After years of competing in the fintech space, Hong Kong and Singapore have finally signed a fintech cooperation agreement, according to separate statements from the Hong Kong Monetary Authority (HKMA) and Monetary Authority of Singapore (MAS).
Tag: Taiwan
Taiwan’s offshore fund offerings flat
Over the past three years, the number of offshore funds in Taiwan has increased slightly, but foreign participation has declined, according to Sitca data.
Global funds dominate Taiwan’s offshore market
Global equity and fixed income funds, followed by US-focused products, together account for half of Taiwan’s offshore mutual fund industry assets, according to data from the Securities Investment Trust and Consulting Association (Sitca).
Fixed income safety appeals to Taiwan investors
Yuanta SITC boosted its leading position among domestic asset managers in Taiwan in the first half of 2017 thanks to its US Treasury ETF.
No jobs for expats in Taiwan for PB, AM
The job market is unfavourable for non-locals in both private banking and asset management in Taiwan, according to Roy Lee, Taipei-based senior consultant for financial services and asset management at recruitment firm Aquis Search.
Aberdeen buys Value Partners’ Taiwan fund business
Aberdeen Asset Management has expanded its Taiwan business by acquiring full ownership of Value Partners Concord Asset Management.
Taiwan’s L&I ETFs on the rise
Products from Yuanta Securities Investment Trust are the latest leveraged and inverse (L&I) ETFs listed on the Taiwan Stock Exchange, according to records from the bourse.
Taiwan’s Taishin enters ETF arena
The Taiwan Stock Exchange has approved Taishin Securities Investment Trust’s application to launch three ETFs that track MSCI indices, according to a statement from Taiwan’s bourse.
Taiwan’s Cathay SIT scores a hit with new funds of ETFs
Cathay Securities Investment Trust launched three Smart ETF funds of ETFs on 15 March, gathering NT$6.3bn ($209m) by the month end, according to data from Morningstar.
Taiwanese investors pour into mixed assets
In Q1, mixed asset funds were in demand in Taiwan, while pure equity funds had large outflows, according to estimated fund flow data from Morningstar.
