China
AIA buys 25% stake in Chinese life insurer for $1.86bn
Deal allows the group ‘to capture additional distribution channels and customer segments’
AIA receives regulatory approval to set up Hubei operation
It is an ‘important next step in our geographical expansion strategy in mainland China’
Look to India and China for uncorrelated assets
With a gain of 6.1% – the MSCI India Index was the top performer in May
Goldman Sachs sets up wealth JV with China partner
It will develop a range of products for domestic investors
US bank to hire 400 staff in mainland China and Hong Kong
As it reportedly looks to expand in the region