Janus expands range of funds on offer in Taiwan

Janus receives approval for expanded range of nine funds.

Janus, the US investment management house, has announced the approval by Taiwan's Securities and Futures Commission of an expanded range of nine sub-funds for local distribution in Taiwan.

The approval marks the expansion of Janus' Taiwan activities through developing local relationships with more than 40 Taiwanese banks, representing more than 2,800 branches. Janus entered the Taiwanese market in September 2001, distributing its seven sub-funds through Citicorp, the global financial services firm.

Effective immediately, Taiwanese banks now have access to nine Janus funds. The nine mutual funds will include a range of Janus equity and fixed-income products designed to meet the different needs and risk tolerance levels of Taiwanese investors. The two additional funds include one...

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