What is the primary objective of this $1.6 billion mandate?

The goal is to implement a passive investment strategy in the global bond market to lower costs, improve asset allocation stability, and provide risk diversification for Taiwan’s pension funds.

Which firms were selected for this contract?

The selected firms are DWS International GmbH, Goldman Sachs Asset Management, L.P., State Street Global Advisors Singapore Limited, and UBS Asset Management (Singapore) Ltd.

AI News NQ Analysis

Taiwan Labor Fund Bureau Selects Four Asset Managers for $1.6 Billion Global Bond Mandate

NQ Score 79/100

AI Summary (NQ-processed)

The Bureau of Labor Funds has appointed four international asset managers to oversee a $1.6 billion global passive bond investment mandate for Taiwan’s labor and national pension funds.

AI analysis data is not yet available.

Frequently Asked Questions

Q: What is the primary objective of this $1.6 billion mandate?: A: The goal is to implement a passive investment strategy in the global bond market to lower costs, improve asset allocation stability, and provide risk diversification for Taiwan’s pension funds.
Q: Which firms were selected for this contract?: A: The selected firms are DWS International GmbH, Goldman Sachs Asset Management, L.P., State Street Global Advisors Singapore Limited, and UBS Asset Management (Singapore) Ltd.