200 1 worked in the asset management department of Tiantong Securities. In 2003, he was a senior researcher in the Asset Management Department of Tiantong Securities. In 2005, the deputy manager established Jinan Fengtai Investment Company as the general manager. During 2005-2009, it achieved an annual return rate of 23%, which performed well in similar products.
On 20 10, the company changed its name to jiefeng asset management company in the name of its founder, and only conducted business for enterprises and institutions. Jiefeng Asset Management Co., Ltd. advocates zero-risk portfolio management, which is well received by the industry for its rigorous investment style and is rated as 4 stars by American Morningstar Company.
Brief introduction to the origin of financial asset management companies
From the 1980s to the early 1990s, a far-reaching banking crisis occurred in the United States. At that time, about 1 1,600 banks and 1 1,300 savings and loan institutions in the United States were in trouble.
In order to resolve the crisis, the Federal Deposit Insurance Corporation and the Federal Savings and Credit Insurance Corporation made every effort to provide assistance, and the US government also took a series of measures to set up a disposal trust company (RTC) to dispose of the non-performing assets of savings and loan institutions.
RTC has been operating from 1989 to 1994 for more than five years, and has made many achievements in resolving financial risks and promoting financial innovation. It is an internationally recognized successful example of disposing of non-performing assets of financial institutions. In a sense, it is from RTC that the establishment of asset management companies has become a common practice for all countries to resolve financial risks and dispose of non-performing assets.