Huang Ming, Vice President of PICC Asset Management: The long-term assessment mechanism is conducive to insurance capital increasing its equity market layout and better functioning as a stabilizer
Recently, the Ministry of Finance issued the “Notice on Guiding Long-term Steady Investment of Insurance Funds and Adjusting Relevant Indicators for Performance Evaluation of State-owned Commercial Insurance Companies” to implement a three-year long-term assessment of the return on net assets of state-owned commercial insurance companies. In this regard, Huang Ming, member of the Party Committee and Vice President of PICC Asset Management Co., Ltd., said in an interview that establishing a long-term assessment mechanism will help insurance funds expand their equity market layout; it will help deepen the “long-term investment, value investment, and stable investment” of insurance funds. “idea. In the future, the company will actively participate in equity market investments, increase the allocation proportion of high-quality mature companies with relatively stable profit models and abundant cash flows, and give full play to the role of insurance funds as a stabilizer and booster in the capital market.
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2023-10-31 05:44:44
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