Taiwan’s PSPF to issue landmark total-return mandates

Taiwan’s Public Service Pension Fund (PSPF) has invited fund managers to bid for four global total-return fixed-income mandates totalling $800 million by November 17. The four $200 million mandates were detailed in an announcement today (October 23). These will be the first global total-return investments made by the NT$563.2 billion ($18.68 billion) fund and the first overseas mandates it has issued since the global multi-asset portfolios it handed out in October last year. Ano…