Funds vie for Taiwan exposure

Article Abstract:

The mutual fund industry in Taiwan is undergoing a large number of mergers and acquisitions as Securities Investment Trust Enterprises (SITEs) choose to sell to foreign fund-managers. HSBC Asset Mangement, Invesco, ABN Amro Asset Management, UBS Warburg, AIG, Citibank, and Prudential are among the biggest investors. Taiwan regulatory authorities allowed complete ownership of SITEs by foreign companies in 1996, and are expected to allow even greater freedoms to foreign companies in the country, making SITEs obsolete.

Taiwan, Asset sales & divestitures, Acquisitions & mergers, Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Securities & Commodities Regulatn, Security and Commodity Services, Securities & Commodities Services, Securities, Commodity Contracts, and Other Financial Investments and Related Activities, Mergers, acquisitions and divestments, Securities industry, Citibank N.A. (New York, New York), Prudential, UBS Warburg L.L.C., HSBC Asset Management, INVESCO Retirement Inc., ABN AMRO Asset Management, AIG

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Hedge funds take center stage in Hong Kong

Article Abstract:

Hong Kong securities regulators and members of the investment fund industry met to discuss hedge funds' authorization in the city. The " Regulation of Hedge Funds in Asia" conference stirred debate on a number of issues including the market segmentation approach, and the appropriate value of a minimum subscription.

Economic Programs, Administration of Economic Programs, Hong Kong, Economic policy, Hedge funds

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A straggler finds what investment crowd was seeking

Article Abstract:

Fund manager Teo Jwee Liang of Dresdner RMC Global Investors invested in Thailand and the Philippines when others pulled out, and his persistence brought positive results. Both funds are the top performers in their sectors over six months, with the Philippine fund return at 19% and the Thai fund return at 20%.

Financial analysis, Investment Advisory Services, Investment Advice, Thailand, Philippines, Financial services industry, Financial services, Investments, Investment advisers, Teo Jwee Lian, Dresdner RCM Global Investors L.L.C.

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