FRANCE - France's reserve fund the Fonds de Réserve (FRR) pour les Retraites has terminated Dexia Asset Management from a socially responsible investment (SRI) mandate due to poor performance.
FRR said it hired Dexia in July 2006 to run a portfolio of European equities invested using an SRI strategy. The pension reserve fund said Dexia's assets have been transferred to the scheme's ot...
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