Taiwan Investors Turn to Europe as US Assets Lose Favor

Taiwanese investors are reassessing their long-held preference for US-dollar assets, shifting their bets to Europe in the latest move by global investors away from the greenback.

Taiwanese funds holding European assets have seen an influx of investments recently, pushing their combined value to NT$13.7 billion ($463 million) as of the end of June, the highest since 2019, according to data compiled by Bloomberg.