What Do Asset Management Companies Do?

Asset management (asset management) usually refers to a kind of "trusted and managed wealth management" trust business. In this sense, any institution or organization that is primarily engaged in this type of business can be called an asset management company.

Asset management company

Class one goes normal

If financing and project investment can be established asset management limited company or investment limited company, the registered capital is different, the minimum registered capital of registered asset management company is: more than 10 million yuan. If it is a one-person company, the registered capital must be in one place; if it is 2 or more shareholders, the registered capital can be invested into 2 million first, and the remaining 2 years can be used.

Comparison of registered funds:

The business scope of general asset management companies is: investment management, corporate management, entrusted asset management; investment consultants; equity investment; corporate asset reorganization, mergers and acquisitions and project financing; financial consultants; entrusted management of equity investment funds; domestic trade; (Except for projects prohibited by laws, administrative regulations, and decisions of the State Council, restricted projects must be licensed before they can be operated).

Specific business scope:

(1) acquiring and operating non-performing assets in local and foreign currencies that have been divested by financial institutions;

(2) recovering debts in local and foreign currencies;

(3) leasing the assets formed by the acquired local and foreign currency non-performing loans or transferring or restructuring in other forms;

(4) Converting domestic and foreign currency creditor's rights into equity and holding shares in the company in stages;

(5) the company's listing recommendation and bond and stock underwriting within the scope of asset management;

(6) Securitization of non-performing assets approved by relevant departments;

(7) issuing financial bonds and borrowing from financial institutions;

(8) Financial and legal consulting, asset and project evaluation;

(9) Commercial acquisition, management and disposal of domestic financial institutions in accordance with market principles

Structured non-performing assets;

(10) Accepting entrustment to engage in financial institutions approved by the financial supervision department to close the clearing business; accepting entrustment from the Ministry of Finance, People's Bank of China and state-owned banks to manage and dispose of non-performing assets; accepting entrustment from other financial institutions, enterprises Bad assets

(11) using cash capital to make the necessary investments in the managed policy-making and commercialized acquisition of non-performing loans for the real assets of debts;

(12) Other business activities approved by China Banking Regulatory Commission and other regulatory agencies.

Note: The above 12 items need to be reviewed and approved by the CBRC; they are summarized as follows:

1. Mainly includes asset acquisition, management and disposal, asset reorganization, services of entrusted management and disposal of assets, additional investment and other approved businesses.

2. Manage and use its own funds; entrust or entrust asset management business; consulting business related to asset management business; other asset management business permitted by national laws and regulations.

Does not require approval for business scope: asset management, investment management, corporate management, supply chain management and supporting services, entrusted or entrusted asset management business (excluding financial assets)