FSC: Private Fund Sales Account for Only 0.32% of High-Net-Worth Clients' AUM
Recent data from the FSC shows that private funds account for only 0.32% of the total Assets Under Management (AUM) of high-net-worth clients in Taiwan, indicating low market penetration.
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- 📰 Published: April 7, 2026 at 22:27
- 🔍 Collected: April 7, 2026 at 23:00 (33 min after Published)
- 🤖 AI Analyzed: April 20, 2026 at 13:12 (302h 11m after Collected)
Recently, several fund companies have restricted redemptions for overseas private debt funds, causing market concern. Financial industry insiders previously pointed out that redemption situations for such funds are somewhat similar to past bank runs, but current subscription and redemption regulations are much better than during the global financial crisis. Media continues to focus on the sales situation of private funds in Taiwan.
Wang Yun-chung, Deputy Director of the FSC's Banking Bureau, stated at a regular press conference that the total sales of offshore funds not yet certified by 10 banks amounted to NT$12.979 billion. Among these, private debt funds accounted for NT$4.868 billion (private credit funds belong to this category), private infrastructure or private real estate funds accounted for NT$4.578 billion, private equity funds accounted for NT$2.289 billion, and other types of uncertified offshore funds accounted for NT$1.245 billion.
Wang Yun-chung pointed out that the total balance of private funds sold to high-net-worth individuals is NT$7.38 billion, accounting for only 0.32% of the total Assets Under Management (AUM) of all high-net-worth clients. The balance sold to clients of Offshore Banking Units (OBUs) is NT$5.599 billion. He emphasized that these higher-risk funds are not sold to the general public, and through market segmentation, high-net-worth customer groups have a higher capacity to bear risks.
When media inquired about related exposures and subsequent developments, the FSC stated that they are continuously monitoring the situation. Domestic banks themselves do not invest in private debt funds. From a sales perspective, as of the end of February, only one product sold to OBU offshore clients in Taiwan had defaulted, amounting to approximately NT$250 million. No customer complaints have been received so far. (Editor: Chang Liang-chih) 1150407
Wang Yun-chung, Deputy Director of the FSC's Banking Bureau, stated at a regular press conference that the total sales of offshore funds not yet certified by 10 banks amounted to NT$12.979 billion. Among these, private debt funds accounted for NT$4.868 billion (private credit funds belong to this category), private infrastructure or private real estate funds accounted for NT$4.578 billion, private equity funds accounted for NT$2.289 billion, and other types of uncertified offshore funds accounted for NT$1.245 billion.
Wang Yun-chung pointed out that the total balance of private funds sold to high-net-worth individuals is NT$7.38 billion, accounting for only 0.32% of the total Assets Under Management (AUM) of all high-net-worth clients. The balance sold to clients of Offshore Banking Units (OBUs) is NT$5.599 billion. He emphasized that these higher-risk funds are not sold to the general public, and through market segmentation, high-net-worth customer groups have a higher capacity to bear risks.
When media inquired about related exposures and subsequent developments, the FSC stated that they are continuously monitoring the situation. Domestic banks themselves do not invest in private debt funds. From a sales perspective, as of the end of February, only one product sold to OBU offshore clients in Taiwan had defaulted, amounting to approximately NT$250 million. No customer complaints have been received so far. (Editor: Chang Liang-chih) 1150407