The Bank Of New York Helps Fubon Asset Management Of Taiwan Develop ETFs

The Bank of New York is helping Fubon Asset Management of Taiwan launch Taiwan's first technology ETF. The fund has been authorized by Taiwan's Financial Supervisory Committee. "The Bank of New York's experience in servicing ETFs fully complemented Fubon's ability

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The Bank of New York is helping Fubon Asset Management of Taiwan launch Taiwan’s first technology ETF. The fund has been authorized by Taiwan’s Financial Supervisory Committee.

“The Bank of New York’s experience in servicing ETFs fully complemented Fubon’s ability to successfully launch Taiwan’s first technology ETF,” says Kenneth A. Lopian, senior executive vice president and head of The Bank of New York’s Asia-Pacific Division. “Our expanding relationship with the Fubon Group of companies highlights our ability to deliver securities services that meet our clients’ growing and sophisticated global needs.”

Victor Kung, president of Fubon Asset Management, says the collaboration will “greatly help Taiwan’s ETF market movement in the future.”

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