TaiwanÆs LPF seeks new investment consultant

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. It took Mercer eight months to labour over that piece of research. However, the unfortunate timing o…