More than Rmb1 trillion of special-purpose bonds could hit the onshore market by October-end and offer a premium over the Chinese risk-free rate. But buyers beware.
Domestic asset managers have high hopes as the third pillar of China’s pension system is opened up to them. Educational challenges lie ahead though.
The private bank is bringing in a bond market veteran as chief investment officer, with the current incumbent set to take on another role.
Insurance companies in China are struggling to find long-term assets to match their liabilities. A senior official at a self-regulatory body has proposed some potential solutions.
The $18 billion National Development Fund is eyeing innovative start-ups, but it is more focused on supporting the firms than ensuring returns or practicing responsible investing.
Backed by its parent insurer, Ping An AM will continue investing into infrastructure debt. But analyst says the supply of such non-standard debt is becoming more limited.