Pimco has opened an office in Taipei after receiving approval to distribute its offshore-regulated funds to domestic investors.
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Pimco has opened an office in Taipei after receiving approval to distribute its offshore-regulated funds to domestic investors.
In terms of offshore funds, Taiwan investors trimmed fixed income and moved into balanced and money market funds in the first half, according to data from the Securities Investment Trust and Consulting Association (Sitca).
Taiwan is expected to allow local fund managers to set up private equity funds, according to Jeff Chang, chairman of Taiwan’s Securities Investment Trust and Consulting Association (Sitca).
Part of the Mark Allen Group.