Taiwan institutions still eyeing US bonds, stocks
The country’s asset owners aim to increase their foreign exposure this year. In particular they are looking to buy US equity and investment-grade debt on price dips, say fund managers.
Asset owners in Taiwan will continue to invest more overseas this year, particularly in US stocks and bonds when their prices drop, say local fund managers. This is despite the fact that the S&P 500 hit a record high on Friday and US interest rates are expected to rise this year.
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