FRR mandates return 7.63% in first half

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FRANCE - The French Reserve Fund (FRR) returned 7.63% in the first half of the year, excluding cash.

The overall return on the fund was almost half that, at 4.35% due to a 34.6% allocation to cash. Since launch the FRR has invested 65.4% of its assets. Since 28 June, 2004, the fund returned ...

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