Font Size: a A A

Study On The Investment Strategy Of China's Private Security Fund

Posted on:2011-09-03Degree:MasterType:Thesis
Country:ChinaCandidate:B H LinFull Text:PDF
GTID:2189360305962214Subject:Finance
Abstract/Summary:PDF Full Text Request
Compared with public offering fund, Private Security Fund is the collective funding system in which the capital is raised in a non-republic by particular investors, and then operated as a fund. Private Security Fund, called as Hedge Fund in the United States, has become a popular investment in western countries. It profoundly changes the ideas and ways of wealth people and institutional clients in financial management and even the entire global financial system. In the modern capital market, it plays an important role.Since inception in bull market of 2006, Private Security Fund in China mainland has been growing and showing a thriving trend. However, Private Security Fund in mainland is not fully legalized. Then, there exists inevitably various regulatory issues, which are subject to rational planning and proper management of China's authority.Therefore, the relevant legislation is necessary for the development of Private Security Fund. The legal norm for developing Private Security Fund can enrich the investing tools in market. Thus it gives the impact on traditional concepts of operations, change the market competition and rearrange the market. And the norm also greatly improves the stock market in mainland and economic development.During the development of Private Security Fund, learning oversea experience is necessary. Particularly, management system, organizational forms and fund raising in US are much more reasonable and mature than the ones in other countries. Consequently, the history of Hedge Fund in US can provide a lesson for us. Considering this factor, one chapter in this article introduces the development of Hedge Fund and latest policy in US.This thesis is divided into six parts, the first part is the introduction, including the topical categories of meaning and purpose, sort the research reference related to this paper, the innovations of this thesis, etc. Second section introduces the essential characteristics of Private Security Fund, such as the types, characteristics, analysis of legal principles. The third section describes the status quo and development process of Private Security Fund in China, and analyzes the main problems in Private Security Funds, as well as their need for legislation. Part four analyzes the investment strategy of Private Security Funds in China. Fifth section describes the development of the American Hedge Funds industry, and analyzes the status quo of hedge funds in the United States after the financial tsunami, then compare Chinese Private Security Funds with the American Hedge Funds, to work out the conclusion of referential significance. Sixth part brings up some policy suggestions for developing Chinese Private Security Funds, the final outlook of its development trend.
Keywords/Search Tags:private security fund, hedge fund, investment strategy
PDF Full Text Request
Related items