A-share market will usher in the climax of the enterprise annuity market.

<P> Yesterday, from easy side of the investment management group of a state-owned enterprise annuity first official visit A-share market. .According to another report, the South Fund has signed two enterprise annuity will enter the market before the end of 6, which means that China's A share market have ushered in a long-term stable capital supply troops. .</ P> <P> It is understood that in March of this year, E Fund with a well-known state-owned Guangdong Group signed the first one corporate pension fund industry, investment management contract, the relevant departments to start preparing annuity market specific issues. .However, in the How to open a securities account, bank deposit accounts, rental of seats, so there are no precedents for the liquidation of funds can refer to, trustees and managers of Commercial Bank of China account for easy staff Fonda consuming a lot of thought, so far .all transaction procedures no problem, easy Fonda was the first one under. .</ P> <P> reporter learned from easy side of the company, the first single annuity invested in several major areas: 15% of the equity investment, 13% of the closed-end funds. .In addition, bonds, convertible bonds, money market funds also have investments. .E Fund Manager of the Guangzhou branch of the annuity Huang Chongguang, said in an interview, E Fund's investment strategy is to focus on long-term stable growth companies that will take a prudent investment strategy to bring an appropriate return on investment. .</ P> <P> It is easy to square up to the sources, easy to square up to the two companies have been signing was also being relevant procedures, will soon invest. .In addition, there are two companies also are talking about, the basic agreement will be reached. .That several companies are state-owned enterprises, concentrated in the areas of mining, oil and processing industries. .</ P> <P> It is reported that the size of the stock of enterprise annuity nearly 1,000 billion yuan, an annual increase of capital will be 800 billion to 1000 billion yuan. .By 2010, the enterprise annuity market should be more than 500 billion yuan in 10 years will reach 1 trillion yuan. .Under the "Trial Measures for Enterprise Annuity Fund Management," provides that "the proportion of stock investment is not higher than 20% of the net assets of the Fund." .So in the short term annuity will be through direct and indirect ways about a year supply of stock market capitalization over 200 billion. .Insiders pointed out that although this figure higher than the current market more than 1 billion of market value in terms of looks a little small, but because of corporate annuity has the most long-term stability of the stock market the properties of incremental funding, the continued accumulation of sediment down into the market and .force would be staggering. .</ P> <P> the market that will significantly increase the enterprise annuity market demand for variety of securities, thereby activating the market, effectively breaking the current Ruoshi balance. .In addition, the enterprise annuity market will stock market investment philosophy in particular, to influence the stock market. .As an important pillar of pension annuity is related to quality of life for employees after retirement, so this part of the funds in the actual operation of the process and the general investment philosophy of the mutual funds also have distinct differences. .With the constant expansion of enterprise annuity, investment annuity operation's pursuit of "high level of security appropriate return on" investment philosophy is bound to a deep sense of the securities market. .</ P> <P> mature market, according to overseas experience, the future of enterprise annuity fund industry will account for 30% of funding sources between -40%. .(Nathalie) </ P>.