Research On Risk Management Of AB Futures Company's Asset Management Business

In recent years,with the increasing demand of residents for financial management,the large assets management industry,whose core is to meet the needs of customer asset value preservation and appreciation,has developed rapidly.Beginning in early 2012,the asset management industry ushered in a new wave of business innovation.The major financial companies under the jurisdiction of the First Party Committee and the Third Party Committee have joined in the asset management industry.In 2015,the management of futures assets has also gained a new life,joining the big assets management industry,it can be said that the whole big assets management industry has more and more branches,showing a pattern of flowers blooming.However,with the concept of mixed operation penetrating into the market,many financial institutions grow brutally.Based on the capital market system with Chinese characteristics,the problem of cross-regulatory arbitrage of financial institutions is prominent.The funds are idling among financial institutions,the leverage ratio is high,and the market risk is accumulating sharply,which eventually leads to many domestic risk events,including stock disaster,meltdown,concentrated default of bond market,etc.As a direct participant in asset management business,the asset management business of futures companies also faces many risks.How to manage the risks well and how to prevent and deal with the risks are the main problems to be solved in this paper.The main contents of this paper are as follows: Firstly,the research background and significance of this paper are introduced.The background of the research is mainly from the development of futures asset management business,the types of industry risks faced by futures asset management business,the complexity of product structure,business innovation,and the complexity of regulatory environment.The significance of the research is to fully understand and analyze the possible aspects of futures asset management business in the exhibition process through the risk study of AB futures asset management.On the basis of risk research,we should take measures to deal with the risks.Through theoretical research,we can contribute to the theoretical basis for the innovation and development of asset management business in the cargo industry,escort the steady development of the industry,better serve the company strategy,and serve the national real economy.Then the research contents and methods are explained.Through the innovative practice of futures asset management business in the exhibition process,the first-hand research materials are accumulated.At the same time,the relevant research results of the same industry are absorbed.Combining the theory of asset management risk management and modern financial instruments,three methods are adopted: case study method,qualitative and quantitative research method,and quantitative research method.Methods The riskmanagement of asset management business was studied.The second part is to introduce the research theory of this paper.This paper mainly uses three theories as the basic theory and basis: risk management theory,futures asset management theory and futures asset management risk management theory.The third part is the macro-introduction of asset management business of futures companies.Firstly,it introduces the overall development status of futures companies and the development status of asset management business of futures industry.On this basis,it introduces the basic situation of AB futures companies,and makes a comparative analysis of the development types and scales of asset management business of AB futures companies,and introduces the asset management of AB futures companies.Physical characteristics and growth path;The fourth part introduces the risk management system of AB futures company,and then combs the problems and risk points that AB futures company's asset management business faces in the process of business development.Risk management system mainly elaborates from six aspects: internal control,target setting,risk identification,risk assessment,risk response,risk monitoring,etc.The main risks facing AB Futures Company are to sort out the common risks of the industry and the risks arising from the combination of its own shareholder background and business characteristics,mainly introducing market risk,compliance risk,liquidity risk,credit risk.On the basis of five risks such as risk,management risk and so on,combining with case analysis,this paper introduces in detail the above five risks encountered by AB futures management department in the course of exhibition.On the basis of the above five risk analysis,this paper discusses the problems encountered by AB futures asset management in the course of business development and makes cause analysis.The main problems we encounter are that the market risk evolves too fast,the risk identification ability is insufficient,the compliance risk is difficult to predict,the information system construction is backward,the credit risk assessment ability is insufficient,and the professionals of wind control are insufficient.We should deal with all kinds of risk management experience,and analyze these five problems,find out the reasons,and provide basic research for solving the problems.The fifth part is based on combing the risk points and related theories,formulating the corresponding risk prevention measures,first from the system level to formulate various risk management systems,and then improve the risk management system framework,on this basis,the five risk points are synthesized and put forward various specific solutions.At the end of this paper,the paper summarizes and looks forward to the future development.I hope that through this paper,we can provide useful exploration and research for AB futures company to do a good job in risk management of asset management business,risk prevention and risk disposal.