Ping An Asset Management Co. Ltd (PAAMC) was established in May 2005 in Shanghai and became one of the first asset managers approved by the China Insurance Regulatory Commission. As end of June 2018, we had RMB2.8 trillion in assets under management, recognized as the largest non-state-owned asset manager and one of the most influential institutional investors in China.
Ping An Insurance (Group) Company of China, Ltd. ("Ping An", 2318.HK, 601318.SH) is the parent company and controlling shareholder of PAAMC. The group offers insurance, banking, investment and fin-tech services to over 486 million online customers, together with 179 million individual customers and has become the largest integrated financial services group in China. In 2018,Ping An was ranked 10th in Forbes Global 2000 and 29th in Fortune Global 500.
A pioneer in China’s asset management industry, we primarily engages in mandate insurance funds management for Ping An Group as well as asset management and investment advisory services for third-party institutional customers. For over a decade, we have built expertise in asset allocation as well as cross-market investment management capabilities that cover equities, funds, fixed income, money market, foreign currencies, infrastructure, private equity and etc. We serve a variety of the most sophisticated institutional customers including sovereign wealth funds, national funds, insurers, banks and other financial institutions. Our mission is to offer one-stop asset management services and solutions that help customers better diversify risks and maximize asset value.
Over the years, we have accumulated a wealth of experience as an asset manager and investment adviser to QFII, RQFII and CIBM investors including sovereign funds. Being the only investment advisor for a well-known global sovereign fund in China market, we kept attracting more funds from this client after the initial commitment, thanks to our excellent track record and client services.
In 2015, we became the first Chinese asset manager to be certified by ISAE 3402, one of the most authoritative international assurance standards, in recognition of our world-class asset management capabilities.