QIC Ping An China Corporate Bond Fund

QIC and Chinese asset manager Ping An Asset Management Company (PAAMC) have teamed up to launch the QIC Ping An China Corporate Bond Fund, which invests in the Chinese bond market.

"We are one of the first Australian investment managers to establish this type of investment offering - and are looking forward to offering our investors access to a bond market with historically stronger yields and better diversification benefits than those on offer in many other bond markets around the world," QIC chief executive officer Damian Frawley said.

Deputy Queensland Premier, Jackie Trad also commented on the launch, commending QIC for taking a global lead in financial services.

"The Chinese Bond Market is the second largest in the world, but foreign participation is still relatively low. The QIC Ping An China Corporate Bond Fund aims to close the gap by offering Australian and global investors access to the opportunities on offer in this exciting market, via a strong partnership between two trusted financial institutions," he said.