FRR appoints raft of new managers for e10bn mandates

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

Barclays Global Investors, Crédit Lyonnais Asset Management and Vanguard Investments Europe have been hired to run a passive large capitalisation eurozone equity portfolio. The size of each mandate...

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