The pension fund is asking managers to pitch for three fixed income mandates – its first in over four years – predominantly to invest in global investment grade corporate bonds.
Taiwan’s Public Service Pension Fund lists the managers who have failed to hit target returns, with chairman Chang Che-shen acknowledging the benchmarks may be too tough.
Taiwan's civil-servant pension fund unveils the four winners of its latest overseas mandates, worth an aggregate $900 million, and reports investment results for its latest quarter.