Taiwan's biggest pension fund to add alternative investments

TAIPEI: Taiwan’s biggest pension fund has been doing better in recent years than the largest pension fund in the United States and seeks to keep its edge by boosting investments in alternative products and domestic equities.

The government-controlled Labor Fund, with NT$2.5 trillion (US$83.3bil) in assets, would put an additional NT$110bil into alternative investments in 2015 from NT$50bil now, director general Huang Chaohsi of the Bureau of Labor Funds said yesterday.