FRR appoints 12 new managers to run e4.12bn

clock •

FRANCE - The giant e16bn French Pensions Reserve Fund (FRR) has appointed 12 new external managers to manage four mandates worth e4.12bn.

This is the second phase in the selection process and brings the number of external managers retained by the FRR to 28, for a total of e14.12bn in mandates awarded. The fund has hired AXA Invest...

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