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BLF invites bids for $1.4bn absolute-return portfolio

The state pension fund is inviting fund houses to bid for a broadly-defined domestic mandate that is targeting an initial investment return of just under 6%.
BLF invites bids for $1.4bn absolute-return portfolio

The Bureau of Labor Funds is inviting bids for a five-year domestic investment mandate of up to NT$42 billion ($1.4 billion), which pursues a strategy that aims to counter volatility in Taiwan’s stock market.

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