129773903161093750_29Compact ultra-bank insurance distribution in three investment strategies with different
Compact ultra-equipped banks has become the consensus of three giant insurance. In 2011, 7 banks such as bank stocks ranked respectively insurance three top ten holdings, configure scale than ever before. It is interesting, specific investment tactics to 2012, insurance big three divisions show. Judging from current position: China's ping an relatively upbeat, attack carefully and gradually raising interest binChina Turbo still conservative, controlling positions main irritated. Insurance giants in the same investment policy is different from to some extent reflected the difference in road risk capital is thereby prejudging. Betting Bank shares was intended to high dividends on Bank Insurance Fund Unit's favor, has never been so strong at this time. In 2011, the Bank shares accounted for half of the top ten insurance three stocks. In addition to continuingOutside the ICBC, China Construction Bank, agricultural Bank, China late last year and the new into the Bank and Pudong development; the Pacific in the first half of last year, China has been configured on the basis of China Construction Bank and the industrial and commercial bank, agricultural Bank, China Merchants Bank added the Bank; in the top ten holdings of China life then there are the people's livelihood, China Merchants Bank, China Construction Bank, agricultural Bank, ICBC, Shanghai Pudong development. Bet on the banks
tera gold, the insurance giant to higher dividends. Ping an of China Deputy ChiefInvestment Executive Chen Dexian admitted on this newspaper, dividend stable, stable credit rating stable, profitable growth, have some liquidity they stock selection criteria, and bank stocks could satisfy the four criteria. "Banks contribute 800 million of dividends to the us last year. "Although the insurance Giants now hold three of the banks are hyper-distribution, but they are not underweight, contraryContinue to increase configuration. Just a few days ago, China Pacific in commodities trading platforms to allow Citigroup sells shares of Shanghai Pudong Development Bank, transaction amounts to $ 4.2 billion. Why continue to hold bank shares, Chen Dexian's explanation is that "according to our model predicts that may have been considered non-performing assets rise, the liberalization of interest rates and other factors, future Bank's annual profit growth10%, and the dividend rate will be maintained at a 35% level, for the insurance money is, banks are still good investments. "Ping an optimistic Pacific conservative worthy of attention is that hyper-equipped banks has become a consensus, but specific to the investment strategy for 2012, insurance giant presents three different faces. At the end of 2011, China life insurance, ChinaInterest in ping an, China Pacific big three assets (Equity Fund), 12.17%, 10.3%, respectively.
From the level of position is neutral and downwards (up to 25%), and still have the large gallon of space. 2012 capital market view, ping an relatively upbeat, from last year's "cautious wait-and-see" tactic, transitionFor this year's "prudent to strike", and that a change of tactics, from Ping within the perimeter of the year predict is becoming clear. Ping an of China investment, "boss," Chen Dexian, the worst time was over, although there is uncertainty in the stock market this year, compared with last year, nature is different--last year it is macroeconomic policy
tera power leveling, economic growth, credit conditions are not clear,This year are clear of these factors, just solution to these problems requires a process. "W-in stock this year, has been revised up overall. Therefore, as a long-term investor
tera power leveling, we will seriously raise the interest positions this year. "But in China, Pacific, uncertainty in the external environment continues to exist within this year. Pacific General Manager Yu Yeming yesterday's asset management company is out: 2012 the domestic economy is in a slowdown, liquidity has improved, but internal environments such as exports, investment, consumption, external environment such as the European debt crisis, there is a certain amount of uncertainty. "So the Pacific this year will continue last year's strategy to control the rights and assets, generally in a State of Defense. ��
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