The official name given by the CSRC is "Asset Management for Specific Clients of Fund Management Companies". \x0d\ is divided into two forms: one-to-one and one-to-many. One-to-one requires more than 30 million entrusted assets, one-to-many requires less than 200 entrusted customers, and a single customer is more than 6.5438+0 million, totaling more than 30 million. Special fund account refers to the activities of fund management companies as asset managers to raise funds from specific customers or accept the property of specific customers, and commercial banks as asset custodians. For the benefit of the asset trustor, the entrusted property is used for securities investment. \ x0d \ In a sense, the operation mode of special account financing is similar to that of private equity funds, which is aimed at the public offering of funds. Special account financing has many advantages, which can attract more customers for fund companies. However, how to avoid the excessive pursuit of performance, how to determine the performance commission standard, and how to avoid the transfer of benefits, special account financial management still faces many problems. Simply put, the special account business invests in products traded in the stock exchange market, while the special account can invest in non-standard products \x0d\PS: non-standard refers to creditor's rights assets that are not traded in the interbank market or the stock exchange market.