FRANCE – The €19.6bn Fonds de Réserve pour les Retraites, the French Pensions Reserve Fund, is planning to meet asset managers about socially responsible investing later this month.
It said: “The FRR hereby confirms that it intends to launch a request for SRI equity management proposals by early July at the latest.” It will hold an “informational meeting” on June 28 in Paris.
“During this meeting, which is open to all asset management firms interested in submitting a proposal for consideration, the objectives pursued by the FRR as well as related operating procedures will be discussed.”
Firms are only allowed one representative each at the meeting and must register by June 24.
In March the fund said it was looking to select consultants to help it select asset managers for socially responsible investment and private equity mandates.