(CNA photo) Shares in Taiwan plunged 1.88 percent to close below 16,000 points on Thursday following an overnight dive in the tech-heavy Nasdaq index and the Philadelphia Semiconductor Index in the United States. The Taiwan Stock Exchange Weighted Index (TAIEX) fell 305.32 points, breaching the 16,000 barrier to close at 15,906.41, below the monthly moving average of 15,951. Turnover totaled NT$327.68 billion (US$11.77 billion) during the trading session. Contract chipmakers Taiwan Semiconductor Manufacturing Co. (TSMC) and United Microelectronics Corp. (UMC) led the main board, moving lower throughout the session after their American depositary receipts (ADRs) dropped 2.47 percent and 3.72 percent, respectively, in the U.S. overnight. TSMC, the most heavily weighted stock on the local market, fell 3.38 percent to close at NT$601.00, while UMC dropped 5.49 percent to end at NT$49.05.
Taipei, March 4 (CNA) Shares in Taiwan plunged 1.88 percent to close below 16,000 points on Thursday following an overnight dive in the tech-heavy Nasdaq index and the Philadelphia Semiconductor Index in the United States.
Ørsted brings in renowned investors, CDPQ and Cathay PE, for Greater Changhua 1 Offshore Wind Farm
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Global institutional investor CDPQ and experienced local investor Cathay PE will co-invest 50% of the 605MW Greater Changhua 1 Offshore Wind Farm.
Ørsted will retain a 50% share ownership in the Greater Changhua 1 Offshore Wind Farm, as well as deliver the full construction and long-term O&M services for the project, which is expected to be completed by 2022.
The partnership is based on a financing model for offshore wind projects that is unique in the Asia-Pacific Region.
This is CDPQ s first direct investment in Taiwan through its Infrastructure team, which has a long track-record in the renewable energy sector.
Ørsted brings in CDPQ and Cathay PE as investors in the Greater Changhua 1 Offshore Wind Farm – Padovanews padovanews.it - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from padovanews.it Daily Mail and Mail on Sunday newspapers.
Disclosure requirements and regulation of mutual fund costs are powerful tools for regulators.
Grant Kennaway, Morningstar Australasia Pty Ltd., and Christina West, Morningstar Research Services LLC
Feb 18, 2020
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Regulation is one of the key drivers of increasingly low mutual fund fees around the world, as identified in the Fees and Expenses chapter of Morningstar’s latest Global Investor Experience Study, or GIE. While other drivers of lower fees include investor awareness, competition, and the growth of passive products, regulation is the most powerful top-down driver that can lead to rapid and material investor benefits.
Regulators employ two main tactics to ensure that fees are competitive and proportionate to the value that investors derive. The most prevalent, which we explore below, are disclosure requirements and specifications around what and how mutual fund costs can be charged.