BLF’s stricter rules on external managers may backfire
Taiwan’s state pension fund has pledged to regulate external managers more strictly after the bribery scandal, but the additional red tape could turn away some fund houses.
The increasingly stringent external investment mandate rules being introduced in response to the corruption scandal embroiling Taiwan's Bureau of Labor Funds (BLF) could crimp the breadth of its choice of domestic fund partners, but potentially to the benefit of their foreign rivals, say several industry executives.
Sign In to Your Account
Access Exclusive AsianInvestor Content!
Please sign in to your subscription to unlock full access to our premium AI resources.
Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial—no registration fees required. Click the link to get started.
Note: This free trial is a one-time offer.
¬ Haymarket Media Limited. All rights reserved.