News Formal

Arm of German insurer Allianz to invest in China’s mega pension company with 2% stake

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 9 sec. here
  • 49 min. at publisher
  • 📊 Quality Score:
  • News: 171%
  • Publisher: 92%

Canadian News Nyheter

Canada News,Breaking News Video,Canadian Breaking News

Allianz’s purchase comes two months after it won final approval to launch a 100%-owned fund unit in China catering to onshore retail and institutional investors, and potentially pensioners

Allianz Global Investors , one of the investment arms of German insurer Allianz, has become the first foreign company to own a stake in China’s pension insurance giant Guomin Pension.

Guomin Pension, jointly launched by China’s largest banks and insurers, was established in 2022 to promote the development of the country’s private pension market.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 5. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Exclusive-Arm aims to capture 50% of PC market in five years, CEO saysArm Holdings aims to gain more than 50% of the Windows PC market in five years, the chip designer's CEO said, as Microsoft and its hardware partners prepare ...
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »

Exclusive-Arm aims to capture 50% of PC market in five years, CEO saysExplore stories from Atlantic Canada.
Källa: SaltWire Network - 🏆 45. / 63 Läs mer »