Mandate roundup: FRR, BlackRock, Merseyside, PAAMCO

By 2010-11-17T14:45:00

Mandate roundup: FRR, BlackRock, Merseyside, PAAMCO

EUROPE – The Fonds de Réserve pour les Retraites (FRR) has sacked BlackRock Asset Management, which ran a US small cap equity mandate on the fund’s behalf. The mandate, worth worth €478m as at 1 November 2010, accounts for 1.4% of the FRR’s €35.7bn-worth portfolio.

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