Performance Control of Chinese Mutual Funds: Theory and Practice: Theory and Practice

Author: Cao Xiaoqing
Publisher:
Publish Date: 2003-11-01
Features: This book also has practical value. After China joined the WTO, it will become a very promising financial market in the future. At the same time, fund management companies will share this economic stage with foreign investors. The sense of urgency will prompt them to adopt advanced performance control systems to compete with investors both domestically and internationally. Our research has proposed many useful suggestions for Chinese and foreign investors in managing funds in China. Our study shows that China's fund industry is developing rapidly, with significant changes and challenges in the internal environment of fund management companies. We hope that our exploratory research can help fund management companies and the entire industry effectively achieve their goals, enhance adaptability, and improve their ability to increase returns and control risks. The main theoretical contribution of this book is the establishment of a performance control model based on China's specific economic environment. Since the theory of fund performance evaluation and control is all based on mature market economies, and China is in a transitional economic system, how to apply these theories to China is the main contribution of this book.