BLF aims to raise offshore assets to 60% by 2025
The Taiwanese pension manager's investment return rate has dwindled this year, so it is calling for AI-driven asset managers to help it expand its overseas assets exposure.
Burned by an alarming drop in its investment returns this year, Taiwan's largest pension manager decided on some major new steps to rectify the issue. A key one: dismiss disappointing fund partners and hire new ones to help raise its overseas asset exposure from 52% to 60% over the coming five years.
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