東興證(zheng)券(quan)日(ri)前發布公(gong)(gong)告稱(cheng)，東興基(ji)金管理有(you)限公(gong)(gong)司于近(jin)(jin)日(ri)取得(de)中國證(zheng)監會核發的《經營證(zheng)券(quan)期貨(huo)業務許可證(zheng)》。至此(ci)，東興基(ji)金完成設(she)立(li)。申(shen)(shen)萬宏(hong)源(yuan)集團股份有(you)限公(gong)(gong)司近(jin)(jin)日(ri)也公(gong)(gong)告稱(cheng)，公(gong)(gong)司所屬全(quan)資(zi)子公(gong)(gong)司申(shen)(shen)萬宏(hong)源(yuan)證(zheng)券(quan)擬設(she)立(li)資(zi)管子公(gong)(gong)司、并變更經營范(fan)圍。

　　業(ye)內人士指出(chu)，近期券(quan)商(shang)在資產(chan)管(guan)理業(ye)務上動作(zuo)頻頻，反映了券(quan)商(shang)對公募牌照的渴求，這也是券(quan)商(shang)資管(guan)業(ye)務向主動化轉型的一(yi)個途徑。

　　多家券商申請公募牌照

　　申萬(wan)(wan)宏源(yuan)在公(gong)(gong)告(gao)中指出，申萬(wan)(wan)宏源(yuan)證券(quan)設立資(zi)(zi)產管(guan)(guan)理子(zi)公(gong)(gong)司有(you)(you)利于聚焦(jiao)主動管(guan)(guan)理，提(ti)升市場競爭力，有(you)(you)利于進一步提(ti)高(gao)業(ye)務運作效率，發揮(hui)公(gong)(gong)司資(zi)(zi)管(guan)(guan)業(ye)務的協同優勢，拓(tuo)寬業(ye)務開(kai)展(zhan)的深(shen)度(du)和廣度(du)，提(ti)高(gao)客戶服(fu)務能(neng)力。有(you)(you)券(quan)商(shang)資(zi)(zi)管(guan)(guan)人士告(gao)訴中國證券(quan)報記(ji)者，券(quan)商(shang)資(zi)(zi)管(guan)(guan)單獨成立子(zi)公(gong)(gong)司有(you)(you)可(ke)能(neng)是(shi)在為下一步申請(qing)公(gong)(gong)募牌(pai)照做準備。證監會官網顯示，五礦證券(quan)、國泰君安(an)資(zi)(zi)管(guan)(guan)和華金證券(quan)已經提(ti)交了公(gong)(gong)募基金管(guan)(guan)理業(ye)務資(zi)(zi)格的申請(qing)。

