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Taiwan BLF invites bids for $5.3bn in mandates

Toby Yiu
The Bureau of Labor Funds is seeking managers for 21 mandates, including its first global multi-asset portfolios, as it moves to further boost its alternatives and index exposure.
Taiwan BLF invites bids for $5.3bn in mandates

Taiwan’s Bureau of Labor Funds (BLF) has invited fund managers to submit bids to run $5.3 billion of global portfolios across 21 segregated five-year mandates. These will comprise 12 portfolios totalling $3.2 billion for the state pension fund's first global multi-asset allocations and nine for $2.1 billion across enhanced Asia-Pacific equity strategies.

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