Insurers are having to take more risk despite forthcoming tighter rules around the assets they can hold. Regulatory inflexibility is not helping product innovation, says BlackRock's David Lomas.
The proposal comes as the State Council concludes its test run of private-equity funds and issues four more licenses to firms with onshore investments.
Merrill Lynch has raised its annual infrastructure spending forecast for emerging markets by 80% on the back of increased government spending, especially in China, the Middle East and Russia.
Head of investment strategy at AMP Capital Investors, Shane Oliver, says although managing inflation and interest rates is a challenge, they wonÆt have a great long-term impact on the regionÆs equity markets.