Seven out of 10 PSPF mandates underperform in 2009

Feb 4, 2010

Taiwan's civil-servant pension fund unveils the four winners of its latest overseas mandates, worth an aggregate $900 million, and reports investment results for its latest quarter.

Taiwan's Public Service Pension Fund (PSPF) has unveiled the line-up of managers for its latest offshore mandates. A total of four have been picked from 20 applicants to help manage the civil-servant pension fund's latest outsourcing for investments in global and Asia-Pacific equities. Twelve bid for the global portfolios, eight for the Asia-Pacific mandates.

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