News

Milford suspension appropriate: NZSF

Friday 1st of May 2015

Last month, Milford had a $281 million mandate New Zealand active equity mandate suspended while it is investigated for alleged market manipulation.

NZ Super Fund has been managing the funds internally since.

Spokeswoman Catherine Etheredge said the investment management agreement would remain in place with Milford. “We continue to monitor the situation and update our view of the...

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