Ping An Asset Management
Ping An Asset Management is a Shanghai-based, wholly-owned subsidiary of Ping An Insurance Group managing RMB 6.17 trillion (USD 855B) across fixed income, equity, alternatives, and multi-asset strategies, serving the parent group, sovereign wealth funds, pensions, insurers, and banks.
- Company typePrivate
- Founded2005
- HeadquartersShanghai, China
- Headcount251–500
- GTM typeB2B
- OfferingServices
What Ping An Asset Management does
Ping An Asset Management Co., Ltd. (PAAMC) is a Shanghai-headquartered, private Chinese asset manager founded in 2005 and operating as a wholly-controlled subsidiary (98.66%) of Ping An Insurance (Group) Company of China, Ltd. It manages RMB 6.17 trillion (approximately USD 855 billion) in assets as of December 2025, ranking as the largest non-state-owned asset manager in China, #3 in Asia, and #33 globally per the IPE Top 500 2025. The firm runs three product lines: Group Insurance Fund Management (mandates from Ping An Group), Third-party Asset Management (segregated accounts and private funds for external institutional clients), and an International Business providing advisory for overseas institutional investors seeking Chinese exposure. Investment capabilities span fixed income, equity, fund investment, direct investment, cash management, multi-asset, alternatives, and multi-manager solutions.
The firm employs 251-500 staff, including 200+ investment professionals (60% with CPA/CFA/FRM designations, 90%+ with master's degrees or above), and serves sovereign wealth funds, pensions, insurers, banks, and manufacturing enterprises. Its technology stack includes a proprietary Investment Research Platform integrating research, risk, and portfolio management, an Independent Credit Rating System established in 2003 (a first in China), and an AI-driven Eagle Eye System for enterprise disaster prevention deployed across 30,000+ enterprise clients. Revenue is generated through AUM-based management fees and performance fees on institutional mandates, with no public revenue disclosure.
Business model is subscription/institutional mandate-based: management fees on AUM plus performance fees on third-party and international mandates, with a parent group captive client providing a stable but concentrated revenue anchor. The firm joined UNPRI in 2023 (following Ping An Group's 2019 signing) and operates an ESG Investment Decision-making Committee formed in 2020, positioning itself for global sustainability-mandated capital.
Ping An Asset Management firmographics
Firmographics- Name
- Ping An Asset Management
- Legal name
- 平安资产管理有限责任公司
- Website
- https://asset.pingan.com
- Company type
- Private
- Founded year
- 2005
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Ping An Asset Management is a Shanghai-based, wholly-owned subsidiary of Ping An Insurance Group managing RMB 6.17 trillion (USD 855B) across fixed income, equity, alternatives, and multi-asset strategies, serving the parent group, sovereign wealth funds, pensions, insurers, and banks.
- Ownership category
- akta.pro rank
Ping An Asset Management industry classification
Industry- Product category
- Institutional Asset Management
- NAICS
- Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Discretionary Portfolio Management (DPM) (FSAAABAC)
- akta.pro secondary industries
- Insurance General Accounts (Institutional Asset Owners) (FSAAAGAG), Managed Account / SMA Multi-Manager Platforms (FSANAGAL)
Keywords
Where Ping An Asset Management is headquartered
LocationHeadquarters
- HQ city
- Shanghai
- HQ country
- China
- HQ region
- Asia
Offices1 record
Markets served
Ping An Asset Management business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales
Revenue model
- Group Insurance Fund Management: Manages Ping An Group's insurance funds, charging management fees based on AUM. The company manages group insurance funds across various asset classes including bonds, stocks, funds, and alternative investments.
- Third-party Asset Management: Manages assets for external institutional clients including segregated accounts and private funds. Generates management fees and potentially performance fees from diversified product offerings covering cash management, fixed income, equity, and multi-manager strategies.
- International Advisory Services: Provides investment advisory services to overseas institutional investors seeking exposure to Chinese capital markets. Includes account management and investment consulting services for international clients.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Institutional asset management services |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels4 records
Ping An Asset Management product offering
Product offeringCore offering
Ping An Asset Management (PAAMC) is a Chinese institutional asset manager managing insurance funds for Ping An Group and providing third-party asset management and international advisory services. Its core offerings include Group Insurance Fund Management, Third-party Asset Management (segregated accounts and private funds), and International Business for overseas institutional investors seeking exposure to Chinese capital markets. The firm manages RMB 6.17 trillion (USD 855 billion) in assets across fixed income, equity, fund, direct investment, multi-asset, and alternative strategies.
Product overview
Ping An Asset Management (平安资产管理有限责任公司) is a leading comprehensive asset management company in China offering three core product lines: Group Insurance Fund Management, Third-party Asset Management, and International Business. The company provides investment capabilities across fixed income, equity, funds, direct investment, cash management, multi-assets, alternatives, and multi-managers solutions. Services include segregated accounts, private funds, and investment advisory for institutional clients worldwide.
Differentiator
Problem solved
Functional benefit
Products and services
- Group Insurance Fund Management Trust management of Ping An Group's insurance funds, adhering to a stable, long-term, and prudent management philosophy to achieve insurance fund value preservation and appreciation across bonds, equities, funds, and alternative investments.
