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 pension fund is considering issuing new mandates to external managers this year, as it attempts to diversify its holdings by increasing its investments in international equities.
The Public Service Pension Fund is seeking managers for six domestic equity portfolios, after handing out eight global equity mandates this year.
The Taiwanese pension fund is inviting fund managers to submit proposals for global real estate equity and infrastructure equity mandates.