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Cathay Life lifts overseas exposure, bumps up yield

The Taiwanese life insurer raised its exposure to global bonds and equities, while maintaining low forex hedging costs -- a strategy that yielded higher portfolio returns from a year ago.
Cathay Life lifts overseas exposure, bumps up yield

Higher overseas allocations combined with stable currency hedging costs helped lift the return on Cathay Life Insurance's investment portfolio, its half-year results showed on Thursday.

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