Taiwan fund managers to see little benefit from MoU

Nov 19, 2009

The much-anticipated China-Taiwan MoU has been signed, but Taiwanese fund houses have yet to meet basic requirements to apply for QFII status, or take up QDII portfolio adviser roles.

The long wait is over. After months of delays, an official memorandum of understanding (MoU) was at last signed this week by the China Securities Regulatory Commission and Taiwan's Financial Securities Commission.

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