The Research Of China's Futures Company Asset Management Business Under The New Regulatory Trends

Since 2012,with regulators on financial institutions relaxed management business policy,futures companies are also catching up the rapid development after “Measures for the Pilot Program on the Asset Management Service of Futures Companies” implied.With the futures funding increasingly on track,the scale of futures asset management business has gradually increased.However,after the formation of large capital management,there appears behavior of arbitraging supervision,Which is gradually deviating from the nature of asset management business.In this context,the People's Bank together with the CBRC,the SFC,the CIRC,the SAFE set up a "unified asset management product standard regulation" working group,drafted the guidance on "regulating the asset management business of financial institutions".This indicates that China's asset management industry is about to be transferred from the division of supervision to unified supervision."This trend will have a huge impact on asset management company,especially for the futures management company.Therefore,this paper is to analyze and discusses the development of asset management business of Chinese futures companies under the new regulatory trend.Then it elaborates the current situation of financial supervision in China.It through the analysis of regulatory dynamics in recent years,generalizes the financial management of the new trend of financial supervision.Next part is the development of China's futures asset management business.First of all,it sorts out the development of China's futures asset management business;Secondly,it expounds the current situation of China 's futures asset management business from various aspects,such as Company status,business scale,investment strategy,marketing channels,risk control and so on.At the same time,it focuses on the impact of the implementation of the "new eight bottom line" on the development of futures asset management business.Next part is the comparison about the development of Asset Management Business in Financial Institutions,mainly compared Futures company with securities company,fund company,Trust company,and it use SWOT method to explore the development of futures asset management business under the new supervision trends.Finanlly it makes suggestion of futures asset management business under the new trend of supervision.It puts forward the effective recommendations of the development of futures asset management business under the new supervision trend,Which from Multiple angles such as the use of derivatives advantages,accurates market positioning,Strengthening the active management ability.