Ping An to increase infra allocation in light of covid-19

The Shanghai-based asset manager plans to increase its infrastructure allocation over the next 12 months.

Ping An Asset Management plans to increase its allocation to infrastructure over the next twelve months in light of covid-19, a contact at the institution informed Infrastructure Investor. The institution also intends to continue with its plan for committing to first-time funds.

The 3.27 trillion yuan ($459.04 billion; €409.61 billion) Shanghai-based asset manager has an appetite for a range of sectors across Asia-Pacific.

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