Pension funds await Taiwan’s first ESG ETF

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The $72 billion government-linked fund manager is gaining momentum as an international investor with the appointment of its new head and a growing focus on overseas mandates.

The local regulator is introducing new rules to discourage wealth managers from constantly shifting investor assets into new funds. But some believe the practice will continue.

The country's elimination of limits on qualified foreign institutional investor and RQFII investments is welcome and could help encourage better governance and transparency.