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AIA Philam Life eyes illiquid assets beyond property

Bee Lin Ang
The Philippine insurer has also raised its cash holdings amid fears of a lingering impact from Covid on the local economy and stock market, says chief investment officer Arleen Guevara.
AIA Philam Life eyes illiquid assets beyond property

Hong Kong-based insurer AIA's Philippine unit has increased its cash holdings this year and may start buying alternative assets other than real estate, said its investment head, flagging concerns about Covid-19’s impact on the domestic economy and stock market.

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