The public pension fund reserve saw AUM top Rmb1 trillion after a local government mandate and healthy returns. If it continues to diversify, it's expected to raise mandated assets.
Tag : mandates
With regulations set to be eased to allow Taiwanese insurers to invest lower down the global bond spectrum, Daniel Teng of Cathay Life says it may capitalise, but will need external help.
Taiwan’s Public Service Pension Fund is seeking managers for five domestic mandates, each worth NT$5 billion.
Taiwan’s Bureau of Labor Insurance is seeking five fund managers to manage a domestic portfolio with a wide range of permitted asset classes.
The state retirement fund will select a foreign investment consultant to advise it on an upcoming batch of alternative, equity and bond mandates.
They are asking for long-term performance, but changing managers on short-term results. Nevertheless, Cerulli’s Ken Yap sees emerging opportunities for serving Asian institutions.
Japan’s Government Pension Investment Fund is managing the majority of its assets internally, with some fund managers losing ground and others increasing the value of their mandates.
Legg Mason's Esemplia, Morgan Stanley Investment Management and Vontobel will each run a $250 million global emerging-market portfolio, the state entity’s first GEM mandates.
Mercer carried out fewer investment-manager searches in Asia last year, but placed 33% more assets in the region.
The Taiwanese pension fund is inviting pitches for its first three emerging-market equity mandates, worth a total of $750 million.
The Malaysian firm is pitching for more institutional mandates and hopes to benefit from money contributed to the state-run Employees Provident Fund being shifted into unit trusts.
Weary of recent corruption charges, the civil servantsÆ pension fund is capping the maximum number of accounts that managers can get from the fund.