Taiwan’s BLF to issue $4.4bn in mandates

Taiwan’s Bureau of Labour Funds (BLF) is seeking managers for a total of $4.35 billion in assets across 18 segregated mandates – nine for sovereign credit and nine for equity index strategies.  The move is part of the state institution’s investment plan – formulated after it was set up early last year – to further diversify its NT$2.8 trillion ($89 billion) portfolio. It aims to almost treble its alternatives allocation to 6% from 2.3% and raise its overseas exposure to at least 4…