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Allianz Global Investors Acquires Stake in Guomin Pension to Enter China’s Private Pension Market
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Allianz Global Investors Acquires Stake in Guomin Pension to Enter China’s Private Pension Market

Allianz Global Investors (AllianzGI), a division of Europe’s largest insurer Allianz, is subscribing to a new share issuance by Guomin Pension, securing a 2% stake in one of China’s leading private pension market players. This strategic move allows AllianzGI to invest in China’s burgeoning private pension sector, marked by a rapidly aging population. AllianzGI is...