Current location - Trademark Inquiry Complete Network - Tian Tian Fund - Are private fund managers natural persons?
Are private fund managers natural persons?
Legal analysis: No, according to the Securities Investment Fund Law, the fund manager is a legally established company or partnership. A natural person cannot be registered as a private fund manager.

Legal basis: People's Republic of China (PRC) Securities Investment Fund Law.

Article 19 The directors, supervisors, senior managers and other employees of a fund manager who publicly offers funds shall not hold the post of fund custodian or other fund managers, nor engage in securities trading or other activities that harm the interests of fund property and fund share holders.

Article 20 A fund manager of a publicly offered fund shall perform the following duties:

(1) Raising funds according to law and handling the sales and registration of fund shares;

(2) Handling fund filing procedures;

(3) Manage and keep accounts for different fund assets under management, and make securities investments;

(4) Determine the fund income distribution plan according to the agreement in the fund contract, and distribute the income to the fund share holders in time;

(five) to conduct fund accounting and prepare fund financial accounting reports;

(6) Preparing interim and annual fund reports;

(seven) calculate and publish the net asset value of the fund, and determine the subscription and redemption prices of the fund shares;

(8) Handling information disclosure matters related to fund property management business activities;

(9) Convening a general meeting of fund share holders in accordance with regulations;

(10) Keeping records, account books, statements and other relevant materials of fund property management business activities;

(eleven) in the name of the fund manager, on behalf of the interests of the fund share holders to exercise litigation rights or carry out other legal acts;

(twelve) other duties as prescribed by the the State Council securities regulatory agency.