Russell Investments earns FRR transition management mandate
Firm’s global transition management team executes transitions for $723 billion in 2017
LONDON, 4 July 2018 – Global asset manager Russell Investments today announced that the French government’s pension plan sponsor FRR (Fonds de réserve pour les retraites) selected the firm for a new global portfolio transition management mandate.
The FRR will leverage Russell Investments Implementation Service Limited to manage portfolios, when assigned, during transition periods. The transition process will include execution of buy and sell orders on financial instruments originating from the FRR’s asset managers.
This mandate is the third-consecutive for Russell Investments since FRR initially hired the firm in 2010.
“Our transition management value proposition is strong, and we’re very pleased to serve the FRR through this renewed mandate,” said Dominique Dorlipo, president, Russell Investments France. “Our clients in France and globally have come to expect consistency in the quality of our service as well as our dedicated team.”
More information on Russell Investments’ transition management capability is available here.
About Russell Investments
With more than 80 years of experience, Russell Investments is a global investment manager, dedicated to helping investors reach their long-term goals. Russell Investments offers investment solutions in 31 countries, manages $298 billion in assets (as of March 31, 2018). Russell Investments specializes in multi-asset solutions, scouring the globe to deliver the best investment strategies, managers and asset classes to its clients around the world.
Headquartered in Seattle, Washington, Russell Investments operates globally with 21 offices, providing investment services in the world’s major financial centers such as New York, London, Tokyo and Shanghai. For more information about how Russell Investments helps to improve financial security for people, visit russellinvestments.com.
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