TAIPEI, April 20 (Reuters) - Eastspring Investments, a unit of Prudential Financial Inc PRU.N, said at a news briefing in Taipei on Monday:
TO START RAISING ASSETS FOR UPCOMING FUND OF FUNDS PRODUCT IN MAY TO BE LAUNCHED IN TAIWAN
NEW FUND OF FUNDS WILL HAVE ALLOCATIONS OF 30% EACH FOR TAIWAN STOCK ETFS AND GLOBAL STOCK ETFS, AND 35% FOR GLOBAL BOND ETFS
TAIWAN STOCKS WERE SECOND-BEST PERFORMING IN GLOBAL MARKETS AFTER SOUTH KOREA STOCKS .KS11
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(Reporting by Faith Hung)
((faith.hung@thomsonreuters.com;))