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TaiwanÆs LPF seeks new investment consultant

The $30 billion Labour Pension Fund has put aside the asset-allocation plan completed by Mercer last March and is looking for a new adviser.

Taiwan's Labour Pension Fund (LPF) is announcing a new RFP for an investment consultant. The news has come as a surprise to industry execs serving Taiwan's institutional market. That's largely because Mercer, traditionally strong in relations with government-affiliated associations in the region, completed a comprehensive long-term asset-allocation plan for the LPF in March last year.

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