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Ping An doubles foreign exposure, eyes 10% allocation

Toby Yiu
China’s second biggest insurer by AUM is aggressively building its overseas portfolio and is set to pour as much as another $16 billion into offshore investments in the next few years.
Ping An doubles foreign exposure, eyes 10% allocation

China’s Ping An Insurance doubled its foreign asset allocation to 4.2% in the first half of this year and aims to further raise it to as much as 10% of its current Rmb1.83 trillion ($276 billion) in assets under management in the next three to five years. 

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