Local approach may hold the key to profit; products aimed primarily at domestic investors outperform many designed for foreigners
Article Abstract:
Taiwan's local mutual funds provide a better alternative for investors wanting to invest in managed funds that are aimed at foreigners. Statistics show that a group of local funds aimed at domestic investors are outperforming those that are targeting foreigners. The best example is Core Pacific High-Tech Fund whose return of 8.6% topped a 0.7% increase in Taiwan's main stock index. By contrast, funds targeted at foreigners have continued to exhibit lackluster returns.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
Taipei stocks show promise
Article Abstract:
Taiwanese stocks, which similar to most Asian stocks have plummeted since April 1998, are poised to rebound in the second half of the year as the region's financial health stabilizes and export sales by Taiwan's computer industry recover. MasterLink Securities Investment & Trust Co's net asset value rose in the first half of 1998, catapulting it to No 1 among locally managed Taiwanese stock mutual funds.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Investors in Asia are rethinking strategy: regional woes prompt some to pursue firms with U.S. or Europe links
Article Abstract:
Many investors who are determined to invest in Asia are adopting a different strategy by seeking companies having ties with the flourishing markets of the US or Europe. Though numerous Asian growth predictions are being lowered, the economies of Europe and the US continue to be strong. Several of Taiwan's less known export dynamos have located lucrative niches in US and European markets.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Right medicine would help: despite fund overflow, investors may return. Japan is getting a big dose of the Asian economic crisis
- Abstracts: Hong Kong utility stocks pose a risk: some issues more exposed to land market's woes than investors realize. Credit shortage damps Hong Kong bourse's prospects
- Abstracts: Asian companies seek capital, making investors wary. Hedge funds take beating. Trend to open closed-end Asian funds: shareholders boost efforts to squeeze value out of investment vehicle