Fubon Life raising US bond and PE exposure, cautious on EM debt
Taiwan's Fubon Life, with $95 billion in AUM, is putting its faith in North American large-cap credit this year and adding private equity exposure, but will be more selective on EM debt.
Taipei-based insurer Fubon Life is raising its exposure to North American bonds and private equity, but remains cautious on emerging-market debt, even as its regional peers are said to be looking to EM to boost returns. On the equities side, it plans to invest more domestically than offshore in the second half of 2016.
The firm’s main focus for the rest of the year will be on large-cap investment-grade North American corporate credit, into which it plans to invest in-house rather …
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.