Four rows in total for the entire Fund managed in the business has further improved, and the two largest custodian bank, construction Bank, industrial and commercial bank and continued to maintain a dogfight pattern.
And as the number of new participants, or a new method of channel quietly appearing at the Bank, interbank Fund custody market signs of Running out of time to upgrade. Bank rate continued to rise in 2010, banking channels managed funds with a total share have decreased, but the hosting fees charged by the Bank are on the rise. Wind information data display, at the end of 2010 Bank channels managed fund shares up about 44.6 billion, but the annual hosting fee income increased $ 293 million. Funds paid to the channel rate of the overall upward trend. Recommended reading
· fengji logic Investment Bank unit fund management fee or by performance received enhanced means base performance than pure means base electric branch homes break Wang yawei high playing new into mystery Guangzhou country light will increased lifted Bo Shi Fund floating losses Fund increased distribution food and wholesale retail private continuous five months run lost market national day Xin months site revealing three quarter layout opportunity this and 2009 of situation obvious different. In 2009, the Bank managed fund also has declined, but managed fee revenues also declined.
Rise in rates than 2008 and not appear obvious. This one, as the largest line of managed funds industry, dominated by ICBC, CCB's four State-owned bank's market share further.
While in the market further to these banks set in 2010, China Construction Bank, industrial and commercial bank of managed growth in fee income per cent appears to no small, charging ratio also dramatically increased. Calculated according to the number of managed, at the end of 2010, workers, farmers, number of managed funds, built four rows in 80.76% per cent of all funds managed markets. In 2009, this proportion is 79.4%. ICBC to number 189 funds managed in the first place, the total amounted to 28.85%; CCB managed 170 funds followed, the total as high as 25.95%.
In 2009, the total number of industrial and commercial bank and China Construction Bank managed funds are 134, is 25.33% per cent of the total number of managed. These two banks in the fierce competition in Fund custody business.
In 2009, the China Construction Bank (601,939, unit) on the funds managed punches, direct recovery of traditional old industrial and commercial bank, managed 44 new funds for the whole year, more than ICBC expanded its 32 funds. 2010 Construction Bank, industrial and commercial bank with fanchao, ICBC expanded its managed fund that year 55, and China Construction Bank managed fund only added 36. However, despite 55 new funds, industrial and commercial bank of managed fund declining trends in the total share from the end of 2009, share of 1.3 billion, China Construction Bank managed the Fund's share has increased by 14.4 billion.
Two large scale of hundreds of millions of managed and flat on the end of 2009. Scale without a significant increase, but two banks managed there is a certain level of increase fee income. Among them, China Construction Bank managed fee income for the year from the end of 2009, an increase of $ 160 million, ICBC's hosting fee income increased by $ 59.82 million.
However, ICBC managed income fund of $ 1.545 billion still managed Bank with the most revenue, China Construction Bank income is $ 1.412 billion.
We can see that the 2010 CCB although beaten by ICBC in managed funds added amount, but managed performance was superior to the opponents of both the size and income. Small banks from breaking managed shares, currently 15 family has managed the business of banking, in addition to industrial and commercial bank and China Construction Bank, remaining Bank performance. Wind information according to the Bank of China (601,988, unit), China Merchants Bank (600,036, unit), CITIC Bank (601,998, unit), the postal savings bank, Minsheng Bank (600,016, unit) and Bank of China (600,015, unit) Bank-managed fund shares rose.
Particularly small and medium banks, accelerating their funds managed and sales March pace. Worth noting is that postal savings bank in 2010 for the first time to participate in managed funds. This two or three lines of urban and rural areas in China have a large number of outlets of Bank's foray into funds managed market, have caused those in the trade discussions.
In addition, Guangdong Development Bank also completed his first managed--Central enhanced return on debt-based. In addition, CITIC Bank, Minsheng Bank, Everbright Bank (601,818, unit) Bank after long time never managed funds, such as, in 2010 start managed fund. Confidence in the CITIC Bank managed state-linked Bond Fund, Minsheng Bank added managed YINHUA Shenzhen (100, Fund) rating and Chinese business strategy of the Fund.
Among them, Chinese business strategy selection of sales of billions, for the attention of the industry. Fund custody business of China Merchants Bank also accelerated. 2010 new managed funds 4.
Before the 2008 and 2009, China Merchants Bank added managed fund 2 and 1, respectively. In addition to funds managed, China Merchants Bank also put more energy in fund sales. One fund company channels the matter to the business news reporter, in the same industry, China Merchants Bank Fund sales expertise of the most prominent, sales standard and more market-oriented. "China not only sales of their managed fund, as long as that is a quality product, they will reach out to the customers. ”