Ping An plans $50b offshore investing in growth push

May 30, 2019

The overseas investment arm of China's second-largest life insurer aims to rapidly expand international investing and its third-party business, the group's co-CIO told AsianInvestor.

Ping An plans $50b offshore investing in growth push

Ping An Insurance Group aims to increase international investments via its Hong Kong-based overseas investment platform from under $20 billion to at least $50 billion, as part of a larger ambition to expand its offshore fund business to over $100 billion in assets under management (AUM), according to Hoi Tung, co-chief investment officer of the insurer.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to AsianInvestor

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

If you are a senior professional at a large institutional asset owner, such as a sovereign wealth fund or pension fund, please contact [email protected] for further assistance.

Questions?

See here for more information on licences and prices, or contact [email protected]