Taiwan’s PSPF issues $930m equity RFP
The $17.5 billion Public Service Pension Fund has invited asset managers to bid for six domestic equity mandates, its first move to outsource investments since late 2014.
Taiwan’s NT$566 billion ($17.5 billion) Public Service Pension Fund has invited fund managers to bid to run six domestic equity portfolios totalling NT$30 billion by July 20.
The request for proposal for the six NT$5 billion mandates is the first that PSPF has issued since 2014. It awarded no portfolios at all during 2015, because it felt its externally run investments had been sufficient, a spokeswoman told AsianInvestor.
The fund manages domestic fixed income in-house, includi…
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