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Taiwan’s Public Service Pension Fund (PSPF) posted an investment gain of NT$34.47 billion (US$1.24 billion) in the first quarter, translating into a year-on-year return of 5.35%.
It was a turnaround from the NT$61.3 billion investment loss in the first three months of 2020 amid the global market sell-off at the onset of the coronavirus pandemic, when it suffered a 10.42% year-on-year loss.
The fund’s performance has been improving since the second half of last year as markets rallied in the wake of monetary easing by global central banks, but it warned that concerns about inflation have sparked greater volatility.
The first-quarter investment gain drove the fund’s total assets up to NT$678.29 billion as of March 2021 from NT$640.2 billion at the end of last year. ....

Huang Jong Tsun , Taiwan Public Service Pension Fund , Public Service Pension Fund , Examination Yuan , ஹுவாங் ஜாங் ட்சுங் , டைவாந் பொது சேவை ஓய்வூதியம் நிதி , பொது சேவை ஓய்வூதியம் நிதி , தேர்வு யுவான் ,