Aussie fund manger AMP Capital and China Life joined forces and will set up a fund management company. Analysts say the insurer/fund manager partnership will be fruitful.
Tag : picc
Amac unveils 25 new memberships to include private equity players, insurers and securities firms. Regulations are being eased to allow such houses to start fund management businesses.
This aggressive expansion into fund management may give PICC a head-start over rival mainland insurers China Life and Ping An.
