Top Taiwan Investor in 2018 Plans to Deepen Bet on Tech Sector
- Corrina Xiao of Allianz may add positions in Taiwan tech
- Her portfolio gained more than 3% in 2018 while the Taiex fell
Corrina Xiao
Source: Allianz Global Investors Taiwan
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The top-performing Taiwanese fund manager for the past year is pushing deeper into technology in 2019 as the island looks set to benefit from trade tensions.
Makers of chips, lenses and other components of smartphones are likely to offer high growth opportunities this year, Corrina Xiao of Allianz Global Investors Taiwan said in an interview. Her biggest investment as of the end of November was Taiwan Semiconductor Manufacturing Co., the exclusive maker of iPhone processors.