FRR plans to allocate 10% to alternatives

clock •

FRANCE - An investment policy outline issued by the e27.7bn FRR (Fonds de Réserve pour les Retraites, French Pensions Reserve Fund) could see 10% of the portfolio allocated to commodities, private equity, infrastructure and real estate.

These would be new investments for the fund, except for the proposed allocation to private equity. The FRR launched a e1.5bn private equity programme in December 2005 which would be included within...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on France

France

Alcatel-Lucent funding status drops into the red

FRANCE - Alcatel-Lucent reported a pension and other post employment benefit (OPEB) deficit of €1.2bn ($1.7bn) in the third quarter down from an overfunding of €49m at the end of June.

Raquel Pichardo-Allison
clock 04 November 2011 •
France

FRR's funding ratio drops

FRANCE - The Fonds de reserve pour les retraites' funding ratio fell to 132%, dropping 11 percentage points from June's value due to decreasing interest rates on 10-year bonds.

Jaishree Kalia
clock 21 October 2011 •
France

Global SWFs discuss contributions to global growth

FRANCE - Global sovereign wealth funds with over $9trn in assets are meeting to discuss ways to boost global economic growth, including the potential use of new financial instruments like "loyalty shares" or "capital access bonds".

Jaishree Kalia
clock 18 October 2011 •
Trustpilot