Wang Junhui: Insurance funds should take the "double carbon strategy" as one of the most core investment strategies

Ouyang Jianhuan Dai Angel China Securities News · China Securities Network

Wang Junhui, chief investment officer of Chinese Life Insurance (Group) Company and president of China Life Assets, said at the Global Wealth Management Forum 2021 Beijing Summit on July 24 that insurance funds should take the "double carbon strategy" as one of the core investment strategies. The promotion of the "double carbon strategy" will be the largest and most far-reaching investment theme of this century, which will profoundly affect the domestic economic growth model, promote major changes in the investment logic of financial markets, and spawn new investment opportunities.

Wang Junhui stressed that the "double carbon strategy" is the investment theme determined in the future. To do a good job in investment, we must find certainty in uncertainty, the current world is facing a major change that has not occurred in a hundred years, the economic and financial environment is extremely complex, and "carbon peak, carbon neutrality" is a rare global consensus, and it is the greatest certainty in the future global economic operation and capital market uncertainty. The "double carbon strategy" will trigger changes in the energy structure of electricity, transportation, energy transmission, and environmental protection technology, and these four major changes will bring huge investment opportunities.

Wang Junhui believes that the attributes of insurance funds are naturally in line with green investment. A country's economic structural transformation and industrial structure change often require the support of a large amount of long-term funds, and can bring long-term stable returns. Compared with other funds in the capital market, insurance funds have the characteristics of long-term investment and value investment, and the attributes of funds are naturally compatible with green investment, and the use of insurance funds can effectively break through the dilemma of insufficient supply of high-quality assets by focusing on green investment. Insurance funds should actively invest in energy conservation and environmental protection, clean energy, and cleaner production, and guide the concentration of production factors in green and low-carbon industries.

In addition, the investment advantages of all varieties of insurance funds can be fully demonstrated in green investment. Wang Junhui said that with the continuous expansion of regulatory policies on the use of insurance funds, under the "double carbon strategy", insurance funds, as a typical fund for long-term value investment, can give full play to the advantages of all kinds of investment and inject greater vitality into the transformation of the medium- and long-term development and growth model of the economy. In the future, under the conditions permitted by regulation, insurance funds can also have more investment opportunities in green derivatives investment and carbon trading emissions.