FRR gives a €1.5bn fixed income mandate

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FRANCE - The Fonds de Réserve pour les Retraites has hired five managers to run a total of around €1.5bn (US$2.1bn) in fixed income mandates.

The managers selected - AXA IM Paris, BlackRock International, Conning AM, Deutsche AM International, Schroder IM - will actively manage investment grade credit denominated in US dollars. This r...

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