Research On The Improvement Of Hedge Fund Operation Model For C Investment Company

With China becoming the second largest economy in the world and the rapid growth of national wealth,residents,especially high net worth customers,are not satisfied with the simple investment needs before,but hope to achieve effective value preservation and appreciation of wealth.Hedge fund,as a mature means of asset management and asset allocation in foreign countries,has gradually entered the investors ‘vision.In recent years,Hedge funds have developed rapidly,and the brutal growth of hedge funds has brought great challenges to regulation.In 2014,the implementation of the filing system,which is a major event in the hedge fund industry,marks that Hedge funds have been regulated since then,and also lays a long-term foundation for the future development of the hedge fund industry.Hedge fund belongs to asset management industry,which is called "hedge fund" abroad.Malabi summarizes the four characteristics of hedge funds: private equity,performance commission,hedging,and leverage.Private placement means the opposite of public offering,whereas in China,it means only for qualified investors to raise funds,not through public media such as television,Wechat and so on.Performance Commission clearly describes the business model of hedge funds and shares the gains by managing assets for clients.Hedging indicates the management of risk by hedge funds.With the development of modern investment management theory,the management of risk has gradually entered the investment circle from the academic circle.The leverage means the management of hedge funds ‘earnings.Although it is sometimes misused and criticized by hedge funds,it is undoubtedly the use of leverage that has contributed to many great hedge funds,although it has destroyed many.As we all know,the main activity of Hedge fund is investment.Modern investment theory,especially Markowitz,pioneered portfolio management and brought investment theory to a new height.Then William Sharpe further developed Markowitz’s portfolio theory,studied the relationship between investment risk and expected return,and finally formed Capital Asset Pricing Model capital asset pricing model,also known as CAPM.Eugene Fama’s Efficient Markets Hypothesis,the efficient market hypothesis,is still the focus of debate in the investment community.Numerous investment managers try to challenge EMH to prove that they can beat the market,but ironically,80% of them can’t beat the index.EMHFinal Achievement Index Fund’s explosive growth.Another important investment theory in modern times is behavioral finance,which challenges the "rational" hypothesis of classical investment theory.Hedge funds in China have developed rapidly in recent years,and the barbaric growth calls for standardization of supervision.In recent years,the state has also made rapid legal "patches" to promote the standardization and legalization of the industry.The industry also gradually reflects the characteristics of the strong and constant strength,and the degree of concentration is close to the head company.At the same time,China’s huge cake of asset management has attracted many international giants.Hedge funds in China have faced international competition.Company C’s development trend in China’s hedge fund industry.For Company C,facing the needs of investors for Hedge fund wealth management,how to optimize the current Hedge fund operation mode has become an important research topic.Company C started relatively late,and the scale is not large.Especially now,the internal and external environment of the asset management industry are constantly changing and adjusting.Company C is facing great challenges in its development.It is urgent to break through all kinds of difficulties and obstacles,grow rapidly and provide professional and efficient asset management services for more high net worth customers.As a start-up sunshine private equity company,after many years of development,Company C is faced with problems such as lack of synergy,single channel,relying on "relationship" of sales,investment tired of pursuing investment hotspots,missing major investment opportunities,lack of core competitiveness,overstaffed backstage in administration,inefficiency,lack of team stability and so on.In order to solve the current problems,lay the foundation for the company’s follow-up development,and improve customer and employee satisfaction,Company C needs to improve its operation mode in the uncertain market environment.To improve the design of investment,market and administration,we need to follow the principles of full reference,adapting measures to local conditions,highlighting key points,gradual progress and effective safeguards.At the same time,in order to ensure the effective implementation of the design,we need to think deeply about the implementation of Company C’s operation mode from the aspects of investment and research system,wind control system,corporate culture,incentive system,customer service system and so on.Thisresearch not only clarifies the core problems existing in the current operation mode of Company C,but also adapts to the future development needs of the company by improving and optimizing,and provides some reference for the same industry companies.Finally,this paper makes a brief outlook for future research and considers the limitations of this study.