碩士 / 國立中山大學 / 財務管理學系研究所 / 106 / Financial management business in Taiwan has abundant investment instruments. Investment in funds has the highest holding ratio for Taiwanese. Since 1983, the first Securities Investment Trust Company has found, and the history of fund investment has been developed over 30 years. Since the offshore fund institution system has been implementing and opening for offshore funds, as to September 2017, 84 percent of the investing ratio of Taiwanese in fund investment comes from offshore funds.
This research focus on comparison between domestic funds and offshore funds that investing in Equity Funds (Greater China Funds), Fixed-income Fund, Emerging Markets Bond Fund, and High Yield Bond Fund. In addition, this research uses standard deviation and Sharp-Ratio as the basis of investing performance to evaluate returns on investment. This research also analyzes what influences became the advantages between domestic funds and offshore funds in developing fund instruments. Furthermore, since 2013 Taiwan encourages offshores companies put in research resources and help developing local human resources, therefore, the Financial Supervisory Commission (FSC) sets up “Encourage Stronger Business Ties in Taiwan for Offshore Funds” plan, and the plan will be discussed in this research as well.
The result in the research period shows that:
First, Equity Funds (Greater China Funds) in domestic funds has a better performance.
Second, Fixed-income Fund, Emerging Markets Bond Fund, and High Yield Bond Fund in offshore funds will have a better performance.
The “Encourage Stronger Business Ties in Taiwan for Offshore Funds” plan will increase the scope of offshore Funds and has no effect on domestic funds.
| Identifer | oai:union.ndltd.org:TW/106NSYS5305017 |
| Date | January 2018 |
| Creators | Nai-yu Wang, 王乃玉 |
| Contributors | Chin,Chang-Chiang, 秦長強 |
| Source Sets | National Digital Library of Theses and Dissertations in Taiwan |
| Language | zh-TW |
| Detected Language | English |
| Type | 學位論文 ; thesis |
| Format | 52 |
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