France’s FRR Seeks Passive Global Manager

Posted on 01/30/2014

France’s Fonds de réserve pour les retraites (FRR) is seeking a passive global manager. Translated in English to the French Pensions Reserve Fund, the passive mandate will be across all asset classes. The €36.6 billion public fund manager’s contract with Amundi, a global asset manager, will expire in September.[private_standard] Back in 2011, the FRR hired […]