Restrictions on overseas investments by Taiwanese insurers has led to the rapid growth of the local bond ETF market.
Category: Rest of APAC
Taiwan’s master agent dilemma
Should offshore fund managers set up their own master agent to distribute products, or use an existing one?
How fund managers get an edge in Taiwan
Some foreign managers have exited Taiwan’s growing fund market, but others have found ways to compete.
UBP secures Taiwan master agent licence
Union Bancaire Privée (UBP) has set up a new asset management unit in Taiwan after gaining a Securities Investment Consulting Enterprises (SICE) business license in late 2018.
In equities, UBP prefers Japan in 2019
US equity valuations have become cheaper, but investors can find more value elsewhere, argues Norman Villamin, Zurich-based chief investment officer for private banking at Union Bancaire Privée.
Fixed income assets nearly double in Taiwan
Taiwan investors poured $2.2bn into renminbi bonds last year and fixed income products accounted for 80% of net inflows, according to data from Morningstar Direct.
Korea outpaces HK in ETF assets
All markets in Asia-Pacific saw growth in AUM for ETFs in the first half of 2018, except Hong Kong and Singapore, according to Cerulli Associates.
Amundi to acquire Mirae’s Taiwan fund business
The acquisition will enable the French firm to develop onshore funds in Taiwan.
Japan equity funds tend to beat benchmarks
More domestic equity funds in Japan outperformed their benchmark indices than foreign equity funds, according to an S&P Dow Jones Indices report.
Invesco, Schroders double assets in Taiwan
But Eastspring and Pinebridge had some of the highest outflows, according to year-to-date figures from Morningstar.
