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Taiwan’s PSPF eyes international equities

The pension fund is considering issuing new mandates to external managers this year, as it attempts to diversify its holdings by increasing its investments in international equities.
Taiwan’s PSPF eyes international equities
Taiwan’s $18.5 billion Public Service Pension Fund (PSPF) is considering further investments in global equities this year, a move that will entail the hiring of external managers. Speaking to AsianInvestor on the sidelines of the annual IMAS conference in Singapore yesterday, PSPF vice chairman Feng-Ching Tsay said it is eyeing global equities as it diversifies following its allocation to fixed income-generating assets last year. In addition, Tsay sees factors such as the expect…
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