Brief: Cathay Financial's Fund Unit Expects To Raise T$10 Bln From New Fund
12/03/2026 07:06
TAIPEI, March 12 (Reuters) - Cathay Securities Investment Trust, the fund arm of Cathay Financial Holding Co Ltd 2882.TW, said at a news briefing on Thursday: EXPECTS TO RAISE T$10 BILLION ($314 MLN) FROM NEW FUND INVESTED IN TAIWAN STOCKS THE NEW FUND WOULD BE BULLISH ON EQUITIES RELATED TO TAIWAN'S ARTIFICIAL INTELLIGENCE (AI) SUPPLY CHAIN THE UNIT IS TAIWAN'S BIGGEST FUND MANAGEMENT FIRM, WITH T$2.4 TRILLION IN ASSETS UNDER MANAGEMENT Source text: [ID:] Further company coverage: 2882.TW (Reporting by Faith Hung) ((faith.hung@thomsonreuters.com;))
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