Penghua Fund Management Company To Monitor The System And Countermeasures

Securities investment fund is one of trust investments. Comparing with Britannic and American securities investment funds , China securities investment fund is very puerile. Especially on control system of fund management company, there are many problems needing solving.The article elaborates the exterior control system and internal control system of the fund management company, and plays emphasis on the internal control system . From the system construction and technological medium ,then use the experience of the current situation of USA fund management company' control system for reference . At last ,it points out lots of problems of fund management company' s control system of China . Such as : The law system about securities investment fund is not perfect . Administrative control and industry autonomy have some deficiency. Corporate control of fund management company is not perfect . Internal control department can not effectually perform it' s responsibility . The internal control system is not perfect. Policy decision procedure and empower style is short of scientific nature.The purposes ot establishing control system in Fund Management Company are protecting the benefits of investors and make operating management efficient. So the article selects Penghua fund management company as case, analyzes it' s the present condition about operating management and points out it' s the defects in operating management . At same time ,the article put forwards the designing principles about Penghua fund management company' s control system through analyzing the American fund management company' s experiences and China universal problems . At last, the article put forwards some recommends to improve Penghua fund management company' s control system . The recommends as follows : Perfecting the law system about securities investment fund . perfecting and strengthening administrative control and industry autonomy . Setting up right guiding ideology and goal when we found internal control system . Perfecting corporate control system . Setting up and perfecting internal control system . Setting up system of risk controlling. Setting up encouraging institution on fund managers' salary . Putting system of job responsibility and standardizing operating procedures.