The Taiwan Index Plus Corporation ( TIP ), a wholly-owned subsidiary of Taiwan Stock Exchange ( TSE ), and Bloomberg Indices have launched the Bloomberg TIP Taiwan and US Momentum Balanced Multi-Asset Index.
As Taiwan exchange-traded fund ( ETF ) markets opened up for multi-asset ETFs following regulator’s greenlight, both organizations have collaborated to develop a new multi-asset index, combining TIP’s experience in the Taiwanese stock markets and Bloomberg’s in fixed income indices
This index offers exposure to both long-term US treasury bonds and stocks of Taiwan’s advanced technology industries, enabling a multi-asset investment strategy for both stable returns and risk diversification.
TIP and Bloomberg Indices will work together to support issuers to adopt multi-asset indices for developing passive multi-asset ETFs. These ETFs will allow investors to allocate assets across equities and fixed income, supporting risk diversification and long-term goals.
“Following the government’s initiative to greenlight multi-asset ETFs, TIP is actively seeking collaboration with international partners to enhance index designs and offerings,” says Sherman Lin, chairman of the TSE and TIP. “Working with Bloomberg, we have developed this equity-bond balanced index aimed at supporting risk diversification and retirement financial planning. We aspire that through the future development of passive multi-asset ETFs, we can meet the growing needs of issuers and investors, further promoting inclusive finance.”