Guotai Junan Securities Co., Ltd., a leading Chinese securities firm, held an 
online forum on global asset management last Friday.

The forum, co-hosted by Guotai Junan Innovation Investment Co., Ltd. and HuaAn 
Funds, attracted experts of the industry from home and abroad.

Cao Deyun, Executive Vice President and Secretary General of Insurance Asset 
Management Association of China, said due to the impacts of changing 
international economy, faster aging of global population and low interest 
rates, the global insurance asset management industry in recent years has shown 
new features of more prudent investments, more investments from abroad, and the 
third-party management mode and alternative investment have been favored. 

Cao added that the industry should adopt active approach, focus on product 
innovation, capacity building, asset management technology and explore the 
third-party asset management business, in order to make the industry develop in 
a secure, steady and highly effective way.

He Qing, Chairman of Guotai Junan, believed that the asset management industry, 
as a key part of the financial system, should play a larger role in 
reconstructing industrial chain, improving supply chain, maximizing capital 
expansion, and fundamentally serving the real economy. He stressed that Guotai 
Junan has been focusing on the aim to support the transition and development of 
the real economy and help investors maintain and increase their wealth.

The firm will seek opportunities in the building of Shanghai into an 
international center of capital management and make more contributions in this 
respect, according to He. 

During the event, the firm, together with an investment firm Prudential 
Financial, revealed a research report on international experience and 
Shanghai's efforts in building itself into an international center of asset 
management. The report highlighted four aspects, including building a 
world-class business environment, establishing a highly effective modern 
market, pooling competitive institutions and talents of asset management, and 
improving ability of risk control.

Source: Guotai Junan Securities Co., Ltd.