The island's life insurers are expected to sell more foreign-currency insurance policies and further lift their overseas investments when a government proposal is implemented.
Taiwan wants to lure wealthy investors' capital from Singapore and above all Hong Kong but it ideally needs lower tax rates to do so, says a senior local regulator.
With new rules coming into force soon that will likely curb the Taiwan insurance industry's appetite for bond ETFs, Cathay has pressed ahead before it is affected.
The FSC exclusively told AsianInvestor that it intends to divide the capital structure of local insurers into two tiers. Analysts believe this will make them more prudent investors.
AllianceBernstein, Allianz GI, Eastspring, Franklin Templeton, JP Morgan AM and Schroders again win programme awards in Taiwan. But there are concerns on potential polarisation.
Robo advisers in the country can now conduct automated portfolio rebalancing, as interest grows among local and foreign firms in entering the business.