MutualFundWire.com: Alliance May Team with Chinese Insurer
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Monday, January 31, 2005

Alliance May Team with Chinese Insurer


Alliance Capital may be partnering with Chinese firm Ping An to provide asset management to the insurer, reported the South China Morning Post.

Lewis Sanders, Alliance's chairman, did not provide details on the deal because regulators have not yet given approval for the deal.

Via a joint-venture, Alliance would serve high-net worth clients as well as the government.


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