Rest of APAC Archives - Page 24 of 32

Eastspring launches another FMP in Taiwan

Eastspring hopes to tap into Asian investors’ strong demand for fixed maturity products.

The popularity of fixed income ETFs is narrowing the gap between onshore and offshore funds in Taiwan, according to Morningstar.

Invesco tripled fixed maturity product assets in one year, followed by four other foreign firms that also had high net sales.

The ongoing Japan-Korea trade dispute has put all actively-managed Korean equity funds underwater this year.

Rick Chen moves from Fidelity to take over as chief executive officer of BNP Paribas Asset Management’s Taiwan business.

Nearly 90% of Japan equity funds are more volatile than the Topix.

The asset class now represents almost half of total assets in Taiwan, according to Morningstar Direct.

In the wealth management partnership with Sumitomo Mitsui, UBS will hold a majority stake.

Six exchange-traded funds have been approved under the Japan-China ETF Connectivity scheme.

Firms interested in joining the scheme will need to apply for an investment quota from China’s State Administration of Foreign Exchange (SAFE).