How Fosun picks managers for its insurance portfolios
The chairwoman of the insurance business outlined the kinds of mandates the group could consider handing to external managers on the sidelines of a media briefing in Hong Kong.
China’s Fosun Group is open to handing out mandates on behalf of its insurance subsidiaries under certain conditions even as its continues to build its in-house investment capabilities, a senior executive from the group has said.
The Shanghai-based conglomerate owns, partly or wholly, six insurers* across China, Hong Kong, Europe and the US, which between them hold Rmb126.38 billion ($18.5 billion) in investable assets as of June 2018.
Kang Lan, chairwoman of Fosun Insurance, to…
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