Taiwan's LPF targets high-risk global mandates

Taiwan’s Labour Pension Fund (LPF) is inviting global fund managers to bid for four mandates amounting to $400 million. LPF's old pension funds scheme, which has NT621.6 billion ($21 billion) in assets, is requesting mandates for global real estate and global infrastructure securities. Each manager will receive $100 million for a five-year term. The pension fund LPF is seeking high-risk and high-return strategies, according to its website. LPF will only consider fund managers wi…