China Securities Regulatory Commission, Measures for the Pilot Specific Client Asset Management Business of Fund Management Companies (Amended)

中国证券监督管理委员会基金管理公司特定客户资产管理业务试点办法 (修订)

October 11, 2012 | BY

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Wealth management plans of fund management companies allowed to invest in non-listed equity.

Promulgated: September 26 2012
Effective: November 1 2012

Applicability: Where a fund management company raises funds from specific clients or serves as asset manager for property entrusted to it by specific clients, with a custodial organisation serving as asset custodian, and uses the entrusted property to carry out investment activities in the interests of the parties that entrust the assets, these Measures shall apply (Article 2).

The engagement by an asset manager in specific asset management business through the establishment of asset management plans may take either of the forms set forth below:

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