MassMutual Financial Group has bought control of the sixth-largest mutual fund company in Taiwan.

The Springfield, Mass., insurer, said it bought, with partners, a 68% stake in Fuh Hwa Investment Trust Co. Ltd. The partners are Mercuries & Associates Ltd. and MassMutual Mercuries Life Insurance Co. Ltd. in Taiwan.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.