France’s FRR eyes EM shares, different Asia approaches

France’s Fonds de Réserve pour les Retraites (FRR) plans to raise its exposure to emerging markets equity and is open to new ways of investing in Asia, although it has hit the limit on its allocation to return-seeking assets – namely, 55% of its €36 billion ($41 billion) portfolio. Like other asset owners faced with today’s uncertain and volatile markets, the pension reserve fund currently is strongly focused on diversifying its portfolio. However, its exposure to Asia is still …