各类资产管理机构信用评级体系建设借鉴与启示分析

各类资产管理机构信用评级体系建设借鉴与启示分析



信用评级体系是管理机构能否运营顺利的关键，它可以反映机构生存、经营、财务状况等行为，帮助投资者了解机构的风险水平，从而决定投资方向。因此，信用评级按照世界各类资产管理机构的实力，建立一套评价标准，既可以监督对象的行为，又能给行业发展带来必要的推动力，使之走向规范化和系统化的发展。

首先，各类资产管理机构在制定信用评级体系时，应综合考虑机构资产规模、资产质量及其变化情况、投资手段、利润率、风险控制能力等能体现机构经营状况和相关问题的因素，在所有因素协同作用下，评价机构财务状况，建立科学合理信用评级体系。

其次，信用评级体系应以投资者利益最大化为原则。信用评级计算的核心是风险，评价的核心是风险管理。通过详细研究机构管理和风险控制能力，从而有针对性地指定投资者最佳利益，并使投资者做出安全有收益的投资决定。

再次，各类资产管理机构在建立信用评级体系时，应把市场动态融入到评级模型中，从而更好地发挥市场对信用评级的约束和影响，增强资产评级的可信度。

最后，各类资产管理机构也需要建立可靠的投资者保护体系，防范投资者潜在损失，保障投资人切身利益。同时，管理机构应实行严格的内控制度、限制及控制投资行为，完善风险预警机制，保证机构正常经营和发展。

总的来说，各类资产管理机构在建立信用评级体系时，应当在科学决策基础上，完善投资者保护体系，构建完善的市场环境，使投资者获得更多可靠有效的决策参考，从而使机构得到更安全更健康的发展。



Several Asset Management Agency Credit Rating System Construction Benchmarking and Enlightenment Analysis

The credit rating system is the key to whether the management agency can operate smoothly. It reflects the behavior of the agency's survival, operation, financial status, and helps the investors to understand the risk level of the agency and decide the investment direction. Therefore, according to the strength of different asset management agencies in the world, a set of evaluation standards will be established to both supervise the behavior of the object and bring the necessary impetus to the industry development, so as to make it move towards normalized and systematic development.

First of all, when formulating the credit rating system for various asset management agencies, comprehensive factors such as the scale of the agency, the quality and change of the assets, investment means, profit rate and risk control ability which can reflect the operational condition of the institution and relevant issues shall be taken into consideration. Under the synergism of all the factors, the financial status of the institution shall be assessed and a scientific and reasonable credit rating system shall be established.

Secondly, the credit rating system should take the maximization of the investor's benefit as the principle. The core of the credit rating calculation is risk and the core of the evaluation is risk management. By studying the management and risk control ability of the agency in detail, the best interests of the investors shall be designated in a targeted manner, so as to make the investors to make safe and profitable investment decisions.

Thirdly, when establishing the credit rating system for various asset management agencies, the market dynamic shall be integrated into the rating model, so as to better play the restraint and influence of the market to the credit rating and enhance the credibility of the asset rating.

Finally, various asset management agencies should also establish a reliable investor protection system to prevent potential losses of investors, protect the immediate interests of the investors. At the same time, the administration should implement strictly the internal control system, limit and control the investment behavior, improve the risk warning mechanism and ensure the normal operation and development of the institution.

In conclusion, when building the credit rating system for various asset management agencies, they should make scientific decisions, improve the investor protection system and build a sound market environment, so as to provide more reliable and effective decision-making references for the investors and enable the agencies to have more secure and healthy development.