FRR awards responsible Japanese-equity mandate to Lombard Odier Funds Europe

France's Fonds de Réserve pour les Retraites selected Lombard Odier Funds (Europe) S.A., with Alpha Japan Asset Advisors as delegated investment manager, for an active responsible Japanese-equity blend mandate. FIL Gestion and Nomura Asset Management Europe were the other selected managers. The procurement covers five years with an optional one-year extension; the public contract register dates the award to 17 February 2025. The EUR 400 million figure is an indicative average for the procurement and is not assigned to Lombard Odier's mandate. The appointment belongs to the Luxembourg management company, not the Swiss parent bank. It is an investment-management engagement, not a banking advisory mandate or parent LP commitment.