Taiwan's biggest fund house is moving to build its business across Asia with the help of partner firms or staff expansion in markets including Hong Kong, Indonesia, Korea and Japan.
The region's exchange traded funds and products enjoyed record-breaking net new asset growth in the first six months of 2016, due to strong performance in emerging Asian markets.
CSOP has listed only the second oil ETF in Hong Kong after Samsung AM. It is targeting Chinese clients amid strong flows into oil funds on the mainland, as well as elsewhere in the region.
The Taiwanese fund house intends to enter the alternatives space amid expected regulatory changes, and is readying more passive products, which now account for most of its AUM.
Taiwan fund houses Yuanta and Fubon are ready to launch inverse and leveraged ETFs tracking Japan and the US equity indexes, in a bid to capture growth of the island’s ETF market.
Taiwan fund house Yuanta SITC is set to launch the ETFs, which track China’s CSI300 index, on the island in May. But concerns have been raised over the risky products' availability to retail investors.