AXA Rosenberg chairman takes leave after coding error

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US - AXA Rosenberg chairman Barr Rosenberg will take a 30-day leave of absence after company officials failed to disclose a coding error that disrupted the quant manager's investment model.

In a letter sent to consultants April 15 and seen by Global Pensions, officials at the US$70bn firm also said director of the firm's research centre Thomas Mead will resign in one year. Chief ex...

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