On the Governance Structure of Investment Fund

As a set investment tool and the combination of trust, contract and corporate institutions, investment fund is a new form of enterprise operating on the basis of organized and contractized trust. The governance structure of investment fund includes: the arranging systems of the rights and obligations of each party to the funds, the checking and balancing mechanism inside the investment funds and the pressures from market competition and supervision mechanism of government . This paper explores the present situation of the governance structure of investment fund and suggests ways to perfect it at the three levels.