Chinese And American Institutional Investors In The Stock Market Comparative Study

The rise of institutional investors is the most significant changes in the world's financial system over the past 30 years,Institutional investors in developed countries to save on growth,resource allocation;capital market stability and corporate governance have produced significant and lasting effects.Experience from developed countries,the development of institutional investors in the financial system to promote competition and the quality of the financial system and capital market efficiency.History of the development of China's stock market is less than 20 years,but the rapid pace of development has become a national economic life,an important part. China Securities Regulatory Commission in the "extraordinary development of institutional investors" strategy,China's securities investment funds to institutional investors,represented by the rapid development in recent years,China's capital market has gradually become the dominant force in the capital market and the entire financial system had a significant and far-reaching impact.China's current capital market is in a "new type of increase in transition" stage,in terms of asset size,the type of investors, investment philosophy with the mature market still have a gap.The main body of China's institutional investors,both the securities investment fund,and insurance companies,are still very short history of the development in the early stage of development has gone through a lot of twists and turns in the role of institutional investors in China's capital market has not been fully reflected.Therefore,research at this stage the advantages of foreign institutional investors to analyze the development of China's institutional investors have a very important practical sense.This article is about Chinese and American institutional investors in the asset size, the types of investors,investment philosophy,the role of institutional investors in several aspects of a comparative analysis of China's institutional investors to identify the problems,followed by the development of institutional investors in China recommendations.China should continue to expand the scale of institutional investors; institutional investors to cultivate a wide range of ranks and establish a rational investment philosophy and market-based system to speed up the capital and infrastructure-building products.