Fubon Life to add Taiwan stocks and real estate
The country's second-largest life insurer plans a higher allocation to domestic equities and real estate assets. It also intends to focus its attention on US debt.
As Asia’s best-performing stock market year-to-date, little surprise that Fubon Life intends to focus its attention on domestic shares on Taiwan's equity market.
The life insurer also plans to make a higher allocation to real estate assets, both onshore and offshore, as well as US debt in the mid-term, Fubon Life's management said during its 2020 financial results teleconference held on Wednesday (March 31).
Fubon Life increased its cash level by 40 basis points to 6% as of the …
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