FRR re-tenders 18% of portfolio

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FRANCE - The French Pension Reserve Fund (FRR) has tendered one stand-by and five asset management mandates worth €5.8bn, or 18.5% of the portfolio.

FRR explained the aim was to renew existing mandates that were set to expire this year. The fund said three mandates would be awarded for passive management of eurozone large-cap equity portfoli...

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