Jupiter announces alliance with Taishin Financial Holdings

Jupiter Asset Management is delighted to announce a strategic alliance with Taishin Financial Holdings, Taiwan's second largest financial holding company.

The agreement represents the first international partnership Taishin has signed under Taiwan's 'Master Agent' regulatory framework. Under the agreement, five of Jupiter's unit trusts - including Jupiter Ecology, Jupiter Emerging European Opportunities and Jupiter Global Managed - will be sold in Taiwan through Taishin FHC's 101-strong bank branch network.

Edward Bonham Carter, chief executive of Jupiter, said: "In addition to promoting our international fund range across selected global markets, Jupiter has been looking to build strategic alliances with key partners. Taiwan is one of Asia's largest and most sophisticated financial markets and as the country's second largest financial holding company, Taishin has significant distribution capabilities. We are delighted to have formed this alliance."

Kevin Scott, executive director, international at Jupiter Asset Management, added: "I have formed a close working relationship with Taishin over a number of years and look forward to working with them to build a powerful distribution base for Jupiter in Taiwan."

Dr Keh Hsiao Lin, President at Taishin Financial Holdings, said: "Jupiter has built an enviable long term performance track record and we believe the funds we have selected from its range will prove very popular with our customers. We are delighted to have formed our first international partnership with such a well-respected company."