For the newcomer Xiaobai, because there is no one on the road of fund management, it is easy to have some things that should not have happened, such as making jokes because of one-sided understanding of a concept, or encountering some pits because of incomplete understanding of knowledge points, and so on. Today, Bian Xiao will bring you an article about what a fund manager is and how to define the qualification of a fund manager. I hope it helps you.

1. What is a fund manager? 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 many expected returns as possible.

From this definition, we can see that the fund company is an enterprise legal person, not a natural person with flesh and blood as we usually say. 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 of China is called a securities investment trust company.

Second, how to define the qualifications of fund managers According to the provisions of the Interim Measures for the Administration of Securities Investment Funds, in China, fund managers should meet the following conditions and be approved by the the State Council Securities Regulatory Authority before they can be established:

(1) Having articles of association that conform to this Law and the Company Law of People's Republic of China (PRC);

(2) The registered capital shall not be less than 1 billion yuan, and it must be paid-in monetary capital;

(3) The major shareholder has good business performance and social reputation in securities business, securities investment consulting, trust asset management or other financial asset management, has no illegal record within three years, and has a registered capital of not less than 300 million yuan;

(four) the number of personnel who have obtained the qualification for fund practice has reached a quorum;

(5) Having business premises, safety precautions and other facilities related to the fund management business that meet the requirements;

(6) Having a sound internal audit monitoring system and risk control system;

(seven) other conditions stipulated by laws, administrative regulations and the State Council securities regulatory agency approved by the State Council.