PSPF seeks to offset volatility with NT$20b mandate
The pension fund intends to split the domestic portfolio between four asset managers. It explained to AsianInvestor why it is employing an absolute-return strategy to do so.
Taiwan’s Public Service Pension Fund (PSPF) is inviting bids for a five-year domestic equity investment mandate of up to NT$20 billion ($654.6 million) that pursues strategies that can counter volatility in the local stock market.
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