Picture of Cathay Financial Holding logo

2882 — Cathay Financial Holding News Story

0.000.00%
tw flag iconLast trade - 00:00
FinancialsBalancedLarge CapMomentum Trap

Brief: Chair Of Cathay Financial's Fund Unit: Will Take Control Of U.S. Equities Held By Cathay's Insurance Arm

TAIPEI, March 12 (Reuters) - Alan Lee, chairman of Cathay Securities Investment Trust, the fund arm of Taiwan's biggest financial holding firm Cathay Financial 2882.TW, said on Thursday:

WILL ASSUME MANAGEMENT OF U.S. EQUITIES POSITIONS HELD BY CATHAY'S INSURANCE ARM THIS MONTH

CATHAY'S INSURANCE ARM WILL ALSO TRANSITION ITS BOND POSITION TO THE FUND UNIT BY END OF 2027

HAVE ASSUMED MANAGEMENT OF TAIWAN EQUITIES POSITIONS HELD BY THE INSURANCE ARM

CATHAY FINANCIAL IS TAIWAN'S LARGEST FINANCIAL HOLDING FIRM, WITH MORE THAN T$14 TRILLION IN ASSETS

Source text: [ID:]

Further company coverage: 2882.TW

 (Reporting by Roger Tung and Faith Hung)

 ((faith.hung@thomsonreuters.com;))

Recent news on Cathay Financial Holding

See all news