October 2012 Vol. 17 No. 10
Taiwan’s LIF announces solid gains
Category: Asia, Taiwan
By Hui Ching-hoo
Taiwan’s Labor Insurance Fund (LIF) announced on September 25 that foreign fixed income and equities managers PIMCO, Alliance Bernstein, and Wellington, all with pension funds mandated in November 2009, saw accumulated pension profits rise to US$434 million, for a gain of 24.12%, as of end-August.
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