China Life outlines plans for foreign mandates

Chinese insurance companies' eagerly awaited shift into alternative and overseas markets is well and truly under way.  The country's biggest insurer is to allocate more to offshore private equity funds and raise and diversify its foreign property exposure as part of a drive to build up its overseas and alternative investments. To this end, China Life plans to make more use of alternative managers, though it will be cautious on issuing mandates focused on traditional assets for the…