CAJ | 학술논문

在资产管理业务活动中，客户与资产管理业者的法律关系应定位为一种信托关系。同时，鉴于客户对资产管理业者有着天然的依赖性以及两者之间存在的信息不对称等特性，资产管理业者极有可能滥用自己的受托人权力而侵害客户利益。为平衡二者的关系，更好地保护客户合法权益，客户与资产管理业者的关系应界定为源于信托关系发展的信义关系，同时，为防止资产管理业者滥用其受信人权力，我国应课以资产管理业者信义义务，该制度已被证明为保护客户利益的利器。资产管理业者信义义务的内容应包括利益冲突防范义务、保密义务、图利禁止义务等忠实义务以及使用和提供信息义务、公平对待客户义务以及亲自执行和最佳执行事务等注意义务。
재자산관리업무활동중，객호여자산관리업자적법률관계응정위위일충신탁관계。동시，감우객호대자산관리업자유착천연적의뢰성이급량자지간존재적신식불대칭등특성，자산관리업자겁유가능람용자기적수탁인권력이침해객호이익。위평형이자적관계，경호지보호객호합법권익，객호여자산관리업자적관계응계정위원우신탁관계발전적신의관계，동시，위방지자산관리업자람용기수신인권력，아국응과이자산관리업자신의의무，해제도이피증명위보호객호이익적이기。자산관리업자신의의무적내용응포괄이익충돌방범의무、보밀의무、도리금지의무등충실의무이급사용화제공신식의무、공평대대객호의무이급친자집행화최가집행사무등주의의무。
In the asset management industry, the relationship between customers and asset managers is trust relationship. Meanwhile, customers will rely on the asset managers more and more, and there exists fiduciary relationship between customer and asset managers, so asset managers are likely to in-fringe customer by abuse of the position of fiduciary. In order to protect the beneficiary or principal, prohibit from abuse of fiduciary positions and maintain the normal fiduciary relationship, it is positive-ly necessary to establish fiduciary duty system to asset managers. The fiduciary duty system should not only include duty of loyalty such as duty of prevention of conflict of interests, confidence and prohibition of profit niches, but also it should include duty of care, such as the duty to supply infor-mation, fair treatment of customers, the duty of self enforcement and best execution.