Founded in 1998, it is one of the top ten fund management financial institutions, a comprehensive enterprise dedicated to the public fund industry, specializing in fund initiation, issuance, establishment and management
On March 6, 1998, with the approval of the China Securities Regulatory Commission, China Southern Asset Management was formally established as one of the first standardized fund management companies in China, which became the starting symbol of the "new fund era" in China.
In January 2018, the company was re-established as China Southern Asset Management Co., Ltd., with a total share capital of 300 million shares. The promoter's shareholding ratio is: Huatai Securities Co., Ltd. holds 45% of the shares, Shenzhen Investment Holdings Co., Ltd. holds 30% of the shares, Xiamen International Trust Co., Ltd. holds 15% of the shares, and Industrial Securities Co., Ltd. holds 10% of the shares.
At present, the company has branches in Beijing, Shanghai, Hefei, Chengdu, Shenzhen, Nanjing and other places, and has subsidiaries in Qianhai, Shenzhen and Hong Kong - China Southern Capital Management Co., Ltd. (Shenzhen subsidiary) and CSOP Asset Management Co., Ltd. (Hong Kong subsidiary). Among them, CSOP is the first overseas branch of a domestic fund company to be approved for establishment.
The company has a high-quality, experienced professional team. As of the end of the first half of 2017, the company has a total of 553 employees, more than 70% of whom have a master's degree or above, and nearly 55% of whom have more than 5 years of experience in the securities industry, of which the average number of investment researchers in the securities industry is nearly 7 years, and 30% of the investment researchers have overseas study or work experience.
The company has experienced the long-term test of many bull and bear alternations in China's securities market, and has won the recognition and trust of the majority of fund investors, social security councils, enterprise annuity customers and special account customers with its continuous excellent investment performance and perfect and thoughtful customer service. In the years of development, the company has successively obtained a full license in the public fund industry, including public funds, special account wealth management, social security funds, enterprise annuities, insurance funds, basic pension insurance funds, etc.
As of the end of the first half of 2017, the consolidated assets under management of China Southern Asset Management (AMAC) amounted to RMB918.5 billion. Among them, the assets under management of China Southern Asset Management are 658.6 billion yuan, ranking among the top in the industry. China Southern Asset Management manages a total of 134 public funds, covering equity, hybrid, index, hedging strategy, bond, currency, QDII, FOF, etc., with a public fund scale of 376.5 billion yuan, ranking 5th among 113 fund companies in China, with a cumulative dividend of more than 84.7 billion yuan to fund holders and more than 33 million customers. The management scale of China Southern Fund's non-public offering business reached RMB282.1 billion, maintaining a leading position in the industry. The assets under management of CSOP's special account subsidiaries were RMB227.2 billion, and the AUM of CSOP's Hong Kong subsidiaries was RMB31.7 billion. China Southern Asset Management has developed into one of the fund management companies in China with a wide range of products, comprehensive business areas, a large number of clients, excellent operating performance and a large asset management scale.
