Financing refers to the management of finance (property and debt) for the purpose of maintaining and increasing the value of finance. Financial management is divided into corporate financial management, institutional financial management and personal financial management? And family finance. Human survival, life and other activities are inseparable from the material foundation and are closely related to financial management.
"financial management" is often used with "investment and financial management" because "financial management" includes "investment" and "investment" includes "financial management". The so-called financial management is not only to invest the finance outside, but also to be invested is a kind of financial management. If you don't know how to be invested, you won't know how to invest better.
the word "financial management" first appeared in newspapers in the early 199s. With the expansion of China's stock and bond market, the enrichment of commercial banks and retail businesses, and the increase of citizens' overall income year by year, the concept of "financial management" has gradually become popular.
Extended information:
Wealth management products are products designed and issued by commercial banks and formal financial institutions themselves. They put the raised funds into relevant financial markets and purchase relevant financial products according to the product contract, and then distribute them to investors according to the contract.
RMB wealth management products of banks can be roughly divided into bond type, trust type, linked type and QDII type.
1. Bond type
invests in the money market, and the investment products are generally central bank bills and short-term corporate financing bills. Because individuals cannot directly invest in central bank bills and corporate short-term financing bills, such RMB wealth management products actually provide customers with opportunities to share the investment income in the money market.
2. Trust type
Investment in trust products guaranteed or repurchased by commercial banks or other financial institutions with high credit rating, as well as products invested in trust of beneficial rights of excellent credit assets of commercial banks.
The final yield of linked products is linked to the performance of relevant markets or products, such as linked to exchange rate, linked to interest rate, linked to international gold price, linked to international crude oil price, linked to Dow Jones index and linked to Hong Kong stocks.
QDII type
QDII, that is, qualified domestic investment institutions manage overseas wealth on behalf of customers, refers to commercial banks that have obtained the qualification to manage overseas wealth on behalf of customers.
QDII-type RMB wealth management products, in short, are wealth management products that customers entrust their RMB funds to qualified commercial banks, and qualified commercial banks convert RMB funds into US dollars, directly invest overseas, and after the maturity, the US dollar income and principal are settled into RMB and distributed to customers.
Resources:
Financial Management _ Baidu Encyclopedia