1. What is a private fund manager?
A private fund manager refers to an institution that relies on its specialized knowledge and experience, uses the assets of the fund it manages, makes investment decisions in accordance with the provisions of laws, regulations and fund charters or fund contracts, and seeks to continuously increase the value of the fund assets under management and enable fund holders to obtain as much return as possible.
2. What are the main responsibilities of private fund managers?
China's "Interim Measures for the Administration of Securities Investment Funds" stipulates that the main responsibilities of fund managers are: to use fund assets to invest and manage fund assets in accordance with the provisions of the fund contract, and to pay fund returns to fund holders in a timely and full amount.
Keep the accounting books of the fund for more than 15 years. Prepare the financial report of the fund, make a timely announcement, and report to the China Securities Regulatory Commission. Calculate and announce the net asset value of the fund and the net asset value of each fund unit. Other duties as stipulated in the fund contract. The manager of the open-end fund shall also handle the subscription and redemption of the fund in a timely and accurate manner in accordance with the relevant provisions of the state and the provisions of the fund contract.
A fund manager is the manager and user of the assets of a fund. The quality of fund returns depends on the level of fund managers managing and using fund assets, so it is necessary to make strict restrictions on the qualifications of fund managers in order to protect the interests of investors, and only institutions with certain conditions can serve as fund managers.
Each country or region has different regulations on the qualifications of fund managers, and in general, institutions applying to become fund managers can obtain the qualifications of fund managers only after review and approval by the relevant competent government departments in accordance with the relevant securities and investment trust laws and regulations of their own countries or regions.
Whether the private equity fund company has a certain capital strength and good reputation, whether it has the hardware conditions for operating and operating the fund, specialized talents and a clear fund management plan.
In summary, it is the introduction of what a private fund manager is and its main responsibilities, a private fund manager is different from the manager of a general company, the state has strict regulations and conditions for it, and only if it meets the corresponding conditions, it is possible to register as a fund company manager. In addition, the professional level of private fund managers is also related to the interests of investors, which shows its importance.
So how to register a private fund manager company and what are the requirements for registering a private fund manager company, pay attention to the author plus private message or browse the author's homepage to learn more.
Huafeng LiHeng serves you.
