2. Limited partnerships are issued by various asset management companies (private fund management companies, etc.). ) There is no supervision, and most of them are private small enterprises with low registered capital. Most of the products issued by limited partnerships are not up to the level of trust and asset management, so they cannot be held, so the issuance cost is also high, which will bring pressure to future repayment. Due to the lack of supervision, the technical and financial strength is weak. Whether the raised funds are misappropriated or not, the investment direction is a big problem, so the risk is even greater. It is rumored that the management is formulating measures to be supervised by the CSRC. If supervision can be implemented, the risk of limited partnership will be relatively reduced.
3. Bank financing: Of course, it is supervised by the CBRC. Commercial banks provide individual customers with professional services such as financial analysis, financial planning, investment consulting and asset management. "Personal financial services of commercial banks are divided into financial advisory services and comprehensive financial services according to different management and operation modes. What we generally call "bank wealth management products"? Myth: Because asset management is not familiar to customers, and because the main salespeople in the market are selling trust products, asset management products are devalued as trust products during publicity. Due to the high distribution cost of limited partnership products, the commission given to sales staff is 3-4 times higher than that of trust products, so it is not surprising that customers often meet sales staff to praise and promote limited partnership products. Of course, why do many wealth management products of banks lose money and have low returns? Because the intermediate profits are exploited by banks and other intermediaries, all the risk-taking becomes the customers'. In particular, compared with trust products, asset management products are mainly different in that:
(1) The essence is the same, but the channels are different, that is, the issuers are different: one is a trust company, the other is an asset management company, and it is a publicly funded subsidiary of a fund company. At present, 68 companies in China have such qualifications (as of 2013);
(2) Different supervision: the trust is supervised by CBRC, and the asset management plan is supervised by CSRC;
(3) Different filing times: the trust has been filed with the CBRC 1 time, and it can be established if it is fully raised; The asset management plan is declared twice, with initial raising 1 time and capital verification 1 time after raising wholly-owned products, and it is established two days after capital verification;
(4) The number of small amounts is different: there are 50 small trusts under 3 million, and there can be 200 small asset management plans. Compared with other wealth management products, asset management projects have the following advantages: (1) Revenue: [3] The asset management business began to be liberalized in the second half of last year, and it is time to vigorously expand the market. In order to improve their competitiveness, asset management companies will try their best to charge lower fees from financiers and give customers higher returns. For example, the same type of general asset management products will be about 0.5% higher than the trust.