What does an asset management company do?

The business scope of general asset management companies is: investment management, enterprise management and entrusted asset management; Investment consultant; Equity investment; Enterprise assets reorganization, merger and acquisition and project financing; Financial adviser; Entrusted management of equity investment funds; Domestic trade; Invest in industry. (Except for projects prohibited by laws, administrative regulations and the State Council, restricted projects can only be operated after obtaining permission).

Extended data:

Specific business scope:

(a) the acquisition and operation of non-performing assets in local and foreign currencies divested by financial institutions;

(2) Recovering local and foreign currency debts;

(3) Assets formed by non-performing loans in local and foreign currencies that are leased, transferred or reorganized;

(4) Converting creditor's rights in local and foreign currencies into equity and holding shares in the enterprise by stages;

(five) listing recommendation and bond and stock underwriting of companies 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;

(eight) financial and legal advice, assets and project evaluation;

(nine) in accordance with the principle of marketization, commercial acquisition, management and disposal of domestic financial machinery.

Non-performing assets;

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

(eleven) the use of cash capital management policy and commercial acquisition of physical assets of non-performing loans to make necessary investments;

(twelve) other business activities approved by the China Banking Regulatory Commission and other regulatory agencies.

References:

Baidu encyclopedia-asset management company