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Shin Kong Life adds EM debt, sells foreign stocks

Christina Wang
The Taiwanese insurer has welcomed the US rate hike, but is concerned about global uncertainty. It is buying more emerging-market bonds, with the exception of Chinese debt.
Shin Kong Life adds EM debt, sells foreign stocks

Shin Kong Life will continue to rotate its government bond allocation from developed markets into emerging markets in search of higher yields, and is shying away from foreign stocks amid elevated global uncertainty.

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