Ping An AM partners QIC in search of more alternatives
The Chinese asset manager is looking to feed demand from its parent insurance firm for foreign private assets, and Australia is attracting more interest amid uncertainty over the UK and US.
The asset management arm of China’s second biggest insurer Ping An has partnered Queensland Investment Corporation, with a view to feeding mainland investors' growing appetite for foreign alternative assets. In turn, Brisbane-based QIC is eyeing China’s bond market.
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