what is an asset management product?

Asset management product is a standardized financial product that Public Offering of Fund management company or securities company, which is approved by the regulatory authorities, raises funds from a specific customer or is entrusted by the property of a specific customer to act as an asset manager, and the custodian institution acts as an asset custodian, and invests with the entrusted property for the benefit of the asset client.

Asset management product is a standardized financial product that Public Offering of Fund management company or securities company, which is approved by the regulatory authorities, raises funds from a specific customer or is entrusted by the property of a specific customer to act as an asset manager, and the custodian institution acts as an asset custodian, and invests with the entrusted property for the benefit of the asset client. At present, the asset management business is used to issue fixed-income trust products, which is the result of financial innovation advocated by the CSRC. It is a trend that fund asset management and brokerage asset management will be used to split trusts or initiate trust products in the future. Fund asset management is one of the products supervised by the CSRC. The products supervised by the CSRC require funds to be entrusted to a designated bank in a unified way, and fund asset management and brokers cannot contact customers' funds to ensure the safety of funds.

18 Public Offering of Fund companies, 67 fund subsidiaries and 126 securities companies. 15 futures companies and insurance companies. These financial institutions are qualified to issue asset management plans. It is precisely because so many financial institutions are qualified to issue asset management products, so when selecting products, we must recognize whether the selected products are real asset management products.

how to judge whether a product is an asset management product?

mainly depends on the manager of asset management products (clearly described in the contract). Whether the manager is a securities company, a fund subsidiary, a futures company or an insurance company.

Differences between asset management products and trust products:

Similarities:

1. It must be reported to the regulatory authorities, the trust is supervised by the China Banking Regulatory Commission, and the asset management plan is supervised by the China Securities Regulatory Commission;

2. There are strict regulations on fund supervision and information disclosure;

3. The subscription method is the same, and the project contract and instructions are similar;

4. Different channels with the same essence belong to investment and financing platforms, which can cross many fields such as capital market, money market and industrial market.

Differences:

1. There are only 68 trust companies in China, but there are many asset management companies;

2. Asset management companies have strong investment and research capabilities, especially in macroeconomic research and industry research. Choosing investable projects under the guidance of such a research team can effectively increase the bargaining power of financing parties and reduce investment risks;

3. The trust is reported to CBRC once, and it can be established after it is fully raised; The asset management plan shall be reported twice, once at the beginning of the fundraising, once for capital verification after the fundraising is completed, and it shall be established two days after the capital verification;

4. The asset management plan has double credit enhancement, and it has been audited by the asset management company and the regulatory authorities.

5. The asset management plan is small, with a maximum of 2 places.

6. The income is high, and the asset management plan is generally 1% higher than the trust plan.

Further reading: How to buy insurance, which is better, and teach you to avoid these "pits" of insurance.