SHANGHAI, December 14, 2021 / PRNewswire / – Guotai Junan Securities Co., Ltd., one of China’s leading securities firms, hosted an online forum on global asset management last Friday.
The forum, co-hosted by Guotai Junan Innovation Investment Co., Ltd. and HuaAn Funds, attracted industry experts from home and abroad.
Cao Deyun, Executive Vice President and General Secretary of the Insurance Asset Management Association of China, stated that due to the impacts of the changing international economy, the faster aging of the global population and low interest rates, the global insurance asset management industry in recent years years has shown new characteristics of more cautious investments, more investments from abroad and management by third parties and alternative investment have been favored.
Cao added that the industry should take an active approach, focus on product innovation, capacity building, asset management technology, and explore third-party asset management business, to enable industry to develop in a safe, stable and highly efficient manner.
He Qing, chairman of Guotai Junan, believed that the asset management industry, as a key part of the financial system, should play a greater role in industrial chain reconstruction, chain improvement supply, maximizing the expansion of capital and fundamentally serving the real economy. He pointed out that Guotai Junan focused on the objective of supporting the transition and development of the real economy and helping investors to maintain and increase their wealth.
The company will look for opportunities in the construction of Shanghai into an international center for capital management and make more contributions in this regard, according to He.
During the event, the company, together with an investment firm Prudential Financial, unveiled a research report on international experience and that of Shanghai efforts to become an international asset management center. The report highlighted four aspects, including creating a world-class business environment, establishing a modern, highly efficient market, pooling competitive institutions and asset management talent, and building up a highly efficient modern market. ‘improvement of risk control capacity.
SOURCE Guotai Junan Securities Co., Ltd.