Taiwan’s FundRich looks to partner asset managers
The government-backed online distribution platform aims to partner fund and fintech houses on new services. Industry observers say easing of local rules will help the sector develop.
It may be harder than in the past for foreign asset managers to operate in Taiwan, but the local authorities are making progress on creating a more conducive environment for online fund distribution. This will be welcome news to the investment industry, as product distribution via intermediaries has been gaining importance in Asia.
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