Date
20 October 2017

CIRC to set investment ratios for insurance funds, paper says

Insurance funds must comply with investment ratios set for various asset classes under revised rules released Monday by the China Insurance Regulatory Commission, the China Securities Journal reported Tuesday, citing the regulator. The ratios will published later and can be changed by the commission. The rules cover classes including fixed income, equities and real estate, and are a bid to make funds more effective. Insurance funds had about 10 percent of their investments in securities funds and stocks as of November, suggesting that there is room for expansion in the asset classes, the report said.

– Contact HKEJ [email protected]

TL/AC/SK

EJI Weekly Newsletter

Please click here to unsubscribe