What are asset management products? What is the difference between asset management products and trust products?

What are asset management products?

Asset management products are public fund management companies or securities companies approved by regulatory agencies. They raise funds from specific customers or accept property entrustment from specific customers to act as asset managers. The custodian institution serves as the asset custodian. A standardized financial product that uses entrusted property to invest for the benefit of the asset trustor.

Asset management products are public fund management companies or securities companies approved by regulatory agencies. They raise funds from specific customers or accept property entrustment from specific customers to act as asset managers. The custodian institution serves as the asset custodian. A standardized financial product that uses entrusted property to invest for the benefit of the asset trustor. The current use of asset management business to issue fixed-income trust products is the result of financial innovation promoted by the China Securities Regulatory Commission. In the future, it will be a trend for fund asset management and securities firm asset management to use it to spin off trusts or initiate trust products. Fund asset management is one of the products regulated by the China Securities Regulatory Commission. Products regulated by the China Securities Regulatory Commission uniformly require funds to be custodian in a designated bank. Fund asset management and securities firms cannot access customer funds to ensure the safety of funds.

108 public fund companies, 67 fund subsidiaries, and 126 securities companies. 150 futures companies and insurance companies. These financial institutions are qualified to issue asset management plans. It is precisely because so many financial institutions are qualified to issue asset management products, so when selecting products, you must clearly understand whether the selected products are genuine asset management products.

How to judge whether a product is an asset management product?

It mainly depends on the manager of the asset management product (clearly described in the contract). Whether the manager is a securities company, fund subsidiary, futures company, or insurance company.

The difference between asset management products and trust products:

Similar points:

1. Must be reported to the regulatory authorities. Trusts are supervised by the China Banking Regulatory Commission, and asset management plans are Supervised by the China Securities Regulatory Commission;

2. There are strict regulations on capital supervision, information disclosure, etc.;

3. The subscription methods are the same, and the project contracts, instructions, etc. are similar;

4. They are essentially the same but have different channels. They are all investment and financing platforms and can span multiple fields such as capital markets, money markets, and industrial markets;

Differences:

1 .There are only 68 trust companies in the country, but there are many asset management companies;

2. Asset management companies have strong investment research capabilities, especially in macroeconomic research, industry research, etc. Selecting investable projects under the guidance of such a research team can effectively increase the bargaining power of financiers and reduce investment risks;

3. The trust must be reported to the China Banking Regulatory Commission once, and it can be established after raising funds; The management plan needs to be reported twice, once at the beginning of the fundraising, and once after the capital verification is completed, and it will be established after 2 days of capital verification;

4. The asset management plan has double credit enhancement and has been approved by the asset management company , dual risk review by regulators

5. Asset management plans are free for small amounts, up to 200 places

6. High returns, asset management plans are generally 1 higher than trust plans