About Us - PING AN OF CHINA ASSET MANAGEMENT

Our Group

Ping An Insurance (Group) Company of China, Ltd. ("Ping An" or the "Company" or the "Group") was established in 1988 in Shekou, Shenzhen. The Group is the first insurance company in China to adopt a shareholding structure. Today, it has developed into a personal financial services group with three core businesses of insurance, banking and investment, enjoying parallel growth of its core and internet finance businesses. The Group's shares are listed on the Hong Kong Stock Exchange (stock code: 2318) and on the Shanghai Stock Exchange (stock code: 601318).
 

Ping An strives to become a world-leading personal financial services provider by following the concept of "Driven By Technology, Finance Can Serve Life Better" to concurrently promote the development of its core finance business and internet finance business. For the core financial businesses, Ping An actively promotes its "One Customer, One Account, Multiple Products, and One-Stop Service" model As for its internet finance business, the Group weaves financial services into the very fabric of everyday life, spanning areas such as health, food, housing, transportation and entertainment, and gradually realizes synergies with its core financial businesses.

 

Ping An is a personal financial services group in China with the most comprehensive range of financial service licenses, the widest range of business offerings and the closest ties to its controlling shareholders. The subsidiaries of Ping An include Ping An Life, Ping An Property & Casualty, Ping An Annuity, Ping An Health, Ping An Bank, Ping An Securities, Ping An Trust and Ping An-UOB Fund, covering the entire financial services spectrum. The Group has become one of the few financial groups providing customers with a full range of financial products and services including insurance, banking and investment. In addition, for the internet finance business, the Group has developed new businesses that include Lufax, Wanlitong Loyalty Points Program, auto market, housing market, e-Payment and mobile social finance portal, forming a preliminary internet financial strategic system consisting of "One Gate, Two Focuses, Three Platforms, Four Markets". Its internet finance business is growing rapidly, with the total number of users reaching 167 million as at the end of June, 2015. While it has achieved significant growth in its internet finance business, Ping An believes in further growth opportunities for its core financial businesses.

 

Ping An has about 798,000 life insurance sales agents and 246,000 full-time employees. As at June 30, 2015, the Group's consolidated total assets and equity attributable to shareholders of the parent company reached RMB4.63 trillion and RMB331.190 billion, respectively. Both Ping An Life and Ping An Property & Casualty rank as the second largest insurance companies in China by premium income in their respective sectors.

 

Ping An was ranked No.32 in Forbes' Global 2000 league table in 2015, No.96 in U.S. Fortune Magazine's Global 500 Leading Companies ranking, and No.1 among China's non-State owned enterprises. On top of these accolades, Ping An was ranked No.68 among WPP Millward Brown's BrandZ Top 100 Most Valuable Global Brands and ranked the 6th "Best Chinese Brand" by Interbrand, the largest brand consultancy in the world, remaining the top insurance brand in China.

 

As a professionally-managed and world-class organization, Ping An has a comprehensive governance structure and is the first Chinese insurer to have foreign shareholders. Guided by its mission and philosophy to fulfill its responsibility to the shareholders, customers, employees, society and partners, Ping An has been able to ensure that the Group as a whole is moving towards its goal, underpinned by a foundation that unites strategy, branding and corporate culture. Ping An's sustainable and stable development is supported by its robust business functions, clear growth strategy, its pioneering and comprehensive risk management system, a disclosure mechanism marked by truthfulness, accuracy, completeness, timeliness and fairness, and an active and effective investor relations function.

 

By following its philosophy of "Expertise creates value", Ping An actively fulfills its commitment to the corporate social responsibility, pursuing win-win cooperation and progressing in step with all stakeholders. The Group continues to step up its efforts in major disaster relief, the environment, education, the Red Cross, communities and other worthy causes. Ping An has received numerous awards and accolades in recognition of its charitable work, including "The Most Respected Companies of China Awards" for 14 consecutive years, "Best Chinese Corporate Citizen" for nine consecutive years, and a top ranking in social responsibility reports by listed companies for five consecutive years.

Ping An of China Asset Management (Hong Kong) Co. Ltd.

Ping An of China Asset Management (Hong Kong) Co. Ltd. ("PAAMC HK") was established in May 2006 which is a leading Chinese asset management company based in Hong Kong. It is a wholly-owned subsidiary of the Ping An Group (2318.HK), and is the major entity responsible for its overseas investment management business.

PAAMC HK is licensed by the Securities and Futures Commission (SFC) in Hong Kong to manage assets and give investment advice on securities, holding Type 9 and Type 4 licenses respectively.

PAAMC HK accepts investment mandates from a diverse group of private and institutional clients, including other subsidiaries of the Ping An Group as well as external clients. It also manages exchange traded funds (ETFs) listed on the Hong Kong Stock Exchange and unit trusts for the retail market. In addition, it provides Qualified Domestic Institutional Investor (QDII) and Qualified Foreign Institutional Investor (QFII)/Renminbi Qualified Foreign Institutional Investor (RQFII) advisory services to institutions. 


China/Hong Kong Investment Specialist

Leveraging on its strong China investment expertise, our investment managers in Hong Kong are committed to providing a variety of China/Hong Kong- and RMB-related investment solutions to institutional investors and fund distributors across the globe.

Our Hong Kong investment team covers Macro & Asset Allocation, Equity Portfolio Management, Fixed Income & Money Market Portfolio Management, Quant Portfolio and ETF Management, as well as Funds of Fund Management & External Advisory.

 

 

Investment Philosophy

It is our belief that market inefficiencies provide opportunities for active investment management to produce significant alpha in China/Hong Kong markets, and the unique structure of the China/Hong Kong markets makes local and global macro-analysis a crucial driver of returns.

  • Quantitative analysis provides a disciplined approach to investment and allows continuous analysis of a wide data set.
  • In-depth stock analysis can identify alpha opportunities especially in mid and small cap stocks.
  • Macro views are often best expressed at the stock level.
  • Strong teamwork means research resources can be effectively leveraged to generate potential positive returns.

Investment Solutions

In Hong Kong, PAAMCHK brings a variety of investment solutions to our clients to meet their needs:

ETFs
Defensive: (3070) Ping An of China CSI HK Dividend ETF – a ETF designed to track 30 high divdend yield stocks listed in Hong Kong.

Unit Trusts

Ping An of China SIF - RMB Bond Fund – aims for total returns by investing principally in offshore RMB-denominated debt securities.

Segregated Mandates
To provide tailor-made segregated mandates to institutional and private clients using our China/Hong Kong investment expertise.

QDII and QFII/RQFII Advisory
To provide QDII and QFII/RQFII advisory services to institutions based on concrete onshore and offshore investment track records.


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