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FRR Exec Director To Join Groupama

Fonds de réserve pour les retraites executive director Antoine de Salins has stepped down to join Groupama Asset Management.

    Fonds de réserve pour les retraites(FRR) executive directorAntoine de Salinshas stepped down to joinGroupama Asset Management,Financial Newsreports. De Salins has been named CIO at the €92 billion asset manager.

    He will succeedRomain Boscher, who recently joinedAmundias CIO and global head of equities. FRR will become a third-party manager to its own assets and lower its 40% allocation to equities in favor of cash and short-term government bonds.

    Click here for the story fromFinancial News.

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