Why China insurers are hesitant to invest overseas
Inexperience, fear of failure and China’s correlation with growth markets are among the hurdles, finds AsianInvestor's forum. We hear what insurers want from external managers.
Chinese insurers feel hampered from investing overseas by internal incapability, fear of failure politically and limited opportunities in slow-growing developed markets, an AsianInvestor forum heard yesterday.
Larry Wan, chief investment officer of Zhongrong Life Insurance, told our China Investment Forum that domestic peers were very interested in the opportunity but were hesitant at the same time following deregulation to increase the scope of securities they can invest in.
“W…
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