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Why Taiwan’s insurers have built big bond ETF positions

Taiwan’s insurers have ploughed assets into the fixed-income products despite increasing risk charges and stricter investment rules. Cathay Life has been one of the most aggressive.
Why Taiwan’s insurers have built big bond ETF positions

This article is adapted from a feature on Taiwanese fixed income ETFs that originally appeared in Asianinvestor's Spring 2020 edition in early March, as the coronavirus was beginning to spread across the world.

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