1. Conceptual category
Asset management = fund + trust + bank, insurance, brokerage, futures and other asset management
Fund = public offering, private placement, venture capital, hedging, alternative (real estate, high-speed, art, gold, commodities, etc.)
2. The role of public funds
people (accounts), money, funds, managers, brokers, banks, custodians. The most important relationship is
account, fund, money
3. Basic operations (account, coupons, money, fees, risk control)
1. Account opening (risk assessment), account cancellation, data modification, revocation, confirmation
2. Application, payment, confirmation and failure of subscription and subscription (reservation); redemption application and confirmation
3. Transfer of funds in and out of accounts
4. Transfer custody, fund switching, non-transaction transfer
5. Fund establishment, issuance, rate discounts, transaction restrictions
6. Bank rates and management fees; performance and fees of outlets, sellers, and brokers
7. Anti-money laundering, fax, valuation, working day settings, system accounts, administrators and permissions
Four, several accounts
1. Customer custominfo refers to a specific person
2. Fund account FUNDACCO, there is only one within a TA, and within the same fund company, it can be used across funds
3. Trading account tradeAcco, one trading account corresponds to one card
4. The relationship between accounts cust > fund > trade
5. When opening an account, you need to establish these accounts, bind the corresponding relationship, and use the bank for identity verification
V. Departmental Setup of Fund Companies
Front Office: Sales Investment Research Department
Middle office: marketing product development risk control financial audit
Backstage: IT manpower administrative liquidation (operational staff)
Core Business Departments: Investment Decision Committee (Strategy), Investment Department (Portfolio and Strategy), Research Department (Technical and Fundamentals), Transaction Department (Specific Transactions and Review)