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.

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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