The Labour Pension Fund is offering six equal absolute-return mandates, but its return targets and low fees are criticised.
The Labour Pension Fund is seeking locally incorporated managers to take on absolute return mandates to achieve a targeted 9% annual return. It sets a deadline of March 6.
The Labour Pension Fund is inviting managers to bid for six four-year mandates totalling $1 billion to invest at least 70% in domestic stocks. Applications close on February 20.
The Public Services Pension Fund picks the FTSE All-World Index as benchmark, while the Labour Pension Fund chooses two FTSE indices as they both look to diversify.
Legg Mason's Esemplia, Morgan Stanley Investment Management and Vontobel will each run a $250 million global emerging-market portfolio, the state entity’s first GEM mandates.
The Taiwanese pension fund is inviting pitches for its first three emerging-market equity mandates, worth a total of $750 million.
The $30 billion Labour Pension Fund has put aside the asset-allocation plan completed by Mercer last March and is looking for a new adviser.
The civil servants’ pension fund has chosen a rather surprising list of candidates to potentially manage two global equity mandates.
The Labour Pension Fund is looking to pump NT$24 billion into the domestic market through eight external managers.
The Labour Pension Fund is getting ready to hand out another $882 million in additional mandates to managers.
The island’s centrally managed retirement fund is facing a double whammy of poor investment returns and rising expenses.
Fund managers beware: the Labour Pension Fund is targeting an investment return of 9% a year and fees will be performance-based.
Taiwan’s Executive Yuan is encouraging the fund to participate in socially responsible investments.
The fund plans to outsource two new batches of mandates in the second half of this year, but the exact timing is uncertain.