Asset management originated from/kloc-0 at the beginning of the 9th century. Due to the mismatch between investors and demanders, asymmetric information, different risk preferences and other factors, asset owners who lack experience and ability in asset management tend to entrust their assets to professional asset management institutions to realize asset appreciation.

Nowadays, the global asset management market is increasingly mature and huge. The 20 12 China Private Banking Market Report jointly issued by China Minsheng Bank and McKinsey pointed out that the compound annual growth rate of high-net-worth individuals with investable assets of 654.38 billion and above in China will reach 20% in the next three years. According to the Swiss Global Wealth Report released in 20 12, by the middle of 20 12, there were 4,700 ultra-high net worth individuals (net assets exceeded $50 million) and 930,000 millionaires in China.

Faced with such a huge asset management market, in 20 12 years, the regulatory authorities successively introduced new policies such as 1 1, relaxing the investment scope of Public Offering of Fund, relaxing the asset management of the insurance industry, and allowing futures companies to join the asset management camp for the first time, which made the asset management industry enter a big asset management era of further competition, innovation and mixed operation.