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Taiwan Financial Giant Shifts Assets To Boost Asset Mgmt Arm

Chang-Ken Lee, President at Cathay Financial Holdings, says the group’s insurance arm will mandate all its assets to the parent’s asset management subsidiary. The plan to boost the asset manager comes as Taiwan authorities seek to build a wealth hub within the region. Lee discusses exclusively with Yvonne Man on “Bloomberg: The Asia Trade” from the sidelines of the Cathay Asset Management Summit.

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