City Of London Investment Management Co Ltd buys $51,685,490 stake in Taiwan Fund (The) (TWN)

Taiwan Fund (The) (TWN) : City Of London Investment Management Co Ltd scooped up 28,338 additional shares in Taiwan Fund (The) during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 12, 2016. The investment management firm now holds a total of 3,054,698 shares of Taiwan Fund (The) which is valued at $51,685,490.Taiwan Fund (The) makes up approximately 3.83% of City Of London Investment Management Co Ltd’s portfolio.

Other Hedge Funds, Including , Opera Trading Capital added TWN to its portfolio by purchasing 2,099 company shares during the most recent quarter which is valued at $35,515. Taiwan Fund (The) makes up approx 0.02% of Opera Trading Capital’s portfolio. Amica Mutual Insurance Co added TWN to its portfolio by purchasing 41,270 company shares during the most recent quarter which is valued at $678,892. Taiwan Fund (The) makes up approx 0.06% of Amica Mutual Insurance Co’s portfolio.

Taiwan Fund (The) opened for trading at $17.1 and hit $17.1 on the upside on Monday, eventually ending the session at $17.08, with a gain of 0.47% or 0.08 points. The heightened volatility saw the trading volume jump to 1,528 shares. Company has a market cap of $280 M.

The Taiwan Fund Inc. (the Fund) is a diversified closed-end management investment company. The Fund’s portfolio includes information technology which include computer and peripheral equipment industry electrical components industry and common stocks; chemicals; consumer discretionary which include auto components industry hotels restaurants and leisure industry leisure time industry leisure product industry and multiline retail industry; electronics which include communications and Internet industry computer and peripheral equipment industry electronic parts/components industry electronic products distribution industry and optoelectronics industry; energy which include oil gas and electricity industry general industry; finance which include diversified finance services industry and financial and insurance industry and foods which include food industry and food products Industry. The Fund’s investment adviser is JF International Management Inc.

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