Pioneer enters Taiwan funds market

Four years after setting up a full-fledged office in Hong Kong, Pioneer Investments has entered the Taiwan market via a distribution agreement with ING Securities Investment Management, one of the largest independent Sices (securities investment consulting enterprises) in that market. ING already serves as a conduit for other fund managers that don't want to set up an expensive on-the-ground distribution operation, including Aberdeen Asset Management, Alliance Capital and Investec.…