Tag : pspf

AustralianSuper will double its staff in London and grow New York office to 80; Taiwan's Public Service Pension Fund to put great emphasis on ESG in manager selection; GPIF publishes list of companies with "excellent TCFD disclosures"; Nippon Life Insurance sets 2030 interim targets for greenhouse gas emission reduction in the investment portfolio; and more.

Taiwan's largest pension is taking a conservative approach in the current Covid climate, announcing fewer new mandates and potentially delaying renewals to maturing ones.

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.

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 proposed lengthening of its external mandates will make it easier to invest in private equity. The Taiwan pension fund isn't raring to take advantage though.

The domestic portfolio will be split among six managers and issued early next year now that valuations are below their historical averages. Timings will be dictated by global conditions.

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 Taiwan pension fund is not planning to use currency derivatives to counter US dollar volatility, despite some of its board advisers suggesting it should do so.

The Bureau of Labor Funds has invited bids for $2.4 billion in domestic mandates, while the Public Service Pension Fund has handed $600 million to three foreign asset managers.

The $18.6 billion Public Service Pension Fund has invited pitches for its first global multi-asset portfolios. Three managers will manage a total of $600 million.

The $17.5 billion Public Service Pension Fund has invited asset managers to bid for six domestic equity mandates, its first move to outsource investments since late 2014.

The Public Service Pension Fund is seeking managers for six domestic equity portfolios, after handing out eight global equity mandates this year.