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Ping An to add managers, boost foreign, property assets

Toby Yiu
China's Ping An Insurance plans to add managers and boost exposure to foreign and property assets and preferred shares. It expects to have an extra Rmb250 billion to invest this year.
Ping An to add managers, boost foreign, property assets

China’s Ping An Insurance plans to add external managers for equity and bond investments and boost its allocation to asset classes such as overseas allocation, preferred shares and warehouse property this year. Chief investment officer Timothy Chan expects to have an additional Rmb250 billion ($38.3 billion) to invest this year.

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