Saturday, May 14, 2011

SFC plans to promote profe49ional equity fund company pilot

zhuangao the financial network reporter yuanjinglilixin in late April, the reporter obtained a copy of the China Securities Regulatory Commission issued to selected institutions "35" draft capital markets (hereinafter referred to as "draft") show that society is most concerned about reducing public placement fund management charge, relaxing the legalization of private fund company shareholder, Sun, and so were included in the planning of focus. Under the draft, regulators will be appropriate to relax the Fund management company shareholder qualification, promoting the professional equity fund company pilot. Rich fund management company's ownership structure, study and explore partnerships.
Recommended reading · Xia stage fengji investment policy
· closed bond type fund large arena Fund then depression "1 quarter spot curse" private "Star" April collective fall Qian April a shares Fund bleak QDII Wansheng flagship small disk unit was Fund reduction six large fund company last week inverse city gallon private first quarter "dark horse" rampage established turned over [registration] listen to Wen Guoqing taught you copy end opportunity for currently market Shang exists of Sun private, non-public raised Fund, sought views draft also said, will gradually reduce public raised Fund of access standard, allows management specification, and performance fine of non-public raised institutions application public raised Fund Management qualification.
And for now is "stagflation" public placement Fund, the draft says, relax in the future scope of public-fund management business, encourage qualified developing non-public-management agencies of products.
In addition, the fund companies currently are mainly to retail investors under the status of the service object, opinions also said, will lead the Fund management institutions to continually strengthen capacity to service large institutional customers, and gradually improve institutional client assets in the management of assets in the total size ratio, up to high-end customers the ability to provide professional custom. Recently subjected to public-fund management charge in question, the draft said, improve the system of Fund fees, reduce the rate of management level, promotion of market competition, expansion of sales organizations to provide high quality services of survival and development space.
Encourage the sales charge back-end model, encouraging long-term investment fund holders. (Securities market weekly Syndication)