FRANCE - The €31.8bn Fonds de Réserve pour les Retraites (FRR) has renewed State Street Global Advisors' (SSgA) currency mandate.
SSgA is to manage the French fund’s currency risk with the additional task of implementing its tactical asset allocation.
The FRR launched the search when SSgA’s original contract ran out in June.
SSgA has taken on the contract for a period of two years, with the possibility of a one-off renewal.
In August 2007, the FRR appointed Nicolas Sobczak, a former executive director at Goldman Sachs, as CIO following the departure of Jean-Louis Nakamura.
The Pensions Regulator (TPR) and Labour MP Stephen Kinnock and will listen to the experiences of steelworkers when transferring their pensions away from the British Steel Pension Scheme (BSPS) next week in Port Talbot.
Just Group has acquired a 75% stake in the holding company of Corinthian Pension Consulting in a bid to strengthen its professional defined benefit (DB) advisory services.
The Pensions Regulator (TPR) has exercised its production order power under the Proceeds of Crime Act 2002 for the very first time as part of a fraud investigation.
The ITN Limited Pension Scheme has named Trafalgar House as its administrator for an initial term of five years.