Foreign Investment: Taiwan goes international
Posted March 6, 2008
| "In January 2008, the Taiwan Stock Exchange stated plans to list more than a dozen exchange-traded funds (ETFs) from the U.S., Japan, Korea, Singapore and France during the next six months." — Sally Limantour |
by Sally Limantour, Taipan
Baltimore – (TFN): While the U.S. stock indexes suffer, overseas markets are attracting more investment flow.
As the U.S. and many other countries continue to falter, the Taiwan ETF (EWT:AMEX) has climbed higher since the January lows.
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Taiwan continues its leap forward towards the internationalization of the island’s capital markets. In January 2008, the Taiwan Stock Exchange stated plans to list more than a dozen exchange traded funds (ETFs) from the U.S., Japan, Korea, Singapore and France during the next six months.
During these times of increasing volatility, capital is still flowing into emerging markets — and Taiwan is a leader in that regard. View a chart of Taiwan’s iShares ETF and find more from Sally Limantour.
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