China International Fund Management Co. Ltd.

By Fund China
Published: July 19 16:07

China International Fund Management Co. Ltd. from S hanghai International Trust & Investment Co., Ltd. and JPMorgan Asset Management (UK) Limited jointly established , Shanghai International Trust & Investmen t Co. Ltd. holding 51% , JPMorgan Asset Management (UK) Limited holding 49% .

From JP Morgan Asset Management (UK) Limited Asset Management 150 years of world-renowned professional asset management experience, with Shanghai International Trust & Investment Co. Ltd. rich experience in the local financial operations, China International Fund Management Co. Ltd. will China has made great efforts to build the fund industry’s flagship brands, dedication to domestic investors in the asset management advanced concepts and international investment management services.

Company in May 2004 formally established. Companies so far committed to the establishment and management of securities investment funds, future laws and regulations will be within the limits of providing a wide range of asset management services, including the social security fund, Annuity and to provide personalized financial services. After two years of development, the company is now under China’s advantages Fund, Currency Fund, Alpha Fund and Double interest balanced fund, the management has the asset size of over 10 billion yuan.

Pride in the local Chinese shareholders

Founded in July 1981, Shanghai International Trust and Investment, with its strong ability to finance and operate the exclusive localization advantage famous at home and abroad. According to the State Council in 2001 and the requirements of the People’s Bank, the Shanghai International Trust and Investment apply for re-registration, become the country’s first batch of “corporate trust permits” one of the trustees. Registered capital of 2.5 billion yuan, the deadline in December 2003 the total assets of 10.587 billion yuan. National Habitat local trust and investment institutions first.

So far, the Shanghai International Trust and Investment authority of the international rating agencies widely recognized :
1995 was the professional rating agencies Moody’s credit ratings as the company level, for our local financial institutions access to the highest level
1995 was authoritative international rating agencies, Standard & Poor’s rated BBB-credit rating
1994 was by JBR (Japan Bond Research) rated A + credit rating

Meanwhile, the Shanghai International Trust and Investment was the forerunner of the fund industry :
In September 1993, the issue of “China International Jinlong Fund” The central bank approval to the first batch of yuan Fund (later merged into the “Anrui Fund”)
In November 1993, launching and management of Shanghai No. 1 outside the registration and listing of the Common Fund “Shanghai Bright Fund”

Highly legendary foreign shareholders

JPMorgan Asset Management (UK) Limited under the JP Morgan Group, JP Morgan Group is the world’s largest financial services group, under five main business areas include : investment banking, investment management and private banking, treasury and securities services, private equity services, Commercial banks, comprehensive strength is a world leader in the global financial group one.

2000 former Chase Manhattan Bank, JP Morgan and JPMorgan Group, After the merger of JP Morgan Group is the world’s largest financial institutions in the world. In January 2004, JPMorgan Chase Group and America’s sixth largest bank Bank One merger agreement. After the merger of the Group’s total assets will be close to 1.1 trillion U.S. dollars, the total size of the assets under management reached 1.15 trillion U.S. dollars.

Looking back at the past 150 years, is saddled with a global investor confidence, JP Mrich consistent careful financial management for clients, the legendary memory so far.

JP Morgan’s long history and successful experience can be traced back to the 19th century, JP Morgan then government and the United States as well-known enterprises and the financial advisers reputation high reputation. As a major financial intermediary market, JP Morgan issuers and investors will be closely linked to as well as institutional clients to provide professional asset management services. In addition, during the past century, JP Morgan also many prominent individuals and family care than assets.

JP Morgan traditions and the value can not be established at once, but several generations depends on the financial tycoons tireless efforts. 1890 J. Pierpont Morgan inherited his father’s industries, This has laid a future world-renowned brands. Under his leadership, JP Morgan of the United States in the 20th century, the modern process of industrialization made an indelible contribution.

JPMorgan Group established in 1873 in the United Kingdom. Founder Robert Fleming at the time to establish a new investment in American stocks and bonds rail “Scottish American Investment Trust, ” become the world’s fund industry one of the originator. 1970. JPMorgan Group with the Jardine Group created the first Asian joint venture fund companies — Jardine Fleming Group (now known as ” JF Asset Management “), today’s JF Asset Management Asia-Pacific region has become the leading asset management companies.

Globally renowned asset management experience

Today, JPMorgan asset management business has a global coverage of over 40 countries and regions, more than 570 investment professionals of the world to millions of mutual fund investors and financial services accounts. By September 31, 2005, total assets under management of up to 8, 276 billion dollars, is the world’s largest asset management companies.

China International Fund Management Co. Ltd. : redoubled trusted investment experts

Sound sustainable development strategy

In the organizational structure, China International Fund Management Co. Ltd. will Following the international norms fund industry’s successful experience, shareholders, board of directors, board of supervisors and operating management responsibilities clearly demarcated, a professional risk management, reflecting the fund industry management professional standards — the separation of powers, and responsibilities, division of labor. The shareholding structure, in order to ensure the long-term stability of ownership, the shareholders agreement, both sides agreed, Management tends to avoid the pursuit of short-term performance, always focus on long-term operating results emerged, maintain long-term stable development.

International convergence of the investment concepts

Investment management’s decision-making processes one — stock portfolio

Investment management decision-making processes bis — fixed income asset portfolio

Professional standard operating procedures

In investment management strategy, China International Fund Management Co. Ltd. will make full use of JPMorgan Asset Management of global resources, Systematic use of the investment decision-making process and the systematic risk management process, and recognizing the importance of moral integrity of the system to ensure that foster investment decision-making process of professional, scientific and normative.

Investment flow chart

Elites investment team

International standards of the local elite company will uphold international vision and wisdom of the local community with the principle of combining fine, is rich in domestic securities markets investment management experience of the fund manager, to use international investment concepts in-depth integration of the local market perspective, seeks to give investors continued excellent performance of the Fund.

Greater China, with the full support of the Greater China team Permanent Investment Management in Hong Kong, the region’s most senior investment management services in the world. Members of the team with an average of 15.6 years of investment experience, Morgan Fulin average for the asset management serving eight years. In addition, Another 15 have experience in the Greater China market experienced investment professionals directly to the joint venture company to provide long-term support of a strong backer.

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