Fund companies bear the responsibility of capital security, and private fund management companies issue investment suggestions. In fact, private fund managers will not directly contact funds.
In China, a trust company refers to a financial institution mainly engaged in trust business established according to the Company Law of People's Republic of China (PRC) and the Measures for the Administration of Trust and Investment Companies. A trust company is a kind of enterprise legal person who makes trust investment as a trustee for the purpose of obtaining trust remuneration. Its main functions are asset management and financing.
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