The Development Of Security Investment Fund In Hong Kong And Singapore And Its Inspiration For China

The security investment fund is a collective investment manner which sharebenefits and undertake risks as a group . It gather security investment byportfolio ,which means to get up numerous funds entrusted by the fund trustee andmanaged by the fund administrator from investors into an independent property bysellfundquotas.In 2006, the investment fund of security in china got a quick development, thenet property amount attains 855,000,000,000 dollars, publishing the total quota as620,800,000,000.The net asset value of the fund has almost reached 30% o A sharecirculated value , becoming the first place among the organizational investor whichhasvalueinthestockmarket.In2006,53fundcompaniesmanaged287kindsoffundoffered 271,336,000,000 dollar investment incomes for the investor during thewhole year. The fund was becoming the most important financial properties inadditiontosavingforresidents.Although currently the industry of security investment appeared the trend ofprosperous development in our country. It still exists a lot of problems and shortage.Promoting the development and maturity of the fund industry in our country, it hasvery important meaning to learn the advanced experience from the foreign fundindustry. Hong Kong and Singapore are important fund administrative center in Asia.The fund industries developed early in the two regions. The relevant law is moreperfect and the scale is bigger. The developing the fund industry in our country, It ismeaningful to Study experiences and lessons in the development process of thesecurityinvestmentfundinHongKongandSingapore.This text launches a completely study on the circumstances of the securityinvestment in Hong Kong and Singapore by substantial various research methods,such as norm analysis,evidence analysis and qualitative and quantitative analysisOnthestructure,thistextintroducedthebasicconceptofthesecurityinvestmentfund first after introduction, then immediately discussed the development process,characteristics and experience of the security investment fund in Hong Kong,Singapore and Chinese mainland respectively, finally, put forward advice from theabove on, strengthening supervision and self-discipline, developing a capital marketandpushingfinancialinnovation,buildingupauthority,fairoffundevaluationsystem,establishing norm development to collect a private fund, pushing social insurancefund and foreign exchange fund into the stock market actively, developing REITs(realestateinvestmenttrustfund)strongly.