Aviva Investors receives Securities Investment Consulting Enterprise licence for Taiwan
10 March 2011
(London): Aviva Investors today announced that it has received a Securities Investment Consulting Enterprise (SICE) licence for Taiwan from the Financial Supervisory Commission. The licence allows Aviva Investors to open its own subsidiary and offer a broad range of products in Taiwan to both retail and institutional clients.
Since entering Taiwan market in 2008, the licence means that Aviva Investors will have an official presence in Taiwan that allows it to provide on the ground services to local distributors and clients.
Craig Bingham, Chief Executive – Asia Pacific said: “The Taiwan market presents distinct cross border opportunities and we have been keen to expand our presence in this market for a long time.
“A lot of effort has gone into getting us into this position and now that we have the right framework in place we can begin to create a more meaningful presence and build stronger relationships with our clients. This licence will allow us to deal with clients directly, presenting both existing and prospective clients with many benefits. We will be able to understand their requirements in greater detail, enabling us to provide solutions that are suited to their needs.
“Aviva Investors also recently received its Capital Markets Services licence in Fund Management for Singapore. This combined with the Taiwan licence demonstrates our commitment to the Asia Pacific region and represents the significant opportunities that we see for investors in these markets.”
Aviva Investors has two segregated mandates - Global High Yield and Emerging Market Bonds - and 13 registered SICAV funds in Taiwan.
For more information contact:
+44 (0)20 7809 8759
Notes to Editors
Aviva Investors is the global asset management business of Aviva plc. The business delivers investment management solutions, services and client-driven performance to clients worldwide. Aviva Investors operates in 14 countries in Asia Pacific, Europe, North America and the United Kingdom with assets under management of almost £260 billion at 31 December 2010.
- Aviva is a leading provider of life and pension products in Europe (including the UK) with substantial positions in other markets around the world, making it the world's sixth largest insurance group based on gross worldwide premiums at 31 December 2009.
- Aviva's principal business activities are long-term savings, fund management and general insurance, with worldwide total sales* of £47.1 billion and funds under management of £402 billion at 31 December 2010.
*Based on 2010 published life and pensions PVNBP on an MCEV basis, total investment sales and general insurance and health net written premiums, including share of associates' premiums.
Aviva Investors Global Services Limited
No. 1 Poultry, London EC2R 8EJ
Phone +44 (0)20 7809 6000
Fax +44 (0)20 7489 7940
Email email@example.com Aviva Investors Global Services Limited, registered in England No. 1151805. Registered Office: No. 1 Poultry, London EC2R 8EJ. Authorised and regulated in the UK by the Financial Services Authority and a member of the Investment Management Association.
Contact us at Aviva Investors Global Services Limited, No. 1 Poultry, London EC2R 8EJ. 11/0237
Telephone calls may be recorded for training and monitoring purposes
There are no related media releases available.