Asia Asset Management
Date: 16 July 2018
By: Hui Ching-hoo
Taiwan’s Bureau of Labor Funds (BLF) is looking to shift its asset allocation focus to emerging-market enhanced active strategies, and also raise exposure to environmental, social and governance (ESG) investing, according to two top BLF officials.
BLF Director General Feng-Ching Tsay and Deputy Director General Liu Li-Ju discussed the moves in a recent interview with Asia Asset Management, where they provided an overview of plans to rebalance the portfolio of BLF’s funds and further diversify its ESG approach.
BLF, which supervises Taiwan’s labour pension funds, has focused mainly on developing absolute return strategies over the last three years.
According to Ms. Liu, these strategies are playing an increasingly important role in the current volatile market environment as they can provide more stable long-term returns. [FULL STORY]