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Taiwan's BLF set to gain $5bn in January after record 2022 loss

Shusi He
The Bureau of Labor Funds should be more conservative in issuing mandates in the first half of 2023, as rate hikes continue to pressure the global market, market advisors said.
Taiwan's BLF set to gain $5bn in January after record 2022 loss

Taiwan’s Bureau of Labor Funds (BLF) expects investment performance in 2023 to stabilise, following a record investment loss of $12.7 billion in 2022, as it foresees unprecedented rate hikes coming to an end.

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