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Managers downbeat as Taiwan mulls sovereign fund

The finance ministry has proposed merging four state-run pension funds into a $240 billion sovereign fund, but managers doubt the entity will issue more external mandates.
Managers downbeat as Taiwan mulls sovereign fund

Taiwan’s finance minister has proposed consolidating four state-run pension funds into a new $240 billion sovereign wealth fund, although fund managers appear pessimistic this will lead to more external mandates.

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