Taiwan’s Public Service Pension Fund strengthens ESG push via second mandate
Though its first global ESG equity mandate has recorded an 11% loss since 2021, the pension fund is sticking to its long-term ESG goal.
Taiwan’s fourth largest pension fund - the Public Service Pension Fund (PSPF) - is strengthening the ESG focus of its outsourced assets, selecting four fund managers for a $1 billion global ESG equity mandate.
This marks the second ESG mandate for the Taiwan pension fund following a global high quality ESG equity mandate starting September 2021, bringing its total outsourced ESG investment to $1.4 billion.
The four managers selected for the new ESG mandate are Schroder Investmen…
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