Tag: taiwan

After falling since June, ITG's liquidity indicator for the region rose in December, helped by growing trading volumes and a drop in trading costs. Taiwan's civil-servant pension fund unveils the four winners of its latest overseas mandates, worth an aggregate $900 million, and reports investment results for its latest ... Consolidation among asset managers around the world has not touched one market where it is sorely needed. The Dutch asset manager gets the go-ahead for its sustainable private equity fund JV in China and looks set to gain master agent approval for fund distribution in Taiwan. ... French fund house BNP Paribas Investment Partners' new asset-management joint venture with Taiwan Cooperative Bank comes as a surprise to some. The Bureau of Labour Insurance continues to outsource its overseas investments with three new mandates totalling $600 million. Taiwan’s Public Service Pension Fund is to outsource new global and Asia-Pacific equity portfolios, but the manager selection criteria may have an unintentional screening bias ... There is a clear mismatch between the goals of Taiwanese bond-fund investors and their allocation to these assets, according to research by Janus Capital. Taiwan’s GreTai Securities Market appoints JP Morgan as sole clearer for foreign government bonds. The new subsidiary will support the distribution of Natixis Global Asset Management's products and represents a model for future growth in mainland China and Hong Kong. The Bureau of Labour Insurance resets the way it approaches investments in order to resolve its current crisis in funding gaps and cashflow issues. Three $200 million mandates are up for grabs. The portfolios will be benchmarked to the Barclays Capital Global Aggregate index. Malaysia becomes a candidate for potential upgrade in FTSE Group’s Global Equity Index Series, while China A-shares and Taiwan miss out on promotion this year. The Taiwan regulator is tightening enforcements around the marketing activities of unregistered offshore providers on the island. Allianz and Deutsche appear to be scoring more wins in Taiwan. Weary of recent corruption charges, the civil servants’ pension fund is capping the maximum number of accounts that managers can get from the fund. Hong Kong's Securities and Futures Commission and Taiwan's Financial Supervisory Commission sign a deal to facilitate the cross listing of exchange-traded funds. Only 10 fund houses bid in this round of domestic mandates worth a total of NT$24 billion. Six were picked. Public sector funds are taking advantage of market adjustments to ramp up allocation to global strategies. The countries agree to build a RMB-NTD clearing system, while specific MOUs for securities investments, banking and insurance will be discussed in Taipei later this year.