Cathay Life eyes IT, consumer, healthcare
Joseph Wang, chief investment officer of Taiwan's biggest insurer, outlines the firm's market outlook and where he sees opportunities in bonds, stocks and alternatives.
Cathay Life, Taiwan's biggest life insurer, had NT$4.89 trillion ($156 billion) under management as of September 2016.
Under Joseph Wang, chief investment officer and senior executive vice president, Cathay Life had 82% of its assets under management in fixed income, real estate, mortgages and policy loans as of September 30. Foreign investment comprise a big portion of this, with 52.5% of its total portfolio in foreign bonds (up from 49% a year ago).
Cathay Life, which won Asia…
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