Taiwan managers turn to non-traditional bond strategies
Since 2008 fixed-income investing has moved away from being a long-term strategy, with delegates at AsianInvestor's institutional forum in Taipei pointing to opportunities in short-term credit.
Taiwanese fund managers have shifted out of the conventional fixed-income philosophy of “buy-and-hold” to “buy-and-harvest” in line with a startling increase in bond fund turnover since the global financial crisis.
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