France

FRANCE - Société Générale has posted its third quarter results, showing sub-prime related losses and poor performance as a result of the turbulent summer in the asset management division, but an over all increase in assets under management.

FRANCE - The Fonds de Réserve pour les Retraites (FRR) has attributed its its positive results over the past months to tactical allocation.

FRANCE - Transport has largely returned to normal as strikes over pension reforms which effectively paralysed the capital and surrounding regions largely subsided.

FRANCE - Commuters in Paris and other major French cities were faced with massive disruptions to their journeys today, as the long threatened transport strike over pension reforms finally went ahead.

FRANCE - The Fonds de Réserve pour les Retraites has launched a selection process aiming to award two mandates for passive replication of commodities indices.

FINLAND - Standard Life Investments (SLI) has signed an agreement with Aktia, the Finnish Savings Bank, to distribute its Global REIT Focus Fund in Finland.

FRANCE - Prime minister Fillon reaffirmed his commitment to align pension benefits for all French citizens by 2012.

FRANCE - Five rail unions have announced plans to strike on October 18 in protest against proposed pension reforms.

FRANCE - French president Nicolas Sarkozy's long awaited announcement on pension reform has been met with harsh criticism by some trade unions who claimed it was unfeasible

FRANCE - The €31.8bn Fonds de Réserve pour les Retraites (FRR) has renewed State Street Global Advisors' (SSgA) currency mandate.