France

FRANCE - IXIS Asset Management has been put under watch by Fitch because of the planned merger of its parent company Groupe Caisse d'Epargne with Groupe Banque Populaire.

FRANCE - An investment policy outline issued by the e27.7bn FRR (Fonds de Réserve pour les Retraites, French Pensions Reserve Fund) could see 10% of the portfolio allocated to commodities, private equity, infrastructure and real estate.

FRANCE - Credit Agricole has attributed new asset management inflows of e22.7bn in the first quarter of 2006, in part, to its specialised institutional funds, the VaR range.

FRANCE - The FRR (Fonds de Réserve pour les Retraites, French Pensions Reserve Fund) posted a 4.3% return for the first quarter of 2006 with assets rising to e28.1bn.

FRANCE - The FRR (Fonds de Réserve pour les Retraites, French Pensions Reserve Fund) has awarded Socially Responsible Investment (SRI) mandates worth e600m to five asset management firms.

FRANCE - The FRR (Fonds de Réserve pour les Retraites, French Pensions Reserve Fund) has re-tendered a transition broker mandate currently held by Goldman Sachs at a transaction volume of e16bn.

FRANCE - Aberdeen Property Investors is set to establish a French office in a bid to expand its European strategy.

FRANCE - The French reserve fund FRR (Fonds de Réserve pour les Retraites) has revealed a performance of 12.5% net of fees from its total asset allocation during 2005, and 15.7% since the fund was established in April 2003.

FRANCE - The French National Reserve Fund (FRR) board has launched a process to select managers for a private equity programme.

FRANCE - The Fonds de Réserve pour les Retraites (FRR) has compiled a shortlist of managers for six mandates worth a total e600m using socially responsible investment (SRI) criteria. These include five European equities mandates plus one standby brief....