Taiwan Archives - Fund Selector Asia

Calastone opens Taiwan office

Calastone estimates that it provides automated cross-border fund processing to over 80% of fund distributors in the Taiwanese market.

All sectors suffered at least double-digit losses in 2022 with only two exceptions.

The bank plans to establish two more wealth management offices in 2023.

Swiss wealth manager also downgrades Indonesian equities.

Total net assets of Taiwan funds dropped to TWD4.70trn ($156.60bn) in the second quarter this year, from TWD5.02trn in the previous quarter.

The bank has partnered with Avaloq in Taiwan.

The asset class posted an organic growth rate of 41% for the year.

The funds are traded on the Hong Kong stock exchange.

Some energy funds delivered the best returns, while turmoil in Brazil and China caused their markets to underperform.

It is partnering with a technology provider.