　　公(gong)開(kai)資(zi)(zi)(zi)(zi)(zi)(zi)(zi)料顯示(shi)，目(mu)前已(yi)有18家券商(shang)設立資(zi)(zi)(zi)(zi)(zi)(zi)(zi)管(guan)(guan)(guan)(guan)(guan)(guan)子(zi)(zi)公(gong)司(si)(si)，包(bao)括(kuo)國(guo)泰君安(an)資(zi)(zi)(zi)(zi)(zi)(zi)(zi)管(guan)(guan)(guan)(guan)(guan)(guan)、廣發資(zi)(zi)(zi)(zi)(zi)(zi)(zi)管(guan)(guan)(guan)(guan)(guan)(guan)、華泰資(zi)(zi)(zi)(zi)(zi)(zi)(zi)管(guan)(guan)(guan)(guan)(guan)(guan)、中(zhong)泰資(zi)(zi)(zi)(zi)(zi)(zi)(zi)管(guan)(guan)(guan)(guan)(guan)(guan)、招商(shang)資(zi)(zi)(zi)(zi)(zi)(zi)(zi)管(guan)(guan)(guan)(guan)(guan)(guan)、海通(tong)資(zi)(zi)(zi)(zi)(zi)(zi)(zi)管(guan)(guan)(guan)(guan)(guan)(guan)、財通(tong)資(zi)(zi)(zi)(zi)(zi)(zi)(zi)管(guan)(guan)(guan)(guan)(guan)(guan)、浙商(shang)資(zi)(zi)(zi)(zi)(zi)(zi)(zi)管(guan)(guan)(guan)(guan)(guan)(guan)、長江資(zi)(zi)(zi)(zi)(zi)(zi)(zi)管(guan)(guan)(guan)(guan)(guan)(guan)、銀河金匯、渤海匯金、東(dong)(dong)證(zheng)融匯、光大資(zi)(zi)(zi)(zi)(zi)(zi)(zi)管(guan)(guan)(guan)(guan)(guan)(guan)、興證(zheng)資(zi)(zi)(zi)(zi)(zi)(zi)(zi)管(guan)(guan)(guan)(guan)(guan)(guan)、東(dong)(dong)證(zheng)資(zi)(zi)(zi)(zi)(zi)(zi)(zi)管(guan)(guan)(guan)(guan)(guan)(guan)、安(an)信資(zi)(zi)(zi)(zi)(zi)(zi)(zi)管(guan)(guan)(guan)(guan)(guan)(guan)、天風(feng)資(zi)(zi)(zi)(zi)(zi)(zi)(zi)管(guan)(guan)(guan)(guan)(guan)(guan)以及德邦資(zi)(zi)(zi)(zi)(zi)(zi)(zi)管(guan)(guan)(guan)(guan)(guan)(guan)。其中(zhong)安(an)信資(zi)(zi)(zi)(zi)(zi)(zi)(zi)管(guan)(guan)(guan)(guan)(guan)(guan)、天風(feng)資(zi)(zi)(zi)(zi)(zi)(zi)(zi)管(guan)(guan)(guan)(guan)(guan)(guan)和德邦資(zi)(zi)(zi)(zi)(zi)(zi)(zi)管(guan)(guan)(guan)(guan)(guan)(guan)均(jun)為今年獲批(pi)。同時，上(shang)述18家券商(shang)資(zi)(zi)(zi)(zi)(zi)(zi)(zi)管(guan)(guan)(guan)(guan)(guan)(guan)子(zi)(zi)公(gong)司(si)(si)中(zhong)已(yi)有13家獲得了公(gong)募(mu)牌(pai)照。

　　中(zhong)(zhong)國證券(quan)(quan)報記者了解到，多家此前(qian)曾因為(wei)“一參(can)一控”問題(ti)無法申(shen)(shen)請(qing)(qing)(qing)(qing)公(gong)募(mu)(mu)牌(pai)照(zhao)的券(quan)(quan)商已在討(tao)論(lun)申(shen)(shen)請(qing)(qing)(qing)(qing)公(gong)募(mu)(mu)牌(pai)照(zhao)事宜。“公(gong)司(si)內部(bu)正在討(tao)論(lun)申(shen)(shen)請(qing)(qing)(qing)(qing)公(gong)募(mu)(mu)牌(pai)照(zhao)，目(mu)前(qian)的打算(suan)是先申(shen)(shen)請(qing)(qing)(qing)(qing)設立(li)資管(guan)子公(gong)司(si)，再去申(shen)(shen)請(qing)(qing)(qing)(qing)公(gong)募(mu)(mu)牌(pai)照(zhao)。”華東某中(zhong)(zhong)型(xing)券(quan)(quan)商資產管(guan)理部(bu)負責人(ren)稱。值得關注的是，這些(xie)券(quan)(quan)商如何(he)平衡旗下基金(jin)公(gong)司(si)和未來可能(neng)申(shen)(shen)請(qing)(qing)(qing)(qing)到公(gong)募(mu)(mu)牌(pai)照(zhao)的資產管(guan)理子公(gong)司(si)之(zhi)間的業(ye)務。北方某中(zhong)(zhong)型(xing)券(quan)(quan)商資產管(guan)理部(bu)相關人(ren)士告訴中(zhong)(zhong)國證券(quan)(quan)報記者，作為(wei)資產管(guan)理部(bu)其實比較(jiao)想獲得公(gong)募(mu)(mu)牌(pai)照(zhao)，但是對于公(gong)司(si)整體(ti)而(er)言，未來是否會申(shen)(shen)請(qing)(qing)(qing)(qing)公(gong)募(mu)(mu)牌(pai)照(zhao)，或者申(shen)(shen)請(qing)(qing)(qing)(qing)之(zhi)后如何(he)平衡業(ye)務，還是要(yao)看公(gong)司(si)未來的業(ye)務規劃以(yi)及是否愿(yuan)意將資源(yuan)傾斜到資產管(guan)理業(ye)務上。

