Fund managers and custodians are three important subjects and two important parts of the fund market. They play an important role in fund operation and fund investment. Many investors have no specific understanding and distinction. So what is the relationship between the administrator and the custodian? What's the difference between them? Let's take a look today.

The difference between a fund manager and a fund custodian.

1, different functions

The fund manager is the fundraiser and manager of fund products, whose main duty is to be responsible for the investment operation of fund assets in accordance with the provisions of the fund contract, and strive for the maximum expected return on investment for fund investors on the basis of controlling risks.

The fund custodian is independent of the fund manager, supervises the investment operation of the fund management institution and keeps the fund assets.

2, the content is different

The fund manager is the institution responsible for the specific investment operation and daily management of the fund; Fund custodians operate according to the principle of separation of asset management and custody, and special fund custodians keep fund assets.

3, as the main body is different

In China, the fund manager is a legally established fund management company; The fund custodian shall be a legally established commercial bank with the qualification of fund custody.

Relationship between fund managers and fund custodians

1. There is a balance between the fund manager and the fund custodian. In order to prevent the manager from improper use of funds, it is entrusted to a bank custodian with high credit to ensure the safety of funds.

2. There is a contractual relationship between the fund manager and the fund custodian.

The above is the difference between a fund manager and a fund custodian. I hope it will help you. Warm reminder, financial management is risky and investment needs to be cautious.