PSPF issues RFPs for mandates totalling $600 million

Taiwan’s Public Service Pension Fund has issued an invitation to firms to submit proposals for global infrastructure equity and global real estate equity mandates, according to an announcement posted on its official website. PSPF will choose two managers for each asset class, with each of the managers receiving a $150 million mandate. The mandates will be for five-year terms and the target return is 100bp net investment return above the benchmark. Fund managers would be required t…