News Snapshot:
BOSTON , July 8, 2022 /PRNewswire/ -- The Taiwan Fund, Inc. (NYSE: TWN) (the "Fund"), announced today that, having exhausted efforts to obtain relief from Allianz Global Investors US LLC ("AGI") and the Securities and Exchange Commission (the "SEC") permitting the Fund to continue to receive the services of an Allianz portfolio management team based in Taiwan , the Fund's Board will now focus on selecting a new investment adviser to replace AGI. The Board expects to announce the replacement adviser selected by the Board by the end of July 2022 and to seek stockholder approval of the new adviser...