The state pension fund aims to invite bids for the two mandates by the end of the year to raise its alt exposure and replace underperforming managers, AsianInvestor can reveal.
The Taiwan state pension fund is keen to hire five fund managers for the portfolio this year after the coronavirus pandemic delayed its plans.
In the second part of our top fund managers by market explanations, we reveal why we chose half of this year's fund manager by market winners.
We describe why each of this year's top fund managers by Asia market stood out from their peers.
The island's bond ETF volumes have shot up over the past two years but they are likely to level off as new rules combine with less risk appetite among leading life insurers.
The desire of Taiwanese life insurers to invest in exchange-traded funds based on offshore bonds is still very strong, despite regulator efforts to diminish it.
Taiwan’s insurers have ploughed assets into the fixed-income products despite increasing risk charges and stricter investment rules. Cathay Life has been one of the most aggressive.
Armed with a strong capital position, Taiwan’s biggest insurer is analysing investment targets as it looks ahead to prepare for a post-pandemic market recovery.
The second-largest life insurer in Taiwan cuts its allocation to China bonds and raises its exposure to North America.
As markets continue to gyrate, some of the island's larger insurers have sought to take advantage while smaller players are struggling with weaker capital positions.
The largest lifer in Taiwan is confident that it can buffer volatility in the equity market and will pay attention to good investment opportunities in domestic stocks.
The US-based life insurer has said it might leave the Taiwan market. If it does so, it will follow in the wake of other foreign players such as ING and AIG.
Tsai Ing-wen, who was re-elected to a second presidential term last weekend, should take the bull by the horns and further improve the island's pension system over the next four years.
Instead of using an iron fist approach to incorporate ESG principles, Cathay Financial’s CIO shows how it can be done through both internal and external engagement.
The island's insurers have increasingly invested into the assets, but this will likely hit a plateau as the local regulator introduces an additional capital charge for currency risks.
Taiwan wants to lure wealthy investors' capital from Singapore and above all Hong Kong but it ideally needs lower tax rates to do so, says a senior local regulator.
With new rules coming into force soon that will likely curb the Taiwan insurance industry's appetite for bond ETFs, Cathay has pressed ahead before it is affected.
The pension fund intends to split the domestic portfolio between four asset managers. It explained to AsianInvestor why it is employing an absolute-return strategy to do so.
The FSC exclusively told AsianInvestor that it intends to divide the capital structure of local insurers into two tiers. Analysts believe this will make them more prudent investors.
Nine foreign fund firms are included in this year's preferential scheme, but is it discouraging product innovation and hurting investor interests?