Taiwan fund industry grows 9% to $177 billion in 2021: Morningstar
Taiwanese equity technology funds draw new capital for the seventh quarter as investors turn selective on fixed income funds.
The Taiwanese fund industry recorded 9% growth in 2021, after a fourth quarter of net inflows reversed the net outflow of the previous quarter. Allocation funds led the inflows, with Taiwanese tech funds in particular leading flows into equity funds.
Funds domiciled in Taiwan received NT$290.1 billion ($10.4 billion) in 2021, bringing total net assets to NT$4.9 trillion ($177 billion).
Taiwan-domiciled sector equity technology funds have been attracting new capital for seven qua…
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