- As of the end of June 2025,
- Taiwan had a total of 37 SITEs (19 domestic SITEs and 18 foreign SITEs) and 88 SICEs.
| As of 2023, the asset management size of SITEs in Taiwan (in New Taiwan Dollars) is as follows: | |
|---|---|
| Mutual Funds: | 6.7 trillion |
| Discretionary Investments: | 3 trillion |
| Private Funds: | 326 billion |
| Advisory Contracts with Decision-making Authority on Client Assets: | 405 billion |
| Total: | 9.81 trillion NTD |
As of August 2024, the Taiwan ETF market size for 65.6% of the total size of securities investment trust funds.
Launch Diverse Financial Products.
To balance the development of the domestic active and passive fund markets and provide investors with diversified product choices, the FSC has opened up active ETFs and passive multi-asset ETFs. On December 25, 2024, the relevant provisions of the " Regulations Governing Securities Investment Trust Funds " and the " Regulations Governing Information to be Published in Prospectuses by Securities Investment Trust Enterprises Offering Securities Investment Trust Funds " were amended, and relevant departments were supervised to cooperate in the amendment of relevant regulations.
Guiding domestic and foreign funds to be managed by securities investment trust enterprises (SITEs).
Relaxing restrictions on discretionary investment mandates to encourage financial groups to delegate their own capital to be managed by SITEs.
To facilitate financial holding groups in entrusting funds to SITEs, the regulations governing the discretionary investment management operations of securities investment trust enterprises and securities investment consulting enterprises are being reviewed. This includes relaxing the restriction that limits investment trusts to holding no more than 10% of a single company's shares across all discretionary accounts.
Assist SITEs in acting as sub-investment managers for offshore funds registered in Ireland.
To enable SITEs to expand their investment management services for offshore funds, plans are underway to sign a "Memorandum of Understanding on Alternative Investment Fund Managers Directive" with the Central Bank of Ireland. It is estimated that by 2030, two funds totaling NT$6.4 billion could be managed.
Relaxation of the scope of transactions with interested parties of insurers and of the applicable limits.
Relaxation allowing insurers to enter into discretionary mandate transactions with interested parties acting as asset management enterprises.
- Commissions and fees under a discretionary mandate may be handled by way of blanket authorization pursuant to a resolution adopted with the attendance of at least two-thirds of all directors and the consent of at least three-fourths of the directors present; the transaction terms shall not be more favorable than those offered to other parties of the same kind.
- Where the investment in an index exchange-traded fund issued by such asset management enterprise exceeds 10% of the total number of beneficiary units issued by the fund, such portion may be excluded from the aggregate transaction amount limit for transactions with interested parties.