Asset management products refer to standardized financial products approved by the regulatory authorities, which are publicly raised by fund management companies or securities companies, or entrusted by specific clients as asset managers, and entrusted institutions as asset custodians, and invest in the interests of asset clients with entrusted assets.
Asset management products refer to standardized financial products approved by the regulatory authorities, which are publicly raised by fund management companies or securities companies, or entrusted by specific clients as asset managers, and entrusted institutions as asset custodians, and invest in the interests of asset clients with entrusted assets. At present, the use of asset management business to issue fixed-income trust products is the result of financial innovation advocated by CSRC. In the future, it is a trend to split trust or launch trust products by using fund asset management and brokerage asset management. Fund asset management is one of the products supervised by CSRC. The products supervised by the CSRC require funds to be entrusted to designated banks in a unified way, and fund asset management and brokers cannot contact customer funds to ensure the safety of funds.
108 Public Offering of Fund company, 67 fund subsidiaries, 126 securities companies. 150 futures companies and insurance companies. These financial institutions are eligible to issue asset management plans. It is precisely because so many financial institutions are qualified to issue asset management products, so when choosing products, we must recognize whether the selected products are real asset management products.
How to judge whether a product is an asset management product?
Mainly depends on the manager of asset management products (clearly described in the contract). The manager is a securities company, a fund subsidiary, a futures company or an insurance company.
The difference between asset management products and trust products;
Similarities:
1. must be reported to the regulatory authorities. Trust is supervised by CBRC, and asset management plan is supervised by CSRC;
2. There are strict regulations on fund supervision and information disclosure;
3. The subscription method is the same, and the project contract and manual are similar;
4. Different channels with the same essence belong to investment and financing platforms, which can span many fields such as capital market, money market and industrial market;
Difference:
1. There are only 68 trust companies and many asset management companies in China;
2. Asset management companies have strong investment and research capabilities, especially in macroeconomic research and industry research. Choosing investable projects under the guidance of such a research team can effectively increase the bargaining power of financiers and reduce investment risks;
3. The trust has been reported to the China Banking Regulatory Commission for 1 time, and it can be established if it is fully raised; The asset management plan shall be submitted twice, at the initial stage of raising 1 time, and after the full raising, the capital shall be verified 1 time, and the capital verification shall be established two days later;
4. The asset management plan has a double credit, which has been reviewed by the asset management company and the regulatory authorities.
5. The asset management plan is small, with a maximum of 200 places.
6. The income is high, and the asset management plan is generally higher than the trust plan 1%.