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.
The big Chinese insurer is about to fund its first global multi-asset portfolio, as chief investment officer Ben Deng continues a strategy revamp and eyes more foreign exposure.
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 $125 billion state fund is seeking managers for 15 mandates for its first overseas absolute-return equity portfolios, as it seeks to counter expected volatility in global markets.
The $19 billion Public Service Pension Fund has invited pitches for its first global total-return fixed-income mandates. Four managers will each get $200 million.
The $126 billion state pension fund will hand out the new overseas-focused mandate in mid-November, amid rising volatility in global markets.