European asset managers using Taiwan as testing ground for active ETFs

Race for active ETFs hots up

Taiwan’s ETF market has gained prominence over recent months, with major European asset managers using it as a testing ground for products before bringing them to market in Europe.

In just seven years, Taiwan's ETF market has jumped from the sixth to the third-largest home for ETFs in the Asia-Pacific region, with asset under management soaring from $17bn to more than $200bn over that time frame.  "The market's appeal is further enhanced by the widespread adoption of ETFs among Taiwanese investors, with 15 million accounts in a population of 23.4 million, highlighting a robust and engaged investor base," explained Philippe El-Asmar, head of APAC ETF, digital and direct at JP Morgan Asset Management (JPMAM).  IW 30: How ETFs became 'a synonym for modernity' In...