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Australia's QIC Partners With China's Ping An To Boost Cross-Border Investments

by dealstreetasia.com posted 1year ago 4345 views
Top Australian investment manager QIC, signed a Memorandum of Understanding (MOU) with Ping An Asset Management Company (PAAMC), one of China&rsquo;s largest asset managers, and the deal is set to see&nbsp;colloboration between the two organisations on real estate and infrastructure investments.&nbsp;<br /> <br /> QIC chairman Don Luke said the MOU is seen as a milestone in the relationship between Australian and Chinese investment institutions. This is the first time QIC has entered into an understanding with a Chinese asset management institution.&nbsp;