By Chen Cheng-hui / Staff reporterForeign institutional investors last year sold a net NT$1.23 trillion （US$40.07 billion） of local shares, the highest amount on record, after selling a net NT$23.82 billion in the final week of the year, the Taiwan Stock Exchange said in a statement yesterday.
Wealthy Chinese are exploring bigger investments in private assets as they seek shelter from wild swings in public markets, while managers look for revenue streams as institutional investors' interest dwindles; Singapore's GIC and Temasek make new investment forays into India; and more.