Fonds de Reserve pour les Retraites has re-appointed State Street Global Advisors (SSgA) as its currency overlay manager, Pensions & Investments reports. The fund performed the search as SSgA’s contract was due to expire in 2011.
SSgA was selected as part of a request for proposal (RFP) process, which started on Oct. 22, 2010. Fonds de Reserve pour les Retraites is a Paris-based €37.4 billion sovereign wealth fund.
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