The seamless integration of“Investment”and“Insurance”is the insurance investment philosophy that YF Life has always adhered to. With "Invesurance" as our unique investment philosophy, YF Life blends insurance and investment to drive long-term growth of insurance assets. We integrate investment and risk management elements from the initial stages of product design. Giving priority to our commitments to policyholders, we factor in investment, risk, compliance, and regulation to develop customer-centric insurance products underpinned by sound investment principles. Leveraging our unique corporate DNA, we combine MassMutual’s century-long insurance expertise with Barings’ world-class investment prowess. By recruiting top investment managers globally, we have developed asset management models best tailored to our business and insurance policies.
YF Life has established a solid foundation for capital growth leveraging the resources of our major shareholder MassMutual and its asset management subsidiary Barings. YF Life also draw on the local expertise and real-time support from a network of top investment institutions and financial experts spanning across the world’s major economies to achieve superior global allocation and risk management for our policy assets.
Throughout history, Barings’brand was founded in 1762. Today’s Barings was formed in 2016, when four affiliate firms from the MassMutual family came together to create one of the world’s leading asset management and capital solutions providers. Barings is a US$442+ billion* global investment manager sourcing differentiated opportunities and building long-term portfolios across public and private fixed income, real estate, and specialist equity markets.
*As of March 31, 2025
YF Life strives to strengthen its alternative investment capabilities. Through its extensive network of global investment managers and allocators, YF Life engages with top-of-the-class investment managers and continues to increase its investments in alternative funds to enhance potential returns and facilitate diversification.
Barings, a long-standing and close partner of YF Life, manages assets worth over HK$1 trillion* for MassMutual. Thanks to our partnership with Barings, YF Life benefits from significant economies of scale in fixed income investments. By diversifying across a wide spectrum of fixed income assets, YF Life targets returns that outperform market benchmarks while maintaining a well-balanced risk profile. Barings serves a diverse range of clients, including pension funds and sovereign funds. Its outstanding fixed income investment prowess has been widely recognized by the industry, evidenced by numerous awards and accolades.
*Source: Barings. As of December 31, 2024.
Diversifying geographical risk and investing globally
Allocation is made over an extensive range of asset classes to lower overall portfolio correlation
Investing in broad range of industries Investing across a range of industries and across business and economic cycles
Rigorous credit selection
"1" - Leveraging Barings' expertise, YF Life meticulously selects global fixed income assets - ranging from government bonds and corporate bonds to asset-backed securities. Our portfolio stands strong, with 97% of assets rated Investment Grade and an overall average "A" credit rating.
"N" - Since the 2000s, YF Life has actively invested in global alternative funds and forged enduring partnerships with top-of-the-class fund managers. Our stringent fund manager selection process enables us to secure scarce, high-quality alternative assets, zeroing in on top-performing funds within the top quartile.
YF Life has established a top-notch research and investment team for insurance assets, along with a database tracking the return performance of high-potential assets and a platform for return-attribution analysis. Our focus on medium to long term high yields enhances the stability of dividends on insurance policies. By continuously monitoring across cycles, YF Life swiftly spots global investment trends, optimize strategies in real-time, secure cyclical gains ahead of the curve, and capture prime trading opportunities.
YF Life has reshaped the value of insurance with its digital intelligence strategy, using AI, cloud computing and other technologies as the core driving engine, constructing a full chain of intelligent resources, and deeply integrating WeChat ecosystem services. We use data as a link to optimize our services, making insurance smarter and smoother. From demand insight to service closure, YF Life interprets the nature of protection with technology and conveys the power of trust with its digital core.
