The economic progress in the past decades had marked a conspicuous rise for wealth preservation and wealth appreciation. The "Regulations Governing Banks Handling Financial Products and Services for High Asset Clients", issued by the Financial Supervisory Commission (FSC) on 7th August 2019, allow financial institutes to provide a much diverse range of financial products and services to high-asset customers. These relaxation measures will help banks to achieve stronger product development capability, propelling Taiwan into a high-end asset management center in Asia.
At present, individuals entrusting wealth to professional investment institutions had become ever more common in the industry, while demands to purchase overseas funds also witnessed a significant rise in the post-financial tsunami era. Meanwhile, the loosening of financial regulations lead to tremendous demand for investable assets and packaged investment products. This allows financial institutes to attract overseas capital for investments, which also provides incentives for international talents and financial institutions to set up their bases in Taiwan. Taking these into account, engaging professionals for high-level asset management had become even more critical for the development of the entire financial industry, where asset management professionals are essential for sustaining the country’s competitive edge and tapping into the increasing wealth creation.
The course module for international asset management will help financial practitioners understand the international economic situations and acquaint students cross-border wealth management practices by introducing types of international financial institutions, and training students all aspects of asset management, including investment selection, asset allocation, portfolio management, and risk management, so as to enhance students’ professional knowledge all-roundly.
