FRR hires seven firms to run equity briefs

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FRANCE- The Fonds de réserve pour les retraites (FRR) has doled out €1.1bn (US$1.5bn) in equity mandates to seven managers, though the appointments are a scaled-down version of what the scheme had proposed last year.

The pension fund hired Robeco Institutional Asset Management and Wellington Management International to run a combined €500m in active US value equity. According to a request for proposal issue in ...

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