A shift towards riskier assets, increased competition and weak profitability spells danger for the industry's near-term outlook, fears Moody's Investors Service
Regulators in the three markets are putting faith in agreements for mutual recognition of funds – and their efforts may be coming to fruition. And Korean firms are taking note.
After launching a fixed income mutual fund in China, Taiwan's Yuanta will roll out a more unusual cross-border ETF, a big step forward for China, Hong Kong and Taiwan.
The Taiwan Stock Exchange is preparing to introduce renminbi-denominated ETFs and stocks, indicating that Beijing will grant an RQFII quota to the island soon.
The asset manager is the latest looking to build on its range of Hong Kong-domiciled funds. It has also set up shop in Taiwan and is eyeing other moves in the region.
The former minister for superannuation in Australia, Nick Sherry, urges Taiwan and the rest of Asia to look no further than Canberra for clues on how to drive development in pension systems.