Taiwan fund aims to increase foreign investment

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TAIWAN - Taiwan's US$7.2bn Public Service Pension Fund (PSPF) is preparing to tender for an investment consultant to advise on further international diversification of the fund.

“In the long-run, we are trying to be globalised step by step,” said PSPF auditor Michael Chen. “It means we will gradually increase the foreign investment instead of the domestic one and make them...

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