The Paris-based blue-collar state pension fund, Association des Regimes de Retraite Complementaires (ARRCO), is putting FFR8bn of its FFR80bn assets out to tender.
The FFR8bn portion is currently held by six external managers -- Credit Lyonnais, BNP, Societe Generale, CPR (a subsidiary of Credit Agricole), CCF, and CDC (a French public bank). Director of t...
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