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Taiwan’s BLF to boost foreign exposure to 50%

The $88 billion Bureau of Labor Funds will increase its offshore allocation, largely by putting more into alternatives and equities, with a view to achieving a 4% return this year.
Taiwan’s BLF to boost foreign exposure to 50%

The Bureau of Labor Funds (BLF), which oversees Taiwan's public pension assets, will raise its overseas allocation this year to 50% from 42% as of the end of November. The move reflects the growing trend among Asian institutions towards greater international diversification of portfolios.

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