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Taiwan’s offshore ETF race quickens with Japan, India forays

The asset management subsidiary of Taipei-based Fubon Financial Holdings has opened two exchange-traded funds that track Japan and applied for permits to follow an index in India, bellwethers of increased interest in ETFs among Taiwan’s private banking clients. Fubon Asset Management listed Sept 10 its Fubon TOPIX Leveraged 2X Index ETF and Fubon TOPIX Inverse Index ETF on the Taiwan…

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