Institutional investors like Cathay Life Insurance find offshore bonds increasingly attractive, while foreign buyers flee Asian equity markets.
Winning an Institutional Excellence Award for HK/Taiwan, Cathay Life received praise from our judges for being global in its thinking and ambition and for embracing regulatory change.
Daniel Teng, executive vice-president, Cathay Life Insurance.
The Taiwan insurer talks about plans for its new QFII licence as it attempts to wean itself off US and European assets. Separately, Lyxor uses its QFII quota to launch an A-Share fund.