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 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.
Three $200 million mandates are up for grabs. The portfolios will be benchmarked to the Barclays Capital Global Aggregate index.