长城人寿董事长白力：平衡险资投资“稳”与“进”

Core Viewpoint - The company emphasizes a stable investment strategy amidst declining market interest rates, focusing on safety and sustainable growth in investment returns while ensuring customer wealth security and appreciation [1][2]. Investment Management System - The company has established a five-dimensional investment management system, which includes mechanisms, decision-making, allocation, team, and licensing, aimed at achieving stable and sustainable investment returns [2][3]. - The investment philosophy is centered around long-term asset-liability management, with a commitment to creating a stable and robust investment portfolio [2]. Team and Expertise - The company has developed a research and investment team with an average experience of over 10 years, with the longest-serving member having 28 years of experience, which is crucial for navigating market volatility [3]. - The team is considered the company's most valuable internal asset, contributing to its comprehensive investment capabilities [3]. Investment Strategy - The company employs a unique "barbell" investment strategy, balancing long-duration bonds and high-grade credit bonds with equity investments and alternative assets to enhance investment flexibility [4][5]. - The strategy aims to secure stable returns while also providing opportunities for higher returns through diversified investments in quality companies and emerging industries [4][5]. Support for the Real Economy - The company actively supports the real economy, having provided over 110 billion yuan in funding through various means, including government bonds and direct investments in infrastructure and energy sectors [6]. - The company aligns its investment strategies with national priorities, ensuring that its financial activities contribute to broader economic development [6].