Shanghai's First Business Registration "Wealth Management" Company Was Founded.

Reporters learned yesterday that in order to actively foster the construction of an international financial center, Shanghai has recently approved the sunshine private equity fund platform to officially define the "third party financial management" business as the scope of business registration. A family name contains " Wealth management "Shanghai Securities Star Wealth Management Co., Ltd." was formally registered in April 15th. The sunshine private family in Shanghai, a financial city, is also adding new recruits.

Shanghai finance office said, "development." Private Offering Fund Shanghai construction. International Financial Center And the key link of the wealth management center.

Hong Rong, vice chairman of China securities online group, said that the establishment of a special "wealth management" company aims at integrating the quality resources of NASDAQ listed companies China Financial online group, giving full play to the functions of aggregation, incubation and service, so as to build a better service platform for high net worth users and sunshine private placement.

Reporters learned that only sunshine private equity fund, for example, the 2010 sunshine private equity fund product market size has exceeded 100 billion yuan, the estimated size of 2013 will exceed 500 billion yuan. Statistics show that China's annual income of more than 300 thousand yuan has more than 20 million households, and is growing at a high speed. Since more than 75% of private wealth is still in cash and deposits, the wealth management service industry will still have huge growth potential in the future.

According to the Shanghai finance office, there are more than 630 financial institutions in Pudong. There are 61 public fund management companies in the country, of which 29 are in Pudong, and the scale of management is about 770000000000 yuan, accounting for 36% of the total. Private equity fund, Pudong's livelihood road has become a domestic sunshine private street; half of the ten largest private equity funds in the world have settled in Pudong.

Private equity funds have experienced decades of development abroad, and have become more mature industries. At the beginning of development, Investment The group is very small. It is called the "rich club". Until the late 1970s, the emergence of hedge funds made the private equity fund gradually enter the public view through the media. After 1990s, the private sector entered a period of growth. The number of private equity funds increased by an average of more than 17% per year. In 1988, there were only 1373 private equity funds in the world, and the assets under management were less than US $42 billion. By the end of 2003, the number of global private equity funds had exceeded 8000, and the assets of the management scale exceeded US $800 billion. In the past 15 years, the number of funds has increased by nearly 5 times, and the size of managed assets has increased by about 20 times.