Transition mgmt, currency, tactical overlay eyed by FRR

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FRANCE - France's nascent pensions reserve fund, FRR (Fonds de Réserve pour les Retraites), is looking to tender for firms to oversee transition management, and exposure to both benchmark and currency risk.

Any tenders will complement additional FRR money up for grabs which involves 27 investment mandates, and 12 standby mandates spread over 12 asset classes. A long-list of managers was expected by t...

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