Fubon goes to Hong Kong to target Taiwanese investors

With offshore investing all the rage, Taiwan's local distributors and fund managers look to build international capabilities.

For local√°distributors and manufacturers of investment products in Taiwan, the most important headline number is a recent estimate by the Central Bank of China, Taiwan's central bank, that domestic investors sent over NT$1 trillion $30.9 billion offshore over the course of 2005 - while the domestic unit trusts industry remained flat.
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This, coupled with more intense competition from foreign fund managers and service providers onshore or selling products domestically from offshore, has convinced some Taiwanese firms that in...

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