FRR holding off on bonds as assets reach e24.8bn

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FRANCE - Financial assets at the French pension reserve fund (FRR) have reached e24.8bn, with 29.8% of its assets invested in money market instruments while it bides its time to invest in bonds, the fund has revealed.

The total assets have increased by e1.3bn with a 15.12% increase in performance of mandates invested in marketable securities since the beginning of 2005. Antoine De Salins, member of the board ...

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