Recently, Investment & Pensions Europe (IPE), an internationally renowned financial media organization, announced the high-profile list of "Top 500 Global Asset Management Institutions in 2024". With assets under management of RMB5.37 trillion (as of the end of 2023), the asset company of Chinese Life Group has once again topped the list in China for three consecutive years, ranking 32nd in the world and 2nd in Asia. This achievement not only consolidates Chinese Life Asset Company's leading position in China's asset management field, but also internationally recognizes the company's excellent management ability and leading role.
Against the backdrop of general challenges and business tightening in the global asset management sector, China's asset management market has shown good resilience and growth potential. The world's top 20 list includes asset management institutions in the United States, France, the United Kingdom, Germany, Switzerland and other countries.
All along, Chinese Life Asset Company has fully and actively integrated into the overall situation of Chinese-style modernization, deeply cultivated the domestic capital market, consolidated business advantages, actively explored in overseas markets, broadened business channels, and contributed to the company's high-quality development.
Ranking first in China's asset management for three consecutive years is a comprehensive embodiment of Chinese Life Asset Company's deep understanding of market changes, accurate grasp of investment opportunities, and continuous improvement of asset management capabilities, which not only demonstrates the competitive strength of China's asset management institutions on the global stage, but also is a direct reflection of China's economic stability and steady operation of the financial market, fully reflecting the fruitful results achieved by Chinese Life Asset Company under the active practice of politics and people's nature and professionalism, and demonstrating the company's corporate spirit of unity and determination.
IPE
IPE is an international professional media agency focusing on institutional investors and pension management, headquartered in London, UK, part of IPE International Publishers Media Group, founded in 1996, and has a good reputation among institutional investors and pension operators worldwide. IPE publishes authoritative lists such as the top 500 global asset managers every year through market public data, and publishes trend development reports, becoming an important vane in the global asset management field.
Chinese Life Asset Company
Chinese Life Asset Management Company is an important professional insurance asset management institution in China's asset management industry, covering major products such as fixed income, equity investment and alternative investment, and is involved in multiple markets at home and abroad. According to relevant data from securities companies in China, Chinese Life Asset Management Company ranks first in terms of revenue and net profit of insurance asset management institutions in 2023. Up to now, the company's consolidated assets under management have exceeded 5.7 trillion yuan, the scale of third-party business has exceeded 790 billion yuan, and the scale of investment in serving the real economy has exceeded 3.3 trillion yuan.
In the next step, Chinese Life will further implement the major decisions and deployments of the Party Central Committee, implement the spirit of the Central Financial Work Conference and the Central Economic Work Conference, unswervingly follow the road of financial development with Chinese characteristics, solidly promote the construction of a financial power, actively serve the overall situation of national economic development and the development of the real economy, and bravely advance towards the grand goal of being world-class.