摘要
经过多年的摸索与研究,2010年初,中国证监会正式开通了证券市场两项最重要的对冲工具——股指期货和融资融券交易,为中国发展对冲基金奠定了基础。近年来,国际对冲基金通过投资公司的组织形式逐步进入了中国金融市场,被称为中国本土对冲基金主力军的阳光私募也不断壮大起来。对中国本土对冲基金与A股市场的关系、财富管理行业与对冲基金的关系、发展本土对冲基金的制约因素进行了分析,使市场参与主体理解中国对冲基金的整体框架与对冲基金在中国证券市场的价值。
In the early 2010, CSRC approved two of the most important hedging instruments -stock index fu- tures and margin trading, which were considered as fundamentals for developing hedge funds in China. In recent years, international hedge funds have been entering China market by the form of investment firms, local private se- curity firms also have been growing. This paper will analyze the relationship between local hedge funds and A stock market,the relationship between hedge funds and wealth management industry and bottlenecks of developing local hedge funds. Research on local hedge funds can make market participant to understand the overall framework and significance of hedge funds.
出处
《经济问题》
CSSCI
北大核心
2014年第3期61-64,共4页
On Economic Problems
关键词
财富管理
对冲基金
A股市场
阳光私募
wealth management
hedge funds
A stock market
private security firms