Taiwan’s Bureau of Labor Insurance is seeking five fund managers to manage a domestic portfolio with a wide range of permitted asset classes.
Tag : bureau of labour insurance
Taiwan's Bureau of Labour Insurance picks BNY Mellon for a $1 billion custody and admin mandate, and may add an external manager for its growing overseas investments.
The Bureau of Labour Insurance will select just one custodian bank for the renewable five-year contract as it looks to broaden its international asset allocation.
The Bureau of Labor Insurance names MFS, BlackRock and Amundi to manage $200 million each. They were selected on the strength of their developed market expertise.
The Bureau of Labour Insurance continues to outsource its overseas investments with three new mandates totalling $600 million.
The Bureau of Labour Insurance resets the way it approaches investments in order to resolve its current crisis in funding gaps and cashflow issues.
Three $200 million mandates are up for grabs. The portfolios will be benchmarked to the Barclays Capital Global Aggregate index.