Pioneer Investments is to distribute 16 of its Luxembourg-domiciled funds in Taiwan through five loc...
Pioneer Investments is to distribute 16 of its Luxembourg-domiciled funds in Taiwan through five local banking networks.
The move will be spearheaded by Albert Sze, vice president of international sales and distribution, North Asia, who will take overall responsibility for developing the company's presence in the country.
Commenting on the launch, Matteo Perruccio, global head of sales and distribution, said: "In the last four years, Pioneer Investments has continued to expand globally and build its reach across Asia where we now have close to $2bn in assets. It is estimated that the Taiwan fund market is currently seeing inflows in the region of almost $20bn annually and is the second largest market in Asia for public distribution of offshore funds. Year on year fund sales growth rates for the market are projected to be 20% pa for the next three years."
Euroland Equity, Core European Equity, European Small Companies, European Research, Top European Players, Global Players, US Research, US Small Companies, US Mid Cap Value, US Value, US Large Cap Growth, America, Japanese Equity, Eastern European Equity, US High Yield Corporate Bond, Strategic Income
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till