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China Life tops returns list

China Life Insurance and the Singapore Exchange have given shareholders the best stable returns in the financial services sector over the past five years, with Royal Bank of Canada and Banco Santander top among banks, according to consultants Oliver Wyman.

Blackrock topped returns for asset managers, Zurich Financial was best among global insurers and Goldman Sachs led in the category of major capital markets player.

To compile the rankings Oliver Wyman computed monthly shareholder net return, adjusted for mergers, for the 400 largest financial services companies in the world between January 2005 and December 2009.

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