Under normal circumstances, commercial banks, investment banks, securities companies and other financial institutions carry out normal asset management business by setting up asset management business departments or establishing asset management subsidiaries. They belong to the first type of asset management business. Based on this normal asset management business, it is scattered in the business of commercial banks, investment banks, insurance companies, securities brokerage companies and other financial institutions.
The business scope of general asset management companies is: investment management, enterprise management and entrusted asset management; Investment consultant; Equity investment; Enterprise assets reorganization, merger and acquisition and project financing; Financial adviser; Entrusted management of equity investment funds; Domestic trade; Invest in industry. (Except for projects prohibited by laws, administrative regulations and the State Council, restricted projects can only be operated after obtaining permission).
Operating characteristics of the company
China's asset management companies have a unique legal person status (it is a wholly state-owned non-bank financial institution decided by the State Council), special business objectives (policy acquisition of non-performing loans of state-owned banks, management and market-oriented disposal of assets formed by acquisition of non-performing loans of state-owned banks) and a wide range of businesses (including asset disposal, corporate restructuring, securities underwriting, merger, etc., many of which are equivalent to all-round investment banks).
This situation laid the foundation for its unique operation mode in the future, and its operation mode showed the characteristics of "policy guarantee and market-oriented operation".
The above contents refer to Baidu Encyclopedia-Asset Management Company.