FRR reverses Q1 gains

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FRANCE - The Fonds de Réserve Pour les Retraites was down 4.2% in the second quarter, reversing gains in the first three months of the year.

The FRR said its return on investments was -1.7% for the first half of 2010, after a positive return of 2.3% in the first quarter. "The second quarter was characterised by highly volatile intere...

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