Reported 3 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