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保德信资管获准正式开业,外资独资保险资管再落一子

Core Viewpoint - The establishment of Prudential Asset Management Company marks a significant step in the deepening of foreign investment in China's financial sector, reflecting long-term confidence from foreign institutions in the Chinese market [1][2]. Group 1: Company Overview - Prudential Asset Management Company is the first wholly foreign-owned insurance asset management company in China, approved by the National Financial Regulatory Administration [1]. - The company is registered in Beijing with a registered capital of 20 million USD, initiated by Prudential Financial Group's wholly-owned subsidiary, Prudential Insurance Company of America [1]. - Prudential Financial Group has over 150 years of history and operates in more than 50 countries, providing services such as life insurance, annuities, mutual funds, investment management, and retirement planning [1]. Group 2: Business Focus and Strategy - Prudential Asset Management will focus on expanding asset management and investment consulting services, aiming to establish a long-term advantage in absolute return strategies [2]. - The company plans to enhance its asset allocation capabilities across all asset classes and pursue sustainable excess returns [2]. - It will leverage Prudential Group's global resources and research teams to offer cross-border investment services to Chinese investors and assist international investors in participating in the Chinese capital market [2]. Group 3: Market Context - Prudential Asset Management is the second wholly foreign-owned insurance asset management company in China, following Allianz Insurance Asset Management [2]. - The total number of domestic insurance asset management companies has now increased to 35 with the opening of Prudential Asset Management [2]. - The pace of foreign institutions entering the Chinese insurance asset management market has accelerated, with recent approvals for other foreign companies such as Aegon and AIA [2].