The Fund Management Business' Internal Control Study Of B Fund Management Company

In recent years in the guidance of national policy of developing institutional investors,institutional investors has developed rapidly represented by securities investment fund.With the expansion of the fund size,the influence of fund management companies has an unprecedented ascension in the stock market.The vigorous development of funds and other financial products put forward higher requirements of the performance of fund management companies,which requires the company to provide a more rigorous internal risk control system and higher professional fund managers.However,in recent years,the fund market irregularities phenomenon occurs frequently,for example the "mouse storehouse" event,which says enterprise internal control system has loopholes or do not fit in with the rapid development of fund market behind the growth in fund management company.With B fund management company as an example,this article embarks from the organizational framework of internal control,companied with the characteristics of the fund management business,points out the defects of B company's internal control system.Through B funds "mouse storehouse" recent event as the breakthrough point,the article will analyse the deficiency of the fund management business and then extend to perfect our country's fund management business internal control,put forward the author's suggestion,in order to help to reinforce China's fund management business internal control firewall and establish the more solid,more efficient and more standardized system of fund management company internal control and solve the absence of internal control system,imperfect legal system,unstandard investment operation,information disclosure randomness and many other risk management.Put forward that the fund management business shall establish a value orientation,combined with the enterprise strategic development goal,of the internal control system,strengthening the construction of internal control system,guard against the indemnification,related party transactions and ensure independent operation and legal compliance.At present,the domestic study of fund management business partly focused on the development course,portfolio theory,the factors influencing performance,and performance evaluation,etc.,the specialized researches on internal control of fund management business articles is not much.This article puts forward to strengthen the construction of internal control of fund management business,through combing the domestic and foreign internal control point of view,and analyzing the cause of the fund management company's internal risk from the concept of internal control system,organizational structure and general process.