　　發力主動管理

　　對(dui)公募(mu)牌照的(de)(de)渴(ke)求(qiu)(qiu)是券商(shang)(shang)(shang)資管(guan)業(ye)務轉型的(de)(de)一個(ge)縮影。自《關(guan)于規(gui)范金(jin)融機構資產(chan)管(guan)理業(ye)務的(de)(de)指(zhi)導(dao)意見》（下稱“資管(guan)新(xin)規(gui)”）發布后，券商(shang)(shang)(shang)資管(guan)去通道、凈值化消除監管(guan)套(tao)利的(de)(de)進程持續(xu)推進，各券商(shang)(shang)(shang)都在探(tan)求(qiu)(qiu)新(xin)的(de)(de)發展方(fang)向，同時行業(ye)規(gui)模下滑的(de)(de)挑戰仍(reng)然(ran)存(cun)在。

　　在(zai)此背景下，發力(li)主動管(guan)理對券(quan)(quan)商(shang)資管(guan)的(de)重要性不言而喻。中國證券(quan)(quan)報記者了解到(dao)，不少券(quan)(quan)商(shang)都(dou)在(zai)借(jie)助招(zhao)聘來提(ti)高主動管(guan)理能力(li)。某(mou)中型(xing)券(quan)(quan)商(shang)資產管(guan)理部負責(ze)人透露說，公司近期(qi)一直(zhi)在(zai)加(jia)大對外(wai)招(zhao)聘的(de)力(li)度，從其他(ta)類型(xing)資產管(guan)理機構招(zhao)了不少投研(yan)能力(li)突出的(de)人才，以期(qi)提(ti)高公司主動管(guan)理的(de)能力(li)。

　　另(ling)一方面，券商(shang)還在通過豐富產品(pin)體系、數(shu)(shu)字化等多種手段來(lai)提高(gao)競爭能(neng)力。東(dong)方證(zheng)券在半(ban)年報中指出(chu)，東(dong)證(zheng)資(zi)管(guan)將(jiang)不斷鞏固和(he)提升主動權益(yi)(yi)類(lei)、固收類(lei)業(ye)務，充分發揮核心業(ye)務優勢，保(bao)持中長(chang)期業(ye)績(ji)領先(xian)；繼續(xu)堅持以客戶利益(yi)(yi)為先(xian)的發展理念，打(da)造專業(ye)服務體系；同時做好核心競爭力的延伸，加快(kuai)在資(zi)產配置類(lei)產品(pin)、指數(shu)(shu)產品(pin)等領域的布局(ju)。

　　華(hua)泰證(zheng)券則指出，公司資(zi)產(chan)管理(li)(li)業務將(jiang)全(quan)面加(jia)強(qiang)風險管控能(neng)力，協同(tong)全(quan)業務鏈資(zi)源，深挖內部客戶需求(qiu)，積極開拓外部客戶，系(xi)統化(hua)構(gou)(gou)建和豐富產(chan)品體系(xi)，不斷提(ti)升主動投資(zi)管理(li)(li)能(neng)力和投資(zi)業績，持續(xu)(xu)鞏固市場地(di)位(wei)和品牌價值(zhi)。充分發(fa)揮資(zi)產(chan)發(fa)現、風險定價與產(chan)品設(she)計的能(neng)力，培育可持續(xu)(xu)、高質量、高附加(jia)值(zhi)的業務模式，不斷優(you)化(hua)業務結構(gou)(gou)，加(jia)快(kuai)數字化(hua)轉型步伐，持續(xu)(xu)增強(qiang)差異化(hua)競爭能(neng)力。