Manulife in Taiwan Appoints Deutsche Bank

Manulife Asset Management Taiwan has appointed Deutsche Bank as fund administrator for two new bond funds with multi-currency share class, which includes offshore Renminbi.
Manulife Asset Management Taiwan is the first to offer such funds to retail investors onshore in Taiwan.
Brian Hsieh, general manager of Manulife Asset Management Taiwan said: “We are pleased to have chosen Deutsche Bank. It was important to us to choose a fund administration partner that understands our business and has the scale and technology to support our present and future needs. We are very proud to be the first to offer multi currency-denominated funds with an offshore RMB share class in Taiwan.”