fubon-am-selects-bony-for-etf-servicing

Fubon Am selects BoNY for ETF servicing

Bank of New York provides consulting services to newly launched exchange-traded fund.
TaiwanÆs Fubon Asset Management has appointed The Bank of New York BoNY to provide customised consulting services for its technology-based exchange-traded fund ETF.

The Fubon technology ETF, the first to come from the island, was launched on the Taiwan Stock Exchange on Tuesday and the appointment of BoNY as a service provider marks the latest step in the relationship between the two.

BoNY says for the past 12 months it has been actively engaged with Fubon in a process of knowledge transfer. By sharing its experiences as a third-party provider of ETF services, it has ensured that the asset manager is able to manage the day-to-day aspects of the ETF...
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