FRANCE - The eur16bn French pensions reserve fund, FRR (Fonds de Réserve pour les Retraites) will select an overlay manager to advise on tactical asset allocation and currency exposure by the end of the month, officials said.
“It is true that 24% of our assets are non-euro denominated,” said Francis Mayer, the president of FRR’s executive board. “Therefore our consultants have advised us that we should cover this exposu...
To continue reading this article...
Join Professional Pensions
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date
