On October 7, at the Shanghai Stock Exchange International Investors Conference, foreign institutions such as sovereign wealth funds, pension funds, commercial banks, asset management companies, and hedge funds from more than 20 overseas markets including the United States, Europe, Asia-Pacific, the Middle East, and South America expressed their opinions. , Chinas asset management industry contains huge development opportunities. Shen Liang, general manager of Allianz Funds, also said that it is a good time to allocate Chinese assets.
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According to a report by Morgan Stanley Research, it is expected that by 2030, China's household financial assets will grow to 419 trillion yuan, with an average annual compound growth rate of 7.7% from 2023 to 2030. The management scale of China's public funds and bank wealth management products will reach 56 trillion yuan and 45 trillion yuan respectively, with average annual compound growth rates of 10.9% and 8%.
Zhou Wenjian, chief investment officer of Morgan Stanley Fund Management (China) Co., Ltd., said that Chinas asset management industry is huge and has unlimited potential.
Zhou Wenqian believes that whether from the perspective of global allocation or risk diversification, the investable targets in China's capital market are extremely diverse. This not only provides a unique source of investment returns for international funds but also achieves diversified assets for overseas investors. Configuration provides more options.
Shen Liang, general manager of the global financial and insurance giant Allianz Group, accepted an exclusive interview with reporters. The most fundamental reason why Allianz Fund chose to deploy in China is that it is full of confidence in China's future economic prospects. Shen Liang believes that China still has broad room for policy adjustments, and the Chinese economy is expected to continue to develop steadily. Now is a good time to invest in China. He hopes to bring pension investment into China as an advantageous capability and recommends focusing on domestic demand and new productivity.
According to Florian Neto, managing director of Orient Asset Management and head of investment in Asia, judging from future income forecasts, Chinese assets are still growing and it is a very good time to allocate assets.
Di Lan, executive director, and chief executive officer of Temasek Holdings, suggested that to enhance the basic stability of the capital market, more Chinese domestic long-term capital can be systematically introduced into the market.
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