Power Pacific is composed of an investment manager, Power Pacific Investment Management ("PPIM"), a Canadian corporation that has registered with securities regulators in Ontario and Quebec in Canada as a portfolio manager and investment fund manager; and Power Pacific Corporation Limited (“PPCL”), a research team based in Shanghai (that is not registered, licensed or otherwise qualified under the laws of any jurisdiction as an asset or portfolio manager). Both PPIM and PPCL are wholly owned subsidiaries of Power Corporation of Canada (“Power”).
Inception in 2005
Power Pacific’s operations in China were established in 2005 to invest on behalf of Power Corporation in China’s public equity markets using a Qualified Foreign Institutional Investor (“QFII”) license. Power Corporation was among the first to achieve a QFII license to invest in China's A share market in 2005:
The first Canadian institution to be granted a QFII license in China.
One of the first non-bank/insurance/brokerage institutions to be granted a QFII license China.
Since its inception in 2004, Power Pacific has successfully grown its public equity investment platform in China with more than US$500 million of assets under management as of 31 December 2019. Power Pacific strives to build a premier investment platform and invests to attract, develop and retain the industry's best talent to achieve superior performance.
Power Corporation is an international management and holding company that focuses on financial services in North America, Europe and Asia. Its core holdings are leading insurance, retirement, wealth management and investment businesses, including a portfolio of alternative asset investment platforms.
For more information about Power Corporation, please refer to the company’s website at www.PowerCorporation.com