The Research On Risk Management For Chinese Open-end Funds

With the develop of China's security market,Open-end funds of our country get a boost in recent years. Till now, Open-end funds get a important status in Chinese security market, But the risk of Open-end funds face bigger and bigger risk with its expending scale. And the various risks of Open-end funds are beginning to be concerned by Public.The paper researches on the side of the risk management from the fund managers. By market risk, liquidity risk, and moral risks of Open-end fund in China to study the risk management, and trying to find a way of preventing and resolving the risk in Open-end funds for our Open-end funds managers.There are four parts in this article. The first part describes the concept of Open-end funds in China, features and functions, and the theoretical overview of Open-end funds, the relationship and differences between Open-end funds and Closed-end funds. The second part describes the Open-ended fund and the general risk analysis. Open-ended fund's risks are classified from both internal and external risk, and this part will give us a deep understanding of the risks. The third part from the perspective of risk management by analysis of the Open-end fund risk management problems. The fourth part is the core of the article, is mainly to introduce the risk prevention, from risk identification, measurement and prevention, and put forward my own proposals. By introducing the coefficient of risk management application, the fund managers can adjust the allocation of their assets. The managers need to construct a risk early warning system to enhance risk management.