Cheng Ta Hsu

AllianceBernstein Investments Taiwan Ltd. (AllianceBernstein Taiwan) is the Taiwan-based fund management subsidiary of AllianceBernstein LP, ultimately held by AXA SA (PSE: CS, ADR: AXAHY) in France. Established in 1996, the firm is located in Taipei and manages funds for institutional and individual investors.

KBC Concord Asset Management Co., Ltd. (KBC Concord AM) is the mutual fund management subsidiary of Value Partners Concord Asset Management Co., Ltd. in Taiwan. The firm was established as a joint venture in 2008 when KBC Asset Management and Concord Securities acquired Sunrise Asset Management Co. Ltd. Sunrise AM was subsequently renamed KBC Concord Asset Management Company Ltd. Headquartered in Taipei, KBC Asset Management NV is the majority owner and Concord Securities Group has a significant minority stake, with the remaining shares held by various corporations and professionals. The firm manages the KBC Concord Taiwan Home Run Equity Fund primarily aimed at retail investors.