China. Equity group to improve pension investment environment
China Jianyin Investment Ltd, or JIC, an investment group focused on equity, will develop pension finance and pension service systems, aiming to improve the environment of the pension investment industry according to the company’s top management.
“With people’s growing reliance on the third pillar of the pension system, individual pension investment will become a crucial process for personal wealth management,” said Zhou Xiangyong, managing director of Guotai Asset Management, a key member of JIC. “As a result, the company will make strategic and long-term plans on the pension investment business.”
As a key component of the individual pension system, public funds will play a more important role in the pension investment market, Zhou said.
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