Chinese insurers building internal expertise

After the Chinese authorities late last year relaxed restrictions on domestic insurers investing overseas, foreign asset managers have been busier than ever courting them*. The most obvious goal for these fund houses is to win offshore investment mandates, but that is not all mainland life companies are looking for. There is a good deal more for an insurer to consider when buying its first foreign assets than simply choosing the type of instruments or products. For example, they…