ETFs help fuel 25% jump in Taiwan fund assets in six months

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Financial Times 14h ago

ETFs help fuel 25% jump in Taiwan fund assets in six months - Financial Times

Quick Summary:

Taiwan’s largest local ETF issuer Yuanta Funds’ Taiwan Value High Dividend ETF raised NT$175.2bn in just five days in March, smashing the previous initial ETF fundraising record in the market by more than fivefold.

Uni-President AM’s total assets under management have surged by more than 67 per cent to NT$246bn from NT$147bn at the end of last year.

Although the craze has cooled after more recent launches have failed to generate the same level of investors, ETFs have continued to boost the total assets of local issuers.