BLF invites bids for $2.8b in absolute-return equity mandates

Nov 20, 2017

The $125 billion state fund is seeking managers for 15 mandates for its first overseas absolute-return equity portfolios, as it seeks to counter expected volatility in global markets.

BLF invites bids for $2.8b in absolute-return equity mandates

Taiwan’s Bureau of Labor Funds (BLF) invited bids on Monday (November 20) for a five-year overseas investment mandate worth a total of $2.8 billion: its first for global absolute-return equity portfolios.

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