Taiwan’s Labor Fund to invest S2.3bn in foreign climate-linked strategies
Taiwan’s Taipei-based Bureau of Labor Fund (BLF) is in the market for up to 10 active managers for debut investments aggregating up to S$2.3 billion ($1.68 billion) in climate-linked investment strategies. The mandates will represent BLF's inaugural overseas discretionary investments.
BLF, a government agency established by Taiwan's Ministry of Labor to manage the planning and utilization of various labor funds, currently has about $198 billion in assets under management. The agency was created following the 2014 merger of the nation’s Labor Pension Fund Supervisory Committee and the Bureau . . .
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