A fund management company is a company that specializes in managing funds. In addition to fund companies, securities companies, trust companies and banks can also become fund managers.
Fund managers can only be held by legally established fund management companies. In addition to fund business, fund management companies also engage in some other asset management businesses, such as entrusted asset management and investment consulting services.
The income of fund managers mainly comes from fund management fees.
The income of fund management companies mainly comes from management fees based on asset size.
1. A fund manager refers to an institution that relies on professional knowledge and experience, uses the managed fund assets, and makes investment decisions according to laws and regulations, fund articles of association or fund contracts, and scientific portfolio principles, so as to continuously increase the value of the managed fund assets and enable fund holders to obtain as much income as possible.
Professional institutions responsible for the initiation, establishment and management of funds are usually initiated by securities companies, trust and investment companies or other institutions and have independent legal personality. Fund managers have different names in different countries. For example, Britain is called an investment management company, the United States is called a fund management company, Japan is called an investment trust company, and Taiwan Province Province is called a securities investment trust company, but their responsibilities are basically the same, that is, the use and management of fund assets.
2. A fund management company refers to a company established in accordance with relevant laws and regulations to manage fund raising, fund share subscription and redemption, fund property investment, income distribution and other fund operation activities. The legal raising of securities investment funds shall be undertaken by the fund manager. The fund manager shall be a legally established fund management company. As a fund manager, it shall be approved by the the State Council Securities Regulatory Authority. According to the way of establishment, there are closed-end funds and open-end funds; There are contract funds and corporate funds; According to the investment objects, there are stock funds, money market funds, option funds and real estate funds.