Taiwan fulfils global mandates worth $2 billion
The Labour Pension Fund is getting ready to hand out another $882 million in additional mandates to managers.
Taiwan's Labour Pension Fund has just completed the funding for $2 billion worth of global enhanced equities and global enhanced fixed-income mandates issued to six investment managers, according to Lee Ruej-ji, vice-chairwoman of the supervisory board of the fund.
BGI picked up two mandates for global enhanced equities under both the 'Old' and 'New' system of the fund this time. Other equity mandate winners were JPMorgan and Deutsche Asset Management.
Bond manager Pimco scored two …
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