FRR AuM up €1bn in Q4

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FRANCE - The €31.1bn French Pension Reserve Fund (FRR) continued its comeback from the "brutal" mid-year market correction as it increased assets under management by €1bn in Q4.

The fund could not match it's third quarter return of €1.5bn though. The result means its assets increased by €4.5bn for the year ended December 31, 2006. "Despite the brutal correction in the s...

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