FRR awards €1bn mandate to BGI

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FRANCE - The Fonds de Réserve pour les Retraite (FRR), France's pension reserve fund, has awarded a €1bn (US$1.3bn) European equity mandate to Barclays Global Investors (BGI).

The €35bn fund said the mandate, a passive large and mid cap aimed at replicating a benchmark whose components are weighted by fundamental factors, would run for four years, with the option of a on...

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