Six foreign fund houses win Taiwan privileges

Six foreign asset managers have received awards giving them improved access to Taiwan’s funds market this year, treble the number in 2015. Some industry observers expect the extra privileges the firms can select as a result to boost their local business ahead of other overseas players, potentially creating a more polarised industry.  This year’s beneficiaries, unveiled last week, are AllianceBernstein, Allianz Global Investors, Eastspring, Franklin Templeton, JP Morgan Asset Manag…