Ping An plots overseas portfolio revamp

Ping An Insurance's overseas division is likely to shift its investment plans, lower a dominant private assets investment approach at the same time as it ramps up its overall size, according to co-chief investment officer Hoi Tung. At present, more than 60% of Ping An Insurance Overseas’ Holdings AUM is invested in global private equity, infrastructure, real estate and private credit – the four core assets that it classes as alternatives. Equity and bond investments are mainly sec…