Pension Fund

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Occupational Hazard Protection Fund

The Occupational Hazard Protection Fund was established on 1 January 2003 under the Ministry of Labor. It operates as one of several employment-related...

Occupational Hazard Protection Fund

The Occupational Hazard Protection Fund was established on 1 January 2003 under the Ministry of Labor. It operates as one of several employment-related insurance vehicles administered by the Bureau of Labor Funds. The fund deploys capital into listed equities, global infrastructure funds, private equity secondaries, and mezzanine strategies. Confirmed holdings include a 322 million USD position in Taiwan Semiconductor Manufacturing Co. and a 85 million USD position in Hon Hai Precision Industry. Geographic exposure spans Taiwan domestic markets and global allocations through limited partnership commitments in infrastructure and private equity vehicles. Assets total 5.373 billion USD. The fund maintains a long-term relationship with State Street Bank as global custodian and added BlackRock, JPMorgan, Allianz, Schroder, and Nomura as external managers in 2024. In October 2024 the Bureau of Labor Funds spoke at the Asia Asset Management Taiwan Institutional Investment Forum on pension fund management, ESG integration, and asset allocation. Management sits within the Bureau of Labor Funds, a government entity reporting to the Ministry of Labor. This structure imposes statutory investment guidelines and public reporting requirements that differ from private pension or family office mandates.

General information

Firm type

Pension Fund

Year founded

2003

Location

Region

Asia

Country

Taiwan

City

Taipei

Corporate office

10/F, No.6, Section 1, Roosevelt Road, Zhongzheng District, Taipei, Taiwan

Sector focus

DiversifiedReal EstateInfrastructure

Frequently asked questions

Who oversees investment decisions at the Occupational Hazard Protection Fund?

The Bureau of Labor Funds manages day-to-day investment decisions under statutory guidelines set by the Ministry of Labor.

Does the fund commit to external managers or hold assets directly?

The fund acts as a limited partner in global infrastructure and private equity funds while also maintaining direct public equity positions in Taiwanese issuers.

What asset classes receive the largest allocations?

Public equities, infrastructure, private equity secondaries, and sustainable real estate securities form the core allocation mix.

How is the fund related to the Bureau of Labor Funds?

The Occupational Hazard Protection Fund is one of the employment insurance vehicles directly administered by the Bureau of Labor Funds.

What recent external manager appointments have been disclosed?

BlackRock, JPMorgan Asset Management, Allianz Global Investors, Schroder Investment Management, and Nomura Asset Management were appointed in 2024.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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