China Life tipped to double up in new mandates
The nation’s largest life insurer is understood to be readying $8 billion in mandates, including increased overseas exposure. Developed market equities are forecast to be the focus.
China’s largest life insurer is preparing to issue a fresh round of mandates that could top $8 billion as it strives to increase overseas exposure in part to counter domestic volatility, AsianInvestor understands.
China Life, which has $331 billion in assets under management by AsianInvestor rankings, launched its first round of local and global mandates late last year, allocating $4.02 billion in total. Of this sum, $800 million was overseas and $3.22 billion was domestic.
But …
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.