
How CPIC Life seeks to close duration gap
The group CIO of the third-largest insurer in China discusses how the lifer is going to lengthen asset duration and possibly increase overseas exposure.
Liquidity is generally absent when you need it most. And with liquidity risk becoming a bigger issue in bond markets, in particular since the 2008 crisis, institutional investors in the Asia-Pacific region believe lower market liquidity is a secular shift necessitating a new investment approach.