Inbrief

Vigeo has been selected by the French Pensions Reserve Fund to report on the environmental, social and governance performance of its €13.7billion ($18bn, £9.2bn) European equity fund. The Paris-based rating agency, which last month formally completed its takeover of its Italian counterpart Avanzi SRI Research, will analyse the fund’s European equity portfolios to identify ‘extra-financial opportunities and risks which the fund may be exposed to’.