Taiwan's Public Service Pension Fund issues its first RFPs for global equity based on smart-beta strategies as it eyes low-risk returns. If performance is good it pledges to double the size.
Axa Rosenberg hopes a new smart-beta equity product will re-engage investor interest in its quantitative strategies in the region.
The new strategy invests in large- and mid-cap equities in the US, Europe and Japan, and combines several new features.
A poll of investment professionals around the world says Asia ex-Japan is expected to perform best in 2008 amid higher volatility and a sinking dollar.