NZ fires AXA from long/short and small-cap portfolios

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NEW ZEALAND - The New Zealand Superannuation Fund has fired AXA Rosenberg from a long-short and a small-cap equity mandate, the scheme said today.

The firm was hired for the long-short mandate in 2006 and for the small-cap portfolio in 2004. New Zealand super said: "This decision does not affect the New Zealand Superannuation Fund's strate...

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