Reported 10 months ago
Market bullish trends attracting large capital inflows have boosted fund net worth and significantly increased asset management industry, with 38 fund companies' total scale growing by 24.8% to 8.4 trillion this year, including 15 companies exceeding one trillion scale. Notably, due to the popularity of high-yield ETFs in Taiwan Stock Exchange, Yuanta Investment Trust Co.'s scale is set to reach 2 trillion, while KGI Investment Trust Co. is close to knocking on the trillion mark and Unity Investment Trust Co.'s scale has grown by nearly 70%, leading in growth rate. Public offering fund scale in the first half of the year saw a sharp increase of 1.67 trillion.
Source: YAHOO