交银人寿获评保险稳健投资样本

Core Viewpoint - The article emphasizes the importance of enhancing long-term, stable, and value investment capabilities in the insurance industry, which is essential for supporting the high-quality development of the real economy and fulfilling the responsibilities of financial institutions [1]. Group 1: Investment Philosophy - The company adheres to the philosophy of "absolute return + long-term stable return," focusing on absolute rather than relative returns and prioritizing long-term stability over short-term gains [2]. - In the first half of 2025, the comprehensive yield of its asset management platform reached 6.5%, showcasing strong performance [2]. - The average comprehensive investment yield over the past three years stands at 6.75%, maintaining a leading position among major bank-affiliated life insurance companies [2]. Group 2: Investment Management System - The investment advantages stem from a professional and systematic investment management framework, with a precise allocation in major asset classes [3]. - Fixed income assets serve as a "ballast," ensuring safety and stability, with a focus on long-duration high-quality fixed income assets to enhance profitability during declining interest rate cycles [3]. Group 3: Equity and Alternative Investments - The company employs a value, long-term, and contrarian investment approach in equity investments, aiming for long-term excess returns while maintaining patience during market fluctuations [4]. - In alternative investments, the company prioritizes high-quality infrastructure projects in key national regions and captures opportunities in innovative assets like public REITs, achieving a comprehensive yield of approximately 30% for its public REITs strategy products from January to November 2025 [4]. - Investments in mature operating real estate ABS projects in Shanghai yield 5%, contributing to overall investment returns [4]. Group 4: Future Outlook - The company anticipates a stable economic development environment and an optimized policy landscape, providing strong support for capital markets [5]. - Despite external uncertainties, the company believes that domestic economic momentum is robust, presenting more opportunities than challenges [5]. - The focus will be on leveraging research and investment collaboration to create differentiated competitive advantages while adhering to the core mission of insurance protection and enhancing financial services for the real economy [5].