Comprehensive Evaluation Of The Competitiveness Of The Domestic Fund Management Companies

With the economic transformation and the rapid development of capital market, at the end of2013, the number of fund management companies have reached88.China becomes the third largest stock market.These changes to the capital markets trends brought great opportunities for development. At the same time, the core competitiveness of fund management companies issues and are subject to uncertainty Mixed asset management and financial market impact of the international trend. Therefore, fund management companies continue to enhance their asset management capabilities, continuing to enhance competitiveness.Based on the theory of enterprise competitiveness summary analysis, the establishment of a domestic competitiveness evaluation index system of fund management companies. The index system from five aspects of company operations, product operations capabilities, ability to invest equity products, fixed income products investment capacity, management team stability and other aspects, selected20indicators breakdown involving assets under management, profitability, investment all aspects of return, risk management, corporate governance.First, using factor analysis on the domestic fund management companies to invest in asset management, equity investments, fixed income, stable management team, other competitiveness and overall competitiveness evaluation and ranking; Secondly, the use of cluster analysis the sample of30fund management companies are divided into five types; Finally, combined with the author Fund strategies proposed to enhance industry practices competitiveness of China’s securities companies, including operations to ensure company compliance, improve operations and product design capabilities, establish investment management system as the core competitiveness, maintaining team stability and prevent brain drain, and several other aspects take a variety of measures.