France

FRANCE - The eur16bn French pensions reserve fund, FRR (Fonds de Réserve pour les Retraites) will select an overlay manager to advise on tactical asset allocation and currency exposure by the end of the month, officials said.

FRANCE - The massive e16bn French Pensions Reserve Fund (FRR) has awarded a transition manager mandate to Goldman Sachs for a period of three years.

FRANCE - New style voluntary pension plans in France - the Plan d'epargne de retraite populaire (PERP) has received the legislative seal of approval.

FRANCE - The e16bn French Pensions Reserve fund (FRR) is tendering for a consultant to provide "best execution" of its mandates.

FRANCE - The giant e16bn French Pensions Reserve Fund (FRR) has appointed 12 new external managers to manage four mandates worth e4.12bn.

FRANCE - BNP Paribas Asset Management has acquired the $650m (e534m) Javelin fund of hedge funds from ZCM Investor Capital, a US-based subsidiary of Zurich Financial Services, for an undisclosed amount.

FRANCE - The massive e16bn French Pensions Reserve Fund (FRR) has appointed 16 new external investment managers for four lots amounting to e10bn.

FRANCE - The giant e16bn French Pensions Reserve fund (FRR) has appointed KPMG SA and Constantin & Associés as its auditors.

FRANCE - The e16bn Fonds de Reserve pour les Retraites (FRR) said that it would concentrate its socially responsible investment (SRI) approach initially on eurozone and non-euro Europe large cap equities mandates worth around e3bn.

FRANCE - The e16bn Fonds de Reserve pour les Retraites is tendering for a transition broker and an overlay manager.