MAX BISECTION might be harder to approximate than MAX CUT

The MAX BISECTION problem seeks a maximum-size cut that evenly divides the vertices of a given undirected graph. An open problem raised by Austrin, Benabbas, and Georgiou [SODA'13, TALG'16] is whether MAX BISECTION can be approximated as well as MAX CUT, i.e., to within $\alpha_{\mathrm{GW}} \approx 0.8785672\ldots$, which is the approximation ratio achieved by the celebrated Goemans-Williamson algorithm for MAX CUT, which is best possible assuming the Unique Games Conjecture (UGC). They conjectured that the answer is yes.