Taiwan to Award $1.5b in Pension Fund Mandates

Six managers are expected to be selected to each receive $250 million to invest in a global equities or fixed-income fund

Taiwan's Labour Pension Fund says it is soliciting bids for $1.5 billion worth of overseas investment mandates. The fund's supervisory committee expects to select six managers from the latest round of bidding. Each manager will receive $250 million from the fund to invest in a global equities or a global fixed-income portfolio.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.