Study Of The Competitive Strategy Of The Chinese Fund Management Companies

Under the guidance of policy, "Development institute investor at extraordinary scale", Chinese Security Investment Fund has become a major institute investor on Chinese security market over seven years of development. With the accelerating inflow of foreign fund and the tendency of intensified diversified business operating, Chinese fund industry has become a free competition market, and fierce competition become inevitable. More and more people who engaged in fund operation gradually realize that major reform on fund industry will occur, Even worse, some people think that 2005 is a kick-out year for fund company in China. Compared to experienced foreign management company, major gaps still exist in terms of capitalization, management skills, investment philosophy, business innovation, and customer service due to short-term of development history. The entry of foreign-funded Chinese fund market will bring fierce competition pressure to Chinese fund companies. The tendency to diversified business operating on financial industry, and participation of banking, insurance fund management company on fund market will enhance competition. Capital of fund company is from fund issuing organization. Smart investment policy makes a critical role in capital scale. The ultimate purpose of fund company is to maximize profit for investor. According to this purpose, fund operator must improve business performance to persuade more and more loyal customers. Therefore, the development and competition of fund company will focus on investment and finance. The core of competition must be policy competition between finance and investment. In the long term, how to cultivate core competition edge is a common issue for the development of enterprise, also equal important for...