Taiwan Lifers Cut FX Protection, Fueling Slump in Hedging Costs
The cost for Taiwanese investors to hedge against a weaker greenback slumped to the lowest since 2016 as local life insurers pared such wagers following an overhaul of accounting rules.
By Tian Chen, Argin Chang · Bloomberg Markets
The cost for Taiwanese investors to hedge against a weaker greenback slumped to the lowest since 2016 as local life insurers pared such wagers following an overhaul of accounting rules.