Taiwan's Cathay Securities Investment Trust is setting a strategy for expansion in China and Southeast Asia under its new chairman, Jeff Chang. Chang cites China's recent expansion of its renminbi qualified foreign institution program as providing a good opening for Taiwan fund managers. "In the past few years, the onshore Taiwanese market has stalled. So the RMB business and RQFII are key areas for Taiwanese fund houses to grow their business," Chang said.
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