According to the Securities Investment Fund Law and the Measures for the Supervision and Administration of Managers of Public Offerings, managers of public offering funds can set up subsidiaries to engage in asset management business.
These subsidiaries can manage assets outside Public Offering of Fund, such as enterprise annuities, social security funds and insurance funds. At the same time, the subsidiary of Public Offering of Fund Manager can also manage other types of funds, such as private equity funds and asset management plans.
With the disclosure of the mid-year report, the path of changing positions and shares in the second quarter of 10 billion private placements also surfaced. Accor