SINGAPORE - The Singapore Exchange on Wednesday said it is introducing a futures contract on the FTSE Taiwan RIC Capped Index , enabling investors to gain exposure to a broad representation of large and mid-cap Taiwan stocks.
Michael Syn, head of equities at SGX, said international investors own some 40 per cent of Taiwan's equities, making its market an important part of any Asian investment portfolio. He added:"We are glad to work with FTSE and our partners to meet the rising demand of US and European investors for access and investment exposure to Taiwan, with consistent diversification to manage risk.
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