The Fonds de Réserve pour les Retraites (FRR) is a public administrative establishment created by law on 17 July 2001. Its mission is to invest funds entrusted to it by the public authorities on behalf of the community with the aim of financing the pension system. • Its investment policy is to optimize returns on the investments it makes as prudently as possible. Its policy must be consistent with those collective values that are designed to promote balanced economic, social and environmental development.
France
$23
9.7
Salwa Boussoukaya-Nasr (Executive Director), Eric Lombard (President of Executive Board)
Pierre-Olivier Billard
Sandrine Lemery
10.6% European Equities
8.3% Non-European Developed Market Equities
5.2% Emerging Market Equities
7.45% Unlisted Assets, Share of Non-hedged Equities
9.4% Developed Market Option-hedged Equities
10.6% High Yield Corporate Bonds in Euros
8.1% High Yield Corporate Bonds in Dollars
7.5% Emerging Market Bonds
3.1% Unlisted Assets, Share of Intermediate Risk Assets
10.8% Investment Grade Corporate Bonds in Euros
6.8% Investment Grade Corporate Bonds in Dollars
8.4% Liabilities Matching
0.5% Liquid Assets
3.25% Unlisted Assets, Share of Hedging Assets
Asset allocation as of December 31, 2023. All information is as per the most recent annual report or other publicly available data via the fund's website
