Taiwan's PSPF funds billions in new mandates

May 21, 2009

Only 10 fund houses bid in this round of domestic mandates worth a total of NT$24 billion. Six were picked.

The Public Service Pension Fund (PSPF), the $10.95 billion pension fund for Taiwan's 191,000 current and retired civil servants, has announced the results of its latest outsourcing of domestic mandates-- worth a total of NT$24 billion ($732 million).

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