Taiwan’s Private School Fund assets grew 3.8% through the first two months of this year as the pension fund allocated more to the US and Japanese markets and raised exposure to artificial intelligence stocks.
The three investment options – aggressive, steady growth and conservative – in its member choice platform had NT$95.9 billion (US$3.04 billion) of assets at the end of February, up from NT$92.37 at the end of 2025, according to figures compiled by the Private School Fund for Asia Asset Management.
The conservative strategy recorded the best performance with assets up 8.6%, outpacing the aggressive and steady growth strategies which increased 2.7% and 2.1%, respectively.
“Considering the long-term trends of artificial intelligence and regional fundamentals, the fund has increased its focus on the US and Japanese stock markets, as well as Asia Pacific markets with higher correlation to the artificial intelligence supply chain,” a fund spokesperson tells AAM.
She says that given global geopolitical uncertainties, it’s prudent for the fund to enter the market on a gradual basis, with a particular focus on AI-related and high-quality growth stocks.
She also says the fund has reduced holdings of government bonds and raised exposure to investment-grade and high-yield bonds in order to “capitalise on the relatively more attractive credit spreads compared to government bonds, and balance income stability and risk control”.
The Private School Fund is a defined-contribution pension plan covering 51,000 private school teachers.
