我国证券投资基金:性质认定与法律模式  

China′s Securities Investment Fund: Determination of the Nature and Legal Model

作　　者：陈士林[1] 刘鸿程[2] 周渝霞[3] 

机构地区：[1]江苏大学文法学院,江苏镇江212013 [2]中国信达资产管理股份有限公司江苏省分公司,江苏南京210008 [3]张家港沙洲职业工学院经济管理系,江苏苏州215600

出　　处：《学术探索》2012年第5期76-80,共5页Academic Exploration

摘　　要：依托信托原理建立起来的证券投资基金,因基金财产所有权与经营权的分离而产生了委托—代理问题。如果得不到有效监督,基金管理人就可能滥用经营权而损害基金持有人利益。在法律性质上,我国宜将证券投资基金界定为独立的组织机构。在法律关系模式的选择上,建议立法取消共同受托的规定,剪断管理人和托管人之间的利益关联,在持有人和管理人、托管人之间分别通过独立的信托契约建立直接的信托关系。Securities investment fund which is established by trust principle, has the request - proxy question because of the fund＇s separation between property ownership and rights of management. Without valid supervision, the fund manager may damage fund holder＇s benefits by abusing rights of management. In the legal nature, we should locate the securities investment fund in the form of investment organization. In the legal relationship pattern, we suggest that the legislation should abolish the ＂Common trustee＂ pattern, cut the connection between manager and fund trustee, and establish direct trust relationship between holder and manager, and between holder and trustee by independent trust contract.

关 键 词：证券投资基金 法律性质 法律关系模式 

分 类 号：F830.91[经济管理—金融学]