HONG KONG : Taiwan's largest pension fund is seeking to hire global asset managers to run a bond portfolio totalling $3 billion. The Bureau of Labour Funds, administering $5.8 trillion ($190 billion) worth of Taiwanese pension assets, started to look for six foreign asset managers on Tuesday, the fund said in a statement. Each of the hired managers will be awarded $500 million in assets to run, the pension said, and will have to adopt a total-return bond strategy.

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