Jomoo Prince Smashed 100 Million A Shares To Subscribe To Asset Rich Products

Although the A shares have been volatile, the long-term institutional capital layout has not been reduced. Recently, a listed company has launched a bid to buy securities private equity products, and has actively entered the market.

The latest announcement by the nine herd king said that the wholly owned subsidiary invested nine yuan to invest 100 million yuan to subscribe to the 1 private equity investment fund. The management is a well-known private asset rich asset in the industry. Zhan Lingyu, the head of the company, has more than ten years' experience in fund management and insurance management.

According to the fund's announcement, there are many listed companies such as Xuelang, Jinhe, Huasheng, Volkswagen and so on this year, which have invested hundreds of millions of dollars to subscribe for private equity products. In order to get better investment returns and raise the efficiency of fund utilization,

The fund manager calculates that 5 listed companies spent 388 million yuan this year to buy securities private equity products.

Listed companies as "gold owners" have been enthusiastic about subscriptions to private equity funds in recent years, but they are more strict in screening private equity funds.

Jomoo Prince 100 million subscribe to watch rich asset products

In recent years, the announcement of nine Mu Wang announced that the nine party investment limited liability company of Tibet, a wholly-owned subsidiary of the industrial and Commercial Bank of Beijing, signed a private equity fund contract with Guan Fu (Beijing) Asset Management Co., Ltd. and Xingye securities Limited by Share Ltd in May 20th this year, and subscribed to the 1 yuan private equity certificate investment fund of RMB 100 million yuan.

Among them, Guan Fu assets are the managers of private equity funds, while Societe Generale Securities are trustees.

Why do you want to invest in private equity funds?

The purpose of this investment is to obtain financial investment income. The company uses its own funds to make financial investments under the premise of ensuring the funds needed for daily operation, which is conducive to improving the efficiency of fund utilization and will not affect the daily production and operation activities of the company.

It is understood that Guan Fu asset is a well-known private institution in the industry. In May 2015, it was founded by veteran investment veteran Zhan Lingyu and WAN Ding Shan together.

The announcement shows that Guan Fu assets are mainly invested in the two tier market, covering Greater China assets, stocks and Hong Kong stocks.

As of December 31, 2018, the total assets of Guan Fu assets were 17 million 773 thousand and 900 yuan, net assets of 14 million 81 thousand and 300 yuan, operating income of 48 million 946 thousand and 900 yuan, and net profit of -10.95 million yuan.

This watch asset is the product of the subsidiary company of the listed company. The investment manager is Zhan Lingyu and Zhang Hao.

Zhan Lingyu, general manager of Guan Fu assets, has more than ten years' experience in fund management and insurance information management. He has worked for 4 fund companies including finance, Bo Shi, Chang Sheng and Jiashi. He has also trained in Taikang's capital management system. After that, he has gone public for 4 years, and has achieved good investment results.

Zhang Hao, a manager of rich asset investment, worked in the Jiashan fund, specializing in large consumption, medical, TMT and other industries.

The announcement also shows that the investment strategy of the No. 1 private equity fund is:

First, the flexible asset allocation strategy, through the macroeconomic analysis and policy analysis as the core of the scenario analysis method to determine the portfolio portfolio, bonds and cash assets and other investment scope and proportion, and combined with the market valuation, capital, investment behavior and market confidence factors such as the impact of comprehensive judgments to make flexible adjustments.

The two is the stock investment strategy, which adopts top-down approach and bottom-up approach to solve the middle and short cycle parts of investment from top to bottom. The core of the bottom-up strategy is to identify excellent enterprises, including identifying and analyzing core competitive advantages, corporate governance, management teams, corporate strategy, execution and corporate culture, industry competition pattern and external subversion possibility, and the stability and sustainability of the profit mode choice.

The three is risk response strategy. When facing market risk, hedging strategy will be adopted, and the market will be faced with the downside opportunity to sell futures futures contracts or purchase options for hedging. When the stock market improves, then it will be closed or sold.

In addition, the management fee of the fund is calculated according to the annual rate of 0.80% of the net asset value of the fund. The trustee fee is calculated according to the annual fee rate of the net asset value of the fund, and the outsourced service fee is calculated according to the annual rate of 0.1% of the net asset value of the fund.

In accordance with the conditions for performance payment, the annual yield rate method shall be used to calculate performance rewards in terms of the redemption date of the fund share holders, the termination date of the fund and the bonus day.

It is worth noting that the fund is closed operation.

The announcement also reveals the risks of foreign investment, including the risk that the expected investment income can not be realized, and may face other risks, such as liquidity risk, credit risk and policy risk.

Nine Mu Wang said that the company will continue to strengthen internal control and risk prevention, continue to track and analyze the situation of subscription fund products, timely understand the direction and operation of product investment, strengthen supervision, and make good capital management arrangements in advance to ensure the safety and profitability of the company's investment funds.

A number of listed companies subscribe for private equity products this year.

In addition to the nine herd kings, a number of listed companies subscribed to private equity funds this year.

