made them look like clowns.

NBC's morning news announced the investment proportions and amounts of Yuanhang Asset Management Group and major Wall Street giants outside their home countries.

In terms of proportion, China Shipping Asset Management Group is far ahead, accounting for 48%.

However, in terms of amount, Yuanhang Asset Management Group ranked last among the 10 companies announced, with only US$167 billion.

This is mainly because Yuanhang Asset Management Group does not manage much funds, and this figure excludes non-U.S. funds.

This is nothing. The next news announced by NBC News was truly shocking.

The two private equity funds with a five-year lock-up period that Luo Nianzhong founded Far East Bank and have now been transferred to Far Eastern Asset Management Group have reached the end of their lifespan.

Yuanhang Asset Management Group requires that all capital of the United States be redeemed upon maturity to avoid large-scale early redemption due to the recent capital outflow problem.

In other words, I don't want to do business with you anymore, so just take your money.

If this happened under normal circumstances, they would just take it away. Will our beautiful country, with so many financial giants, care?

But this time it was different. The 30.7% annualized rate of return was so dazzling that the people of the United States were stunned and salivating.

In particular, the announced return on the $50 million investment by the California State Teachers' Retirement System, after deducting the high 2.4% handling fee and various expenses, the fund recovered $ million in principal and interest in five years.

This sounds a bit far-fetched, but it is real.

In the history of the United States, there are many funds that have achieved an annualized return of more than 30%, and there are even more.

But the last time this average annual rate of return was maintained was in the 1920s and 1930s.

At that time, there were not many financial products and the concepts were not complete, and that special era created such a legend.

Now, all I can say is, “Wife, come out and see God.”

One day later, it’s still Salomon Brothers and the same group of people.

"Let's ask Robert to come out and talk. It's meaningless for both sides to suffer losses."

Helpless and self-deprecating, just one day later, their own tricks were completely broken.

These people knew very well that if they were determined to put pressure on the White House together, they would be able to introduce some bills to restrict the Far Eastern Asset Management Group, but it was impossible to completely kill it.

Now that public opinion has arisen, even if you really keep Yuanhang Asset Management Group out, those middle-class people who want to make money can still hand over their money to them for management.

And this is the United States, a country that has always boasted of freedom.

Therefore, it is better to use coercion and inducement before the other side rises to divide the two sides.

Negotiations are always a long process. If Luo Nianzhong hadn't made repeated concessions, it would have been impossible to reach a consensus within a few days.

"The boundary between Chu and Han? What will be the meaning of this consensus when we become big enough to kidnap the United States?"

"At the end of the day they still don't think highly of 401K funds."

Not to mention Wall Street, even Robert himself would be the same if it weren't for the unconditional trust he had in Luo Nianzhong.

The overall size of 401K is around 4000 billion US dollars. Compared with pension funds and personal savings, this amount of money is not even one-tenth of the size.

Another thing is that all 401K funds are within major companies. There are some, such as the California State Teachers' Retirement System, but they account for less than half of the total. The 401K funds within those listed companies will also use this money to invest in their own company's stocks.

Normally speaking, even if all 401K funds in the United States were managed by Yuanhang Asset Management Group, and each company contributed half of the funds, it would only be US$ billion.

But everyone knows that this is impossible. It would be a blessing if the amount could reach 100 billion US dollars by cutting it in half.

But they don’t know that this fund really exploded in the Internet era. The better the Internet develops, the shorter the working life of programmers.

In order to ensure that these people can have enough food and clothing in the future after working for ten or twenty years, major companies are increasing their investment in 401K funds in addition to equity incentives.

"What this means is that Yuanhang Asset Management Group can aggressively seize 401K business across the United States, but the amount of pension funds and personal savings we manage cannot exceed 401 percent of the K fund."

"That's right." Robert nodded.

“The assets managed before don’t count, they start to be counted from now on.

And we want to raise the ceiling of Hong Kong One to Wall Street to at least US$500 million."

How greedy! Hong Kong No. 30 is the fund with an annualized yield of %. The closed period has ended and a new period must be put on the agenda.

"It's a good thing that someone gave us money. The closure period this time is ten years, and it will be closed at the end of the year. Other conditions remain unchanged."

Counting from 89, it just happens to be after the end of the Asian financial crisis.

The next phase will be a 15-year closed period. At that time, we will use the money of the United States to reap the whole world, and then split it with the capital of the United States. This business can be done.

"Have you ever predicted how much capital we can reap?"

Robert smiled and replied, "With the reputation of our One Island and the California State Teachers' Retirement System as a living signboard, $100 billion should not be a problem."

"Really?" Luo Nianzhong was very satisfied with the number.

“Take out half and invest in island countries, and for the rest, in addition to investigating industries in rabbit and Southeast Asia, focus on technology and Internet stocks.

In addition, ETF funds can be launched into the market, and small-scale experiments can be carried out first to verify the effect."

ETF, translated into Chinese, means exchange-traded open-end index fund.

It can be subscribed and redeemed with the fund management company like an open-end fund, or it can be traded in the secondary market like a closed-end fund.

This was researched by a temporary team formed by Far Eastern Bank after the last financial crisis. To put it simply, it is index investment.

For example, it will not invest in a single stock but rather multiple valuable stocks selected from the stock market, avoiding junk stocks as much as possible.

By doing this, even if one stock fluctuates violently, it will not affect the overall situation, as long as you are optimistic about the trend of the entire market.

"Okay, I'll arrange it later."