News: Taiwan's BLF excludes mainland China in new overseas mandates

Taiwan’s Bureau of Labor Funds (BLF) has started to exclude China while designing indices for new overseas mandates.  It also clarified that it has very low and in-direct mainland China and Russia exposure in its overall portfolio. “BLF has taken the initiative to effectively avoid relevant investment risks. Indexes of new overseas investment mandates have all excluded mainland China,” Deputy Director General Liu Li-ju said in a statement released August 4. The statement did n…