优化资产配置结构 拓展投资能力边界

Core Viewpoint - The conference highlighted the need for insurance institutions to adapt their asset allocation strategies in a low interest rate environment while maintaining a long-term investment approach to support the high-quality development of the real economy [1][2]. Group 1: Market Environment and Confidence - Insurance institutions are experiencing increased confidence due to positive changes in the capital market, with significant market performance observed this year despite economic slowdown [1][2]. - The macroeconomic landscape is shifting, with advancements in technology, particularly AI, and enhanced reform expectations contributing to a more favorable outlook for the insurance sector [2]. Group 2: Asset Allocation Strategies - The current asset allocation strategy for insurance funds emphasizes a balanced approach between fixed income and equity assets, with a notable increase in equity investments [3][4]. - Insurance funds have raised their equity investment ratio to over 8% in the first half of the year, reflecting a strategic shift towards capturing opportunities in the equity market [3][4]. Group 3: Investment Capability Enhancement - There is a growing need for insurance institutions to improve their asset identification and management capabilities, transitioning from a focus on credit to a deeper understanding of assets [4][5]. - The use of quantitative tools in portfolio management is being emphasized to enhance decision-making and risk management [4]. Group 4: Long-term Investment Practices - The industry consensus is shifting towards value investing and embracing high-quality growth, with a focus on sectors like new energy, technology, and advanced manufacturing [5][6]. - To effectively implement long-term investment strategies, there is a call for improved policies and mechanisms that align long-term investment goals with assessment cycles [6].