FRR terminates €331m SGAM mandate (update)

By 2006-11-08T09:59:04

FRANCE – The FRR, the €29bn French Pensions Reserve Fund or Fonds de Reserve Pour Les Retraites, has terminated a €331.5m US mid-cap equities mandate with Société Générale Asset Management subsidiary TCW due to “ongoing unsatisfactory performance” (Updates with SGAM comment).

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