Ping An Investments Aligned With China’s Green Transition Policy, CIO Says
Insurer sets 20% annual growth targets for its green investments.
BC-GUMPS’ first fund will hold a concentrated portfolio of credit default swap positions.
About $570 million to be returned to investors.
Returns of 4.4% and 3.2%, respectively, for the Tarheels and Wolfpack are among the best in the U.S. for the year ended June 30.
CIO credits renewable fuel and sustainable energy investments for outperforming the average by 870 basis points.