Ping An launches $1B fund, hires CEO

Ping An Insurance Co. of China Ltd. (HKSE:2318; Shanghai:601318) launched its Ping An Global Voyager Fund, which it said will invest globally in financial and health technology. The insurer said the initial size of the fund will be $1 billion.

The company hired Jonathan Larsen as chairman and CEO of the new fund, as well as chief innovation officer of Ping An. Larsen was global head of retail banking at Citi...