Taiwan’s BLI picks trio for global equity mandates
The Bureau of Labor Insurance names MFS, BlackRock and Amundi to manage $200 million each. They were selected on the strength of their developed market expertise.
Taiwan’s Labor Insurance Bureau has unveiled a trio of international fund houses to manage $200 million each in active global equity mandates.
The selected managers are US-based MFS Institutional Advisor, BlackRock Investment Management (UK) and France-based Amundi.
AsianInvestor reported the fund’s RFP this July, noting it would mostly be invested in developed market equities and would boost the institution’s overseas equity portfolio by almost a third.
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