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Most managers aren’t hitting targets, says PSPF chairman

Leanne Wang
Taiwan’s Public Service Pension Fund lists the managers who have failed to hit target returns, with chairman Chang Che-shen acknowledging the benchmarks may be too tough.
Most managers aren’t hitting targets, says PSPF chairman

More than half of external investment managers awarded domestic mandates by Taiwan’s Public Service Pension Fund (PSPF) in 2009 have failed to hit return targets.

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