HONG KONG and SHANGHAI, June 26, 2024 /PRNewswire/ — Ping An Asset Management Co., Ltd. (PAAMC) is ranked 33rd in the world in Top 500 Asset Managers 2024 list from Investment & Pensions Europe (IPE), up three spots from last year. It is ranked number 3 in Asia. PAAMC, established in 2005, is a subsidiary of Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An“, the “Company” or the “Group”, HKEX: 2318 / 82318; SSE: 601318).

This is the fifth consecutive year PAAMC has been on the list, and fourth consecutive year in the top 50. Entrusted with Ping An’s insurance funds, PAAMC provides comprehensive third-party asset management services and one-stop investment management solutions to domestic and overseas customers. As of December 31, 2023, PAAMC’s assets under management (AUM) amounted to RMB5.03 trillion. In 2023, PAAMC became a signatory of the UN-supported Principles for Responsible Investment (PRI) in the Investment Manager category.

Jacqueline Zhang, Deputy General Manager of PAAMC, said: “This ranking not only helps asset owners such as global pension funds to understand Chinese asset management companies and consider asset allocations in the Chinese market, but also opens the door for cross border cooperation between international asset management companies and Chinese companies. As a comprehensive asset management company with both global perspective and local experience, PAAMC will continue to benchmark itself against top international standards, provide professional and high-quality asset management solutions to customers and partners around the world, and contribute to the long-term prosperity and development of China’s capital market.”

There are 52 Chinese asset management companies included in this year’s IPE ranking, with a total AUM of RMB72.4 trillion as of the end of 2023. The increasing number of Chinese companies and AUM show the strong growth of China’s asset management industry.

IPE is a London-headquartered international media company focusing on institutional investors and pension management. It has earned a strong reputation among global institutional investors and pension fund managers. Each year, IPE assesses insurance, asset management, wealth management subsidiaries and fund management companies around the world and issues reports based on research and publicly available market data. Their reports are seen as the benchmark of the global asset management industry.

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ZHONGSHAN, China, June 26, 2024 /PRNewswire/ — In a bid to highlight innovative antenna solutions, Tongyu Communication Inc. (XSHE: 002792) has announced its presence at the 2024 Shanghai World Mobile Communications. This highly anticipated event, taking place from June 26th to 28th, will feature Tongyu’s latest solutions at booth N1-D110.

With a reputation for delivering cutting-edge communication solutions, Tongyu Communication remains at the forefront of technology with its newest Taurus platform. Among the highlights at the exhibition will be the 2L4H multi-frequency antenna and 2L2H+TDD beamforming antenna, both utilizing the Taurus platform. These antennas have been designed to enhance the energy efficiency and operational effectiveness of mobile networks, taking performance to new heights. Designed for 4G and 5G networks, the 2L4H multi-frequency antenna and 2L2H+TDD beamforming antenna offer a hybrid solution that integrates active and passive (A+P) elements, eliminating the need for additional tower space.

In addition to these advanced antenna solutions, Tongyu Communication is proud to showcase the AFU MIMO antenna. This groundbreaking solution delivers unparalleled performance and capacity for advanced wireless communication. The company will also present its green antenna at the exhibition, featuring eco-friendly materials in line with environmental requirements. Attendees can also expect to see the satellite antenna solutions. The ZL60P-E terminal satellite antenna stands out with its foldable design, compact size, and lightweight construction, addressing the portability limitations of traditional satellite antennas.

By showcasing its latest innovations at the Shanghai MWC 2024, Tongyu Communication is reinforcing its commitment to driving advancements in the mobile communications industry. The company is dedicated to developing next-generation, high-efficiency, and high-performance base station antenna products. Additionally, Tongyu Communication has strategically embarked on research and development in the millimeter-wave and 6G antenna fields. With a focus on expanding its presence in overseas markets, the company will continue to invest in global resources to enhance the competitiveness of its products.

About Tongyu Communication

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Tongyu Communication Inc. was founded in 1996, specializing in the research, development, manufacturing, sales, and service of mobile communication antennas, radio frequency devices, and optical modules. With production bases in China, subsidiaries and branches in Europe and several locations around the globe Tongyu Communication has established a robust global presence. The company is committed to providing advanced solutions and driving technological advancements in the mobile communication industry.

For more information, please visit https://www.tongyucom.com

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The search for technology to support model portfolio management and portfolio construction services is increasing as companies look to centralise and scale their model portfolio management and compete in a rapidly growing market.

LONDON, June 26, 2024 /PRNewswire/ — The utilisation of model portfolios among financial advisers has emerged as a transformative force, with staggering growth in model portfolios projected to continue over the next decade. And with good reason, they offer an efficient method for diversification, risk management, and portfolio construction, with personalisation features to match the unique financial goals and risk tolerances of clients.

Financial advisers are also increasingly turning to asset managers for assistance in managing the model portfolios they build and maintain for clients. Jacobi’s model management technology enables asset managers to scale the portfolio construction services they offer financial professionals. The technology enables a platform that can centralise performance and risk analytics, integrate investment workflows, and produce professional reports to share with clients.

An early adopter of Jacobi’s model technology, leading asset manager T. Rowe Price has seen improved process efficiencies and enhanced engagement with clients.

Chris Augelli, Head of Advisor Engagement & Portfolio Construction Solutions at T. Rowe Price, says:

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“Jacobi’s technology has enabled us to work faster and handle the increasing demand for our portfolio construction services. Having the team on one common platform through Jacobi has facilitated collaboration in real-time, which has supported our effectiveness in meeting clients’ needs.”

Tanya Bartolini, Chief Revenue Officer at Jacobi, says:

“Our technology helps us partner with asset managers such as T.Rowe Price to scale and connect workflows, driving enormous efficiencies – and ultimately increasing their market distribution.”

About Jacobi

Jacobi Inc. is a global investment technology provider that streamlines multi-asset investment processes and enables portfolio design, analysis, and client engagement. Its unique “open architecture” platform allows users to tailor the platform by integrating their own code, models, data, analytics, and applications.

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Founded in 2014, Jacobi provides its technology to top-tier investors across the globe, including some of the world’s leading asset and wealth managers, pension funds, asset owners, and investment consultants. 

About T.Rowe Price 

Founded in 1937, T. Rowe Price helps people around the world achieve their long-term investment goals. As a large global asset management company known for investment excellence, retirement leadership, and independent proprietary research, the firm is built on a culture of integrity that puts client interests first. Investors rely on the award-winning firm for its retirement expertise and active management of equity, fixed income, alternatives, and multi-asset investments. T. Rowe Price manages $1.54 trillion in client assets as of May 31, 2024, and it serves millions of clients globally.

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