Daily Bulletin

KPMG China and ASIFMA Release Joint Report on Opportunities for Global Asset Managers in China’s Potentially Massive Pension Market

Pension assets industry in China could grow to an estimated total of RMB 22-28 trillion by 2030, creating new opportunities for all participants, including global asset managers.

HONG KONG SAR - Media OutReach - 29 June 2023 - KPMG China and ASIFMA today launched their joint report "China Pensions Reform: Winning strategies for global asset managers amid evolution in retirement market", which provides perspectives on some of the recent and potential reforms of China's pension fund market, and considerations for global asset management firms in forming a winning strategy in this space.

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