1. International investment funds refer to the securities of multiple countries in the portfolio. Its international investment funds usually have three forms: national funds, international funds and offshore funds.
(1) National Fund. International investment funds are signatures with countries as specific investment targets. In order to attract foreign exchange funds, a country set up a gold promotion agency overseas, issued gold entities to overseas investors, and then invested its meager funds in gold-related industries such as domestic securities abandonment. For example, in June, 1990, 1 1, the French Agricultural Credit Bank established the "Shanghai Fund" in Hong Kong and Europe.
(2) Overseas funds. Offshore funds refer to contract funds established in countries and places outside the network of international investment funds that do not accept domestic investment. The main basis for distinguishing offshore funds from international investment funds is the place where international investment funds are registered. If they are registered abroad, they are listed as offshore funds. If it is registered in the home country of an international investment fund and invests its funds in overseas securities markets, it is an international fund. The advantage of offshore gold is its low tax, which can attract investment from all over the world.
(3) International funds. International funds are funds that raise funds at home and invest in foreign securities markets. The investment goal of its international investment fund is to promote growth with good returns. The advantages of international investment funds are: first. When the devaluation of the local currency is serious, the international fund is a better means to protect the position. Secondly, individuals can invest in international reform funds with lower risks and costs. They can benefit from the benefits of separation, saving time and trouble.
2. International indirect investment is also called "international securities investment". One of the ways of international business. In the international securities market, it is an investment behavior to obtain interest or dividends by buying stocks issued by foreign enterprises and bonds issued by foreign enterprises or governments. The purpose of international indirect investment is to obtain certain income. There is generally no problem in obtaining the right to operate an enterprise. Even if you invest in equity securities, it does not constitute effective control over the operation of enterprises. Motivation: get regular financial returns; Take advantage of the differences in investment conditions such as unsynchronized economic cycle fluctuations to achieve investment risk diversification in the international scope.
There are three differences between international direct investment and international indirect investment, which are described as follows:
1, the difference between high liquidity and low risk: international indirect investment has nothing to do with the production and operation of enterprises. With the continuous development and improvement of the secondary market, securities can be bought and sold freely, with high liquidity and low risk. International direct investment generally needs to participate in the production of enterprises in a country. The production cycle is long, generally more than 10 years. The profit of an enterprise directly returns the investment. Once the funds are invested in specific projects, it is difficult to recover, with low liquidity and high risks.
2. Different investment channels: international indirect investment can only be invested through stock exchanges. As long as the negotiations between the two sides are successful, international direct investment can be carried out after signing the agreement.
3. The connotation of investment is different: international indirect investment can also be called "international financial investment", which generally only involves funds in the financial field, that is, monetary capital flow. The use of virtual capital. International direct investment is the investment of production factors. It involves not only the movement of monetary capital, but also the movement of production capital and commodity capital and its control over the process of capital use. Use real capital.