At COP30 and the World Climate Summit & Investment COP, the Taiwanese company showcased its vision for an inclusive energy transition, while advancing nature-based solutions.
China Investment Corporation is merging a unit overseeing billions of dollars in private equity and infrastructure investments into its main operations; Australian superannuation plan targeting women has shut down after three years; Taiwan's Cathay Life commits to PE fund vehicle; Chinese state-backed firms take over Sino-Korea Life; and more.
Taiwan's biggest investment manager intends to enter the smart-beta arena and widen its range of overseas strategies, amid rising local demand for offshore exposure.
Cathay SITE is ramping up its global strategic efforts with a global equity dividend fund and a Ucits greater China equity fund. Its parent company is eyeing more acquisitions too.
No sooner had Taiwanese fund houses figured out how to survive foreign competition, along come mainland Chinese rivals. The local fund houses are exploring how to stay competitive.
Cathay SITC will launch its first exchange-traded fund in Taiwan this April tracking the FTSE China A50 index in the belief that passive products are the island's new growth driver.
Taiwanese asset managers Cathay and Fuh Hwa will invest the quotas on behalf of their active equity funds, with the former planning a third China-themed product.