Xuelang environmental announcement, in February 28th of this year, signed a contract with Jiangsu golden lark Asset Management Co., Ltd., with its own capital of 110 million yuan, to subscribe to the Jiangsu golden lark star cash flow private equity investment fund. In March 12th, the board of directors passed the motion on the company's use of idle funds to buy private equity products, and agreed that the company should purchase the fund share with its idle capital of 70 million yuan.

The notice also indicated that, within 1 years after the deliberation and adoption of the board of directors, the company will choose the machine to redeem products in combination with the actual operation of the company and the operation of the product.

Therefore, Xuelang environment announced in May 17th this year, the company redeemed part of the fund products within the authorized scope of the board of directors, recovered the principal amount of 80 million 84 thousand and 100 yuan, and received a profit of 825 thousand and 100 yuan.

Jinhe industry has been keen to buy private equity products. In March this year, it announced that it had signed a contract with Hangzhou Junfu investment management partnership (limited partnership) and Guotai Junan (16.600, -0.03, -0.18%) securities Limited by Share Ltd, and invested 30 million yuan to subscribe to the 1 private equity investment fund of Junfu lake.

It is worth noting that in order to protect the interests of the holders of the fund shares, the early-warning line of the fund is 0.850 yuan net share of the fund and 0.800 yuan for the stop loss line.

Hua Sheng shares also announced in January that the board passed the motion on the use of idle and self owned funds to buy private equity products by companies and holding subsidiaries, and agreed that the company and its controlling subsidiary, Huasheng Industry and trade, respectively used 23 million yuan and 25 million yuan of idle capital to purchase the 1 private equity fund of Jiangsu's golden lark Asset Management Co., Ltd., with a duration of one year.

It is worth noting that the benchmark for performance compensation of the fund is more than 8%.

Hua Sheng shares also said that in view of the 2018 Huasheng 1 private equity fund has brought some benefits to the company, the project has obvious resource advantages, team experience and good development momentum.

The company and its controlling subsidiaries are implemented under the premise of ensuring the daily operation and capital safety of the company. It will not affect the normal turnover needs of the company and the stock company's daily capital, and will help improve the efficiency of the use of its own funds. This investment will not affect the normal operation of the main business of the company and its controlling shareholder.

Volkswagen announced in January of this year that the company agreed to invest RMB 30 million yuan to subscribe to the 1 private equity fund of Qiu Sheng assets, which is the fund manager of CITIC Securities and CITIC Securities (20.590, -0.04, -0.19%) as fund custodian.

This subscription will help further widen the company's investment channels and enhance the company's investment ability by means of the professional advantages of institutional investment.

It is worth noting that the fund has an early-warning line of 0.8 yuan and a clearing line of 0.75 yuan. At the same time, it is divided into category A, B and C fund shares according to the total amount of subscription / purchase amount of the client.

Listed companies are stricter in screening private equity.

In recent years, listed companies or their subsidiaries subscribed to private equity investment funds have become popular. Many well-known private companies, such as Jing Lin assets, Wang Zheng assets, Shenzhou animal husbandry fund, have worked with listed companies and their subsidiaries.

Of course, the final investment performance is different.

Insiders pointed out that the original listed companies to buy more products such as bank management, in recent years, more listed companies are willing to invest in private equity funds, mainly through a certain proportion of idle funds to subscribe for private equity funds, can increase investment returns, improve the efficiency of capital use.

At the same time, from the perspective of private institutions, the idle funds of listed companies are obviously rich ore. Cooperation with listed companies can not only get considerable investment funds, but also improve the brand influence to a certain extent, which is conducive to their development.

With the standardized development of the private sector, private banks, including listed companies, have a higher degree of acceptance of private equity.

Fund manager also found that the products that private companies cooperate with the listed companies are often more than one pair of certain types, and they are called "special accounts" internally.

Some will set up early-warning lines, stop loss lines, and some will also agree on investment duration, such as 1 years.

Some private sources tell fund manager that some listed companies require safety in specific investment strategies, and they will also do some low risk allocation and relatively conservative strategies. Some listed companies hope to get better returns through long-term holding, some products are open, and some products are closed.

"The needs of customers of different listed companies are not the same, which is related to the nature of funds of listed companies.

They agree that our style is willing to vote for us, and we will talk to them before we cooperate.

Of course, in recent years, some listed companies have also encountered the situation of private equity fund losses, and the return on investment is quite different.

According to the fund manager, a listed company is willing to invest continuously and increase the amount of money because it has gained a better income and experience before investing in a private equity company.

In order to prevent and control investment risks, listed companies are now more strict in choosing private equity funds, and are more interested in medium and long term good performance private placement.

"Listed companies have long-term observations on us.

Our research team has buyer experience and industry research experience. Listed companies value our overall strength. We start tracking from the first product we have released. After the stress test of stock crash, they also saw our profitability and risk control capabilities, so they finally decided to invest in us.

A private fund market in North China said.

The private person also admitted that he hoped to do well with the products co operated with the listed companies and prove that he would have more opportunities to cooperate with clients such as listed companies later.