The fund industry risk prevention in this string can not be loose-y580

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The fund industry risk prevention in this string can not be loose Securities Times reporter Du Zhixin in the 2016 National Work Conference on Securities and futures regulators, SFC chairman Xiao Gang stressed the need to strengthen the risk control of the fund industry, and pointed out that some of the raised funds are not evaluated by Prudential risk, GEM stocks held in a high proportion, in its risk accumulation at the same time also, to the market caused a greater risk, especially during once the liquidity problem of abnormal fluctuations in the stock market, almost led to the crisis. Voice just fell, the fund industry in the risk control on the emergence of a small situation. In January 29th, CCB shares due to C Xinfeng calculation method of the net value of the fund, to fund net one-day drop of CCB fund, although out of pocket compensation holders, to satisfactorily resolve the incident, but also to the fund industry has sounded the alarm. In addition, the public fund has also gathered a large amount of risk in the investment. In recent years, the fund has a prominent phenomenon in the share holding, and in 2015 the fund held more than 40% of the circulation shares of the gem. GEM stocks continued to rally, the net value of the fund’s largest gem increased, investors actively purchase such funds, fund managers with GEM stocks continue to buy a new people into money, push stock prices continued to rise. So repeatedly, the gem stock valuations were once pushed up to more than 100 times, and once the market turned, the fund wanted to sell these plates smaller awkwardness can be difficult, resulting in the three quarter of 2015 liquidity crisis appeared in the market. In one case, the risk of centralized investment in stocks is even more serious. In the first half of 2015, many fund companies collectively bought a stock, resulting in a fund company’s share of the shares accounted for more than 15% of the shares. IShares information, solid gold shares, Sinnet, Beijing Tianli, Rui Mao all has appeared in this situation. Even in the 2016, these risks still exist. In 2016 January, the market fell sharply, the gem index fell 26.53%, the Shanghai index fell 22.65%, Shenzhen Component Index fell 25.64%, the amount of funds more than 30% decline in January, the fund net decline even more than the gem index decline. The reason behind this is that the investment in GEM stocks is concentrated. In the case of a falling market, it is difficult for the fund to sell smoothly. The risk of the bond market is also accumulating. In 2015, the landscape cement default, many funds held bonds can not be cashed, Wells Fargo fund has even sued bond issuers, Shandong shanshui cement group bond default rights. In the downward trend of economic growth, the stock market, the bond market accumulated risks continue to appear, stock investment, bond investment and fund liquidation operation risk control this string must not be loose. Sina statement: this news is reprinted from Sina cooperation media, Sina published this article for the purpose of transmitting more information, does not mean to agree with its views or confirm its description. This article is for reference only and does not constitute investment advice. Investors operate accordingly and take risks at their own expense. Enter Sina Financial shares] discussion

基金业风险防范这根弦不可松   证券时报记者 杜志鑫   在2016年全国证券期货监管工作会议上,证监会主席肖钢强调基金业需要强化风险控制,并指出,一些公募基金未经审慎风险评估,高比例集中持有创业板股票,在自身风险积聚的同时,也给市场造成了较大风险,特别是在股市异常波动期间一度出现流动性问题,险些酿成行业危机。   话音刚落,基金业在风险管控上就出现不小的状况。1月29日,建信鑫丰C份额由于基金净值计算方法的原因,导致基金净值单日大跌,虽然建信基金自掏腰包补偿了持有人,使该事件得到圆满解决,但也给基金业敲响了警钟。   此外,公募基金在投资上也集聚了不小的风险。近年来,基金在持股上偏配现象突出,2015年基金持有创业板流通股比例一度超过40%。创业板股票持续大涨,重仓创业板的基金净值大增,基民踊跃申购此类基金,基金经理拿着基民新进入的钱继续买创业板股票,推动股价持续上涨。如此反复,创业板股票整体估值一度被推高到100多倍,而一旦市场转向,基金想要卖出这些盘子较小的重仓股可就难了,结果在2015年三季度市场出现了流动性危机。个案方面,基金集中投资个股的风险就更加严重。2015年上半年,多次出现一家基金公司旗下基金集体买入一只股票,导致一家基金公司持股比例占该股票流通股比例超过15%。安硕信息、金固股份、光环新网、京天利、瑞茂通等都先后出现过这一情形。   即使到了2016年,这些风险仍然存在。2016年1月份,市场急速下跌,创业板指下跌26.53%,上证指数下跌22.65%,深证成指下跌25.64%,相当数量的基金在1月份跌幅超过30%,基金净值跌幅甚至超过创业板指数跌幅。背后原因还是在于集中投资创业板股票,在市场下跌的情况下,基金很难顺利抛售。   债券市场的风险也正在积累。2015年山水水泥违约,不少基金持有的债券不能兑付,富国基金甚至已经起诉债券发行人山东山水水泥集团进行债券违约维权。   在经济增速下行的大背景下,股市、债市累积的风险不断显现,股票投资、债券投资以及基金清算运作风险管控这根弦切不可松。 新浪声明:此消息系转载自新浪合作媒体,新浪网登载此文出于传递更多信息之目的,并不意味着赞同其观点或证实其描述。文章内容仅供参考,不构成投资建议。投资者据此操作,风险自担。 进入【新浪财经股吧】讨论相关的主题文章:

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