Fubon Am selects BoNY for ETF servicing

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…