BLF set to introduce drastic reforms under new chief
Taiwan's Bureau of Labor Funds is expected to thoroughly revise its internal rules as its new chief takes office. The state pension fund will likely invest more in local ETFs too.
Tag : blf
Weekly roundup of people news, Feb 11
BLF chief steps down; Temasek appoints new CEO; EPF replaces CEO; BlackRock names new Asia Pacific head; CIFM appoints new fund manager; M&G hires HK intermediaries head; Amundi creates OCIO division; Schroders names new Australia CEO; BNY Mellon WM closes HK office; HKEX appoints new CEO and more.
BLF’s stricter rules on external managers may backfire
Taiwan’s state pension fund has pledged to regulate external managers more strictly after the bribery scandal, but the additional red tape could turn away some fund houses.
Taiwan’s BLF under fire over bribery scandal
The state pension fund is strengthening internal controls, but experts say more action is needed, such as raising pay for investment staff to make them less susceptible to graft.
BLF invites bids for $3.94b of infra, multi-asset mandates
The Taiwanese state pension fund is inviting fund houses to submit proposals for two major five-year global mandates, as it looks to raise alternatives and rotate out poor performers.
Why Taiwan’s BLF needs more than alts allocations
A rapidly aging society means pension reform is needed as payouts can’t keep up with contributions, says Liu Li-ju of Taiwan’s Bureau of Labor Funds.
