Taiwan’s PSPF to issue first global multi-asset mandates
The $18.6 billion Public Service Pension Fund has invited pitches for its first global multi-asset portfolios. Three managers will manage a total of $600 million.
Taiwan’s Public Service Pension Fund (PSPF) has invited fund managers to bid for three global multi-asset mandates totalling $600 million by November 22. The three $200 million mandates were detailed in an announcement today.
They will be the first global multi-asset investments made by the NT$554 billion ($17.6 billion) fund, and the first overseas mandates it has issued since July 2014. It awarded no foreign investment portfolios last year, but did issue a NT$30 billion domestic…
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