AI-Fueled Stock Rally Shifts Wealthy Investors Toward Equities, Alternatives

Taiwan’s Financial Supervisory Commission launched its Wealth Management 2.0 program on August 7, 2020, defining individuals with at least NT$100 million in net investable assets as high-net-worth clients. After AI drove global stock markets higher and the interest-rate outlook fluctuated, Cathay United Bank, Taipei Fubon Bank, E.SUN Bank, Taishin Bank and SinoPac Bank observed that wealthy clients had shifted from short-term capital preservation toward long-term growth, intergenerational wealth transfer and diversification. Equities and alternative assets have consequently become more important.

As of the end of May 2026, FSC data showed that 21 domestic banks served 25,290 high-net-worth clients and managed NT$2.6633 trillion in assets, up NT$111 billion from a month earlier. Deposits fell to 42.5% of portfolios from 43.5% in April, while funds accounted for 16.8% and bonds 14.0%. E.SUN Bank said capital was moving from bonds into equities, while Taipei Fubon Bank and Taishin Bank reported stronger demand for private equity, private credit, infrastructure and hedge funds.