Discussion On Asset Management Business Development Strategy Of Futures Companies Under The New Asset Management Regulations

With the issuance of the ?Measures for Piloting Asset Management Business of Futures Companies?,the asset management business of China's futures companies was officially opened,and the business ushered in explosive growth.The national policy gave a series of progress and achievements made by the futures company's asset management business since its development.A full affirmation.In the process of great development,there is bound to be a corresponding threat,and there are certain violations in the development of the business.Due to the late layout of asset management market,many investment restrictions,weak business ability and lack of talents,futures companies choose channel operation as the mode of business exhibition to break away from the active management mode of asset management business.In the past few years,channel business has always been the core of asset management business of futures companies.This development mode with certain problems in itself has not only benefited the asset management business of futures companies,but also greatly damaged the healthy development process of asset management business of futures companies,bringing a series of follow-up problems.The release of the new rules stirred up the quietness of the asset management industry,and formulated a unified supervision system for the separate management of financial institutions,which greatly impacted the businesses of financial institutions.In the aspect of futures companies,the new rules of asset management break the false prosperity brought by the channel business to the asset management business of futures companies,regulate the capital pool,break the rigid exchange and eliminate the multi-layer nesting,each of which will give a heavy blow to the asset management business of futures companies,and the future development path of the business becomes fuzzy.Under the background of the new asset management regulations,what are the influences on the asset management business of futures companies? To what extent are they affected? What is the future development direction of the business? This series of problems need to be explored.Firstly,this paper analyzes the overall impact of the new rules on asset management and the asset management business of futures companies by comparing the market reflection and specific business adjustment before and after the new rules on asset management.Then it USES the asset management business of H futures company as the case to explore the specific impact of the new capital contribution regulation on it.In the analysis results,it is shown that both the general measures to break the rigid exchange and exit channels and the adjustments to the small provisions in the business operation and management have brought more or less impact on the asset management business of H futures company.Finally,under the precondition of the new asset management regulations,this paper discusses the development of the asset management business of H futures company based on various materials,and gives some Suggestions.