Taiwan institutions still eyeing US bonds, stocks

Asset owners in Taiwan will continue to invest more overseas this year, particularly in US stocks and bonds when their prices drop, say local fund managers. This is despite the fact that the S&P 500 hit a record high on Friday and US interest rates are expected to rise this year. Taiwanese institutions are likely to allocate more to US debt after the first quarter, when policy under the new Donald Trump administration is expected to be clearer and the renminbi may have stabili…