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Taiwan quasi SWF puts state priorities before profits

Jolie Ho
The $18 billion National Development Fund is eyeing innovative start-ups, but it is more focused on supporting the firms than ensuring returns or practicing responsible investing.
Taiwan quasi SWF puts state priorities before profits

Taiwan’s National Development Fund (NDF) is eyeing local investments into seven industries that support government policy objectives, and it is willing to eschew traditional investment priorities and modern responsible investing practices to do so.

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