Trust? information management
The products issued by trust companies are generally called? XXX collective fund trust plan? The products issued by asset management companies (fund subsidiaries) are generally called? XXX collective asset management plan?
Different business histories
The earliest trust company in China was established in 1988. Most trust companies have decades of management experience and formed a set of perfect risk control system.
Asset management companies (fund subsidiaries) were basically established at the beginning of 20 13. At that time, their business was advancing by leaps and bounds, but there was a relative lack of management systems and talents in various aspects such as risk control, so that many projects defaulted by 20 14.
Different regulatory agencies
Trust companies are supervised by China Banking Regulatory Commission. Before the trust plan is issued, it must be reported to the banking supervision department ten days in advance. If the banking supervisor says that it cannot be issued within ten days, the trust plan cannot be issued (equivalent to approval);
Asset management companies (fund subsidiaries) shall be supervised by the CSRC, and the asset management plan shall be reported to the securities regulatory authorities after it is issued.
Regulators have different risk tolerance.
The CBRC mainly supervises banks, and its supervision has always been strict. Personally, what is the regulatory bottom line of the CBRC? Capital preservation? ;
The supervision of the CSRC has always emphasized? Buyers are conceited? Investors who buy stocks are used to losing money.
The family background of the company is different.
The registered capital of an asset management company (fund subsidiary) is generally 20 million yuan. So once the project is risky, there is basically no way to ask the asset management company to advance the investor's principal and interest (how can it afford it without money);
Trust companies generally have registered capital of several billion yuan and net assets of several billion yuan. The family background is dozens of times thicker than that of asset management companies. What are the hidden rules of the trust industry over the years? Rigid redemption? Because of this, trust products are still very safe so far (rich and willful).
conclusion
Buy a trust There's another one anyway. Rigid redemption? Safety mat; Buy asset management, and if the project fails, it will fall directly on the concrete floor.
Therefore, it is still cautious to buy asset management products.