Allianz Asset Management officially opens in China, with cross-border business and green investment as the main business direction
After obtaining approval for over a month, Allianz Asset Management officially opened in Beijing. It was learned that Allianz Insurance Asset Management Co., Ltd. had officially opened in Beijing on September 10. Allianz Asset Management is China's first wholly foreign-owned insurance asset management company approved for establishment with a registered capital of 100 million yuan.
Mr. Solmaz Altin, General Manager of Allianz (China) Insurance Holdings, said in a video speech: “The opening of Allianz Asset Management is an important milestone in our overall strategic layout in China, and also a critical step to achieve long-term growth goals in the Chinese market ."
Chen Liang, deputy general manager and chief operating officer of Allianz (China) Insurance Holdings and the proposed chairman of Allianz Asset Management, said “Allianz Asset Management will give full play to its differentiated competitive advantages and rely on Allianz Group’s overseas investment and low-carbon field experience. It will provide customized asset management services for third-party institutional clients, with cross-border business and green investment as the main business direction. "
Solmaz Altin said in an exclusive interview with The Paper that the target customers of Allianz Insurance Asset Management are third-party institutional clients and insurance companies with overseas investment needs. This will make full use of Allianz's global investment experience and network, especially its deep understanding of the European capital market system, and help clients obtain investment returns on high-quality overseas assets. (Source: The Paper)
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