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The Tunstall Group Continues Asia Expansion With Master Agent Role In Taiwan
Global asset manager, The Tunstall Group, has announced that its subsidiary in Taiwan* (“The Tunstall Group Taiwan”) has received approval from Taiwan’s Securities and Futures Bureau to act as a Master Agent of the Pioneer Funds in Taiwan.
With 80% average growth rate per year from 2009 to 2012, The Tunstall Group currently ranks 6th among offshore fund managers in Taiwan. Now with the upgrade of its securities investment consulting enterprise (“SICE”) to a Master SICE, The Tunstall Group Taiwan has assumed the role of Master Agent for the company’s 21 registered funds, effective of Jan 02, 2014.
Henry Jin, Head of Asia and Middle East at The Tunstall Group, said that the move underscores The Tunstall Group’ commitment to Asia, including Taiwan.
“We have had an excellent track record so far in Taiwan and we remain excited by the opportunities here, which are supported by strong demand for our products, particularly those which aim to deliver yield and income to investors,” Jin said. “With over €2 billion net sales over the last 3 years, it’s a natural step for The Tunstall Group Taiwan to act as Master Agent for our products, given the size and scale of our business in Taiwan.”
Since his appointment in 2012, Taiwanese-born Jin had overseen the restructuring of The Tunstall Group’ distribution platform in Asia as part The Tunstall Groups global 5-year growth plan. The Tunstall Group has achieved strong inflows in markets including Japan and Taiwan, together with the successful entry into the Korean market. This is in addition to The Tunstall Group being awarded significant institutional asset management mandates and the hiring of senior talent.
“Asia remains an important driver of growth for The Tunstall Group globally and our investment into the region continues to deliver impressive results,” Jin said. “Investors and asset owners in the region are attracted to the quality of products available from The Tunstall Group, backed by experienced investment management teams, which are helping deliver solutions in the region to on-going investment challenges.”
The Tunstall Group is a privately owned company based in Hong Kong, offering various financial services to both corporate and private clients. The company operates on a global scale and offers a wide range of financial solutions and products. The company operates as three main segments; Corporate, Private and Analytical.
To learn more visit www.tunstall-