China Life mandates reflect allocation trend
New mandates from China’s biggest life insurer, which aim to quadruple its exposure to alternative assets, come as its mainland peers are said to be making similar moves.
China Life’s move this week to increase its exposure to alternative assets and trust products gave a rare public glimpse of how mainland insurers are allocating their capital. It also reflects moves they are making to diversify away from equities, said industry observers.
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