Taiwan BLF to up alternative exposure in 2018

The Taiwanese public labour ministry is eyeing more indirect investments in alternatives.

Taiwan Bureau of Labour Fund (BLF) is looking to raise its allocation to alternative investments in 2018.

BLF will explore investments opportunities in a range of real estate sectors in both developing and mature markets. It is looking for new mandates and more follow-on investments with its existing managers.

However, it will not consider direct or co-investment at the moment.

Currently, BLF manages approximately $120 billion assets and allocates around 10.1 percent of its portfolio to alternatives, a sizeable increase from three percent in 2014.

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