The responsiveness and dynamism of the FRR
encourages the development of sustainable finance

The FRR's role

The pensions reforms introduced in 2010 have significantly changed the FRR’s investment objectives.

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Letter from the Chairmen

During 2012, despite the payment of EUR 2.1 billion to the CADES (Caisse d’Amortissement de la Dette Sociale), the FRR’s net assets increased by EUR 1.5 billion to EUR 36.6 billion at 31 December. This highly satisfactory result was mainly due to the quality of its strategic asset allocation and the favourable impact of interest rates fall on bond valuations...

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Rapport

Annual Report

2012 - A new investment model

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