Analysis of Changes in China's Investment Fund System

Author: He Dexu
Publisher:
Publish Date: 2003-01-01
Features: In this book, the author applies the principles of institutional economics and information economics to analyze the historical evolution of fund investment systems, describes the structural characteristics and functional evolution in the transformation of fund investment systems, examines the special institutional arrangement of hedge funds, and derives the development trends of China's private funds from this analysis. The book also conducts an empirical analysis of China's fund investment system transformation (including "old funds" and "new funds," open-ended funds and closed-ended funds), dissects the fund investment system's safeguard system—supervision and evaluation, compares the fund investment system with the commercial banking system, and proposes numerous viewpoints, suggestions, and recommendations based on the analysis. All of these contributions hold significant reference value and implications for the future development of China's fund investment industry.