- Third-party Asset Management
Quantifiable outcome
- RMB 6.17 trillion AUM, Ranked 33rd globally, 3rd in Asia, 2nd in China among asset managers
- +4 more outcomes
Companies that use Ping An Asset Management
Customer profileNamed customers5 records
Segments5 records
Ideal customer profiles4 records
Ping An Asset Management technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Ping An Asset Management partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- ESG Investment Decision-making CommitteecoreIn 2020, PAAMC issued 'Responsible Investment Manual' and established ESG Investment Decision-making Committee to fulfill sustainable commitments across all types of investments, integrating ESG into the investment process.
- United Nations Environment Programme Finance Initiative (UN PRI)corePing An Group became the first asset owner in China to sign up to UNPRI in 2019. Ping An Asset Management joined as an investment manager in 2023. PAAMC has incorporated ESG considerations into investment and portfolio management and aligns its values with its investment partners through the responsible investment framework.
Scale indicators12 records
Recent moves6 records
Expansion highlights5 records
Ping An Asset Management competitors and assessment
Company assessmentDirect peers
- China Life Asset Management: China's largest insurance-affiliated asset manager, managing China Life Insurance Group's general account assets. Direct peer to PAAMC in the insurance-AM segment with similar segregated-account and third-party institutional mandates.
- China Pacific Asset Management (CPIC Investment Management): Insurance-affiliated asset manager within the CPIC group, offering segregated accounts, alternative investments, and third-party institutional mandates. Closely comparable in scale, mandate mix, and channel structure to PAAMC.
- New China Asset Management: Asset manager affiliated with New China Life Insurance. Competes with PAAMC in insurance general account mandates and third-party institutional asset management across China.
- China Taiping Asset Management: Asset management arm of China Taiping Insurance Group. Directly comparable insurance-AM peer offering segregated accounts, fixed income, equity, and alternative investment products.
- Taikang Asset Management: Asset manager tied to Taikang Insurance Group. Competes with PAAMC for insurance general account mandates and institutional third-party asset management business in China.
- China Asset Management (China AMC): One of China's largest fund management companies, competing with PAAMC in equity, fixed income, and multi-manager solutions; both manage RMB trillions of institutional and retail assets.
- E Fund Management: Among China's largest public fund managers, offering comparable segregated account and institutional mandates to PAAMC with strong fixed income and equity capabilities.
- Harvest Fund Management: Established Chinese asset manager competing with PAAMC in institutional segregated accounts, fixed income, and equity products for insurance, pension, and banking clients.
- Bosera Asset Management: Major Chinese institutional asset manager with comparable full-spectrum capabilities across fixed income, equity, alternatives, and segregated accounts targeting insurance and pension clients.
Regional players
- Allianz Investment Management (Asia Pacific): Global insurance-affiliated asset manager with significant Asia-Pacific operations; PAAMC leadership previously worked at Allianz AM APAC, indicating shared reference point for insurance-AM operating models in Asia.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Ping An Asset Management financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ping An Asset Management leadership team
Management profileNumber of profiles
Profiles5 records
Ping An Asset Management funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ping An Asset Management M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Ping An Asset Management
What does Ping An Asset Management do?
Ping An Asset Management (PAAMC) is a Chinese institutional asset manager managing insurance funds for Ping An Group and providing third-party asset management and international advisory services. Its core offerings include Group Insurance Fund Management, Third-party Asset Management (segregated accounts and private funds), and International Business for overseas institutional investors seeking exposure to Chinese capital markets. The firm manages RMB 6.17 trillion (USD 855 billion) in assets across fixed income, equity, fund, direct investment, multi-asset, and alternative strategies.
Is Ping An Asset Management a public or private company?
Ping An Asset Management is a private company. It is classified as corporate owned and is currently operating.
When was Ping An Asset Management founded?
Ping An Asset Management was founded in 2005. It employs 251 to 500 people.
Where is Ping An Asset Management based?
Ping An Asset Management is headquartered in Shanghai, China, in the Asia region.
How does Ping An Asset Management make money?
Three revenue lines are on record. Group Insurance Fund Management is the primary driver. The others are third-party Asset Management and international Advisory Services.
Who are Ping An Asset Management's main competitors?
Direct peers on record are China Life Asset Management, China Pacific Asset Management (CPIC Investment Management), New China Asset Management, China Taiping Asset Management, Taikang Asset Management, China Asset Management (China AMC), E Fund Management, Harvest Fund Management and Bosera Asset Management. Allianz Investment Management (Asia Pacific) is listed as a regional player.
Does Ping An Asset Management have an API?
No public API is recorded for Ping An Asset Management.
What industry is Ping An Asset Management in?
Ping An Asset Management's product category is Institutional Asset Management. Its primary akta.pro industry code is FSAAABAC, Discretionary Portfolio Management (DPM), with a secondary code of FSAAAGAG, Insurance General Accounts (Institutional Asset Owners). Its NAICS code is 523940 and its SIC code is 6282.