China Life Franklin JV to focus on HK equity
Eventually China Life Franklin Asset Management may manage third-party assets in many asset classes, but the investment teamÆs mission is now to build a track record.
China Life InsuranceÆs new asset-management joint venture with Franklin Templeton in Hong Kong will initially focus on building a track record in Hong Kong equity, but will ultimately broaden to other asset classes, says Yang Guang, senior portfolio manager at Templeton who has been seconded to advise the JV.In anticipation of the China Insurance Regulatory Commission finalising QDII rules for insurance companies, China Life has established the JV, called China Life Franklin Asset Man…
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