MassMutual’s HK sale: a bet on a digital future

The US firm now has a front row seat on how Chinese fintech firms use data and robo-advisory to sell to China’s emerging middle class, tricks it can export to the US.

MassMutual’s sale of its Asian arm to a group of Asian investors for $1.7 billion is a bet that it can upgrade its staid life insurance business by working with internet-savvy fintech firms.

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