(1) Handling directional asset management business for a single customer;
(2) Handling collective asset management business for multiple customers;
(3) Handling special asset management business for specific purposes for customers.
Article 12 When a securities company conducts targeted asset management business for a single customer, it shall sign a targeted asset management contract with the customer and provide asset management services for the customer through a special account.
Article 13 When a securities company handles the collective asset management business for multiple clients, it shall set up a collective asset management plan, sign a collective asset management contract with the clients, entrust the clients' assets to an asset custody institution with the qualification of fund custody business, and provide asset management services for clients through special accounts.
Article 14 A securities company shall sign a special asset management contract, handle special asset management business for special-purpose customers, set specific investment targets according to the special requirements of customers and the specific conditions of basic assets, and provide asset management services for customers through special accounts.
A securities company shall fully understand and disclose to customers the integrity and compliance of the owner of the underlying assets or the financing subject, the ownership of the underlying assets, whether there are guarantee arrangements and specific circumstances, the risk-return characteristics of the investment target and other related major matters.
Securities companies can handle special asset management business by setting up a comprehensive aggregate asset management plan.
Fifteenth securities companies that have obtained the qualification of customer asset management business can handle directional asset management business; To handle the special asset management business, it is necessary to apply to the China Securities Regulatory Commission item by item in accordance with the provisions of these Measures.
Sixteenth securities companies to carry out asset management business, investment promoters shall not be less than five people. Investment promoters must have more than 3 years experience in securities investment, research and investment consulting, have a good record of integrity and professional ethics, and be registered by China Securities Industry Association.
Article 17 A securities company shall, within 5 working days after initiating the establishment of the collective asset management plan, report the initiation and establishment of the collective asset management plan to China Securities Industry Association for the record.
Article 18 A securities company shall submit the following materials when applying for initiating the establishment of a collective asset management plan:
(1) Filing report;
(2) The description of the collective asset management plan, the contract text and the risk disclosure;
(3) Asset custody agreement;
(4) Compliance review opinions of the compliance director;
(5) Other materials required by the China Securities Regulatory Commission.