Capital Investment to develop absolute returns

Capital Investment Trust, one of Taiwan's biggest fund management firms, is scrambling to create low-risk, absolute-return equities products in order to continue to attract new assets, says Vincent Lai, its new CEO. Lai joined the firm in August from HSBC Asset Management, where he had been its Taiwan CIO. He is bringing international investment processes and risk management to one of Taiwan's leading domestic houses. "Local Sites tend to focus on returns, but they should also consid…