Recent Trends in The Mutual Fund Industry in Taiwan
Offshore fund houses in Taiwan are perceived to possess better capabilities over onshore fund houses and are regarded as excellent vehicles to offer enhanced yields through a large variety of innovative products and superior customer services. Despite the recent regulatory changes that aim at curbing the growing dominance of the offshore fund market, Taiwan remains an attractive location for global fund houses to grow their businesses.The increased demand for retirement needs due to the aging population and low birth rate calls for pension reform that offers ample growth opportunities for the mutual fund industry in Taiwan. The relaxed political tension and the progressive partnership between China and Taiwan also stimulate the interest of global fund houses to establish their businesses in Taiwan.
Index terms- Investors, mutual funds, performance persistence, asset management, SITCA, Taiwan