Ping An’s Launch of UCITS Umbrella Fund


Dechert has advised Ping An of China Asset Management (Hong Kong) Co., Ltd on the deal.

Ping An of China Asset Management (Hong Kong) Co., Ltd (“PAAMC HK”), the offshore investment platform for Ping An Insurance (Group) Company of China, Ltd (“Ping An”), completed the launch of its first Undertakings for Collective Investment in Transferable Securities (UCITS) umbrella fund.

The UCITS umbrella fund consists of five key Sub-Funds – China A-Shares AI Multi-Factor Fund, All China AI Multi-Factor Fund, China Green Bond Fund, China High-Yield Private Strategy Bond Fund and the Emerging Market Income Fund.

Ping An Insurance (Group) Company of China, Ltd. (“Ping An”) is a world-leading technology-powered retail financial services group. With over 210 million retail customers and 560 million Internet users, Ping An is one of the largest financial services companies in the world.

The Dechert team advising PAAMC HK was led by Hong Kong-based Partner Michael Wong, with support from Luxembourg-based Partner Marc Seimetz and Hong Kong-based senior associate Stanley Tiu.

Involved fees earner: Marc Seimetz – Dechert; Stanley Tiu – Dechert; Michael Wong – Dechert;

Law Firms: Dechert;

Clients: Ping An of China Asset Management (Hong Kong) Co., Ltd;

Author: Michael Patrini