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Taiwan’s BLF turns conservative on overseas mandate after record half-year losses

In the face of turmoil in both overseas and domestic markets, it would be a safer bet for the $195 billion Taiwan pension system to turn cautious about outsourced overseas assets.
Taiwan’s BLF turns conservative on overseas mandate after record half-year losses

The Bureau of Labor Funds (BLF), Taiwan’s largest pension body overseeing eight pension funds, is showing signs of conservativeness on new global mandates while reporting record half-year losses of 8.66% since its establishment in 2014.

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