Polaris eyes regional expansion
The Taiwanese ETF player has lined up partnership deals with Hong KongÆs BOCI-Prudential and ChinaÆs Fortis Haitong. More deals in Singapore and Malaysia are in the works.
In the exchange-traded fund (ETF) business, there are rewards for being the first mover. Polaris, Taiwan's domestic ETF powerhouse, has plans to expand outward and become a regional player in Asia. It has already struck deals in China and Hong Kong, and is now eyeing Singapore and Thailand.
According to Julian Liu, Polaris' president and CEO in Taipei, the company is lining up a number of deals to import ETF products from around Asia. It is also looking to establish more partnerships…
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