2019年中美公募基金行業(yè)發(fā)展現(xiàn)狀及對(duì)比分析報(bào)告

1、關(guān)注公眾號(hào)“三個(gè)皮匠”獲取最新行業(yè)資訊更多行業(yè)研究投資報(bào)告下載請(qǐng)搜索hybg.html2019年深度行業(yè)分析研究報(bào)告關(guān)注公眾號(hào)“三個(gè)皮匠”獲取最新行業(yè)資訊更多行業(yè)研究投資報(bào)告下載請(qǐng)搜索hybg.html5.1.5保守投資策略限制發(fā)展..........................................................................585.2先鋒基金（Vanguard）：低成本指數(shù)基金，基金

2、業(yè)的新旗幟...........................585.2.1低成本運(yùn)營(yíng)獨(dú)辟蹊徑..............................................................................585.2.2指數(shù)基金特色鮮明...............................................................................

3、...605.2.3產(chǎn)品服務(wù)精耕細(xì)作..................................................................................615.3貝萊德（BlackRock）：外延擴(kuò)張打造資本運(yùn)作之王.........................................625.3.1資本運(yùn)作實(shí)現(xiàn)規(guī)模擴(kuò)大..............................

4、.............................................635.3.2緊跟被動(dòng)投資乘勢(shì)而起...........................................................................635.3.3治理機(jī)制促長(zhǎng)期發(fā)展...................................................................

5、...........645.3.4金融科技阿拉丁系統(tǒng)賦能......................................................................666、中美對(duì)比，解析基金行業(yè)發(fā)展方向...........................................................................686.1立足行業(yè)：中國(guó)共同基金尚處起步階段.....

6、.......................................................686.2細(xì)觀品類(lèi)：各類(lèi)基金產(chǎn)品發(fā)展水平參差............................................................686.3聚焦機(jī)制：治理及考核機(jī)制仍待優(yōu)化..............................................................

7、..707、翹首展望，五大核心競(jìng)爭(zhēng)力推動(dòng)基金業(yè)突破革新......................................................727.1重塑商業(yè)模式，打造核心競(jìng)爭(zhēng)力.......................................................................727.2治理機(jī)制：精簡(jiǎn)組織架構(gòu)，優(yōu)化治理機(jī)制..........................

8、...............................747.2.1探索多元股權(quán)，精簡(jiǎn)組織架構(gòu)................................................................747.2.2引入事業(yè)部制券商研究服務(wù)..................................................................757.2.3堅(jiān)持價(jià)值投資，參與全球競(jìng)爭(zhēng)

9、................................................................767.3人才建設(shè)：激發(fā)員工活力，注重團(tuán)隊(duì)建設(shè).........................................................777.3.1員工持股計(jì)劃綁定股東和員工利益......................................................

10、...777.3.2專(zhuān)業(yè)的員工培訓(xùn)體系幫助員工快速成長(zhǎng)..................................................787.3.3完善的晉升機(jī)制保證了優(yōu)秀人才的有效留存..........................................797.3.4人才管理將是內(nèi)資資管未來(lái)發(fā)展的關(guān)鍵..................................................7

11、97.4資源稟賦：機(jī)構(gòu)零售雙突破，激活多渠道資源..................................................797.4.1機(jī)構(gòu)端：資金分層效應(yīng)顯著，增量資金加速流入...................................797.4.2渠道端：居民財(cái)富催生多元理財(cái)需求.....................................................827.5產(chǎn)品

12、創(chuàng)新：多元布局拓空間，費(fèi)率優(yōu)化迎發(fā)展..................................................857.5.1“養(yǎng)老金公募”助力FOF基金前行......................................................857.5.2參與科創(chuàng)板投資，分享資本市場(chǎng)紅利....................................................

13、.867.5.3工具化、被動(dòng)、量化投資產(chǎn)品發(fā)展.........................................................867.5.4“公募基金ABS”模式的中國(guó)版REITs......................................................877.5.5貨幣基金模式創(chuàng)新............................................

14、......................................877.5.6FICC與CTA基金..................................................................................887.5.7創(chuàng)新費(fèi)率產(chǎn)品，讓利基民，重獲信任.....................................................887.6風(fēng)控

15、體系：業(yè)務(wù)拓展奠基石，長(zhǎng)遠(yuǎn)發(fā)展生命線..................................................917.6.1歷史沉淀風(fēng)控意識(shí)突出，打造完善風(fēng)控體系..........................................917.6.2金融科技助力風(fēng)險(xiǎn)控制...................................................................