NZ Super terminates Devon Funds mandate
Devon had held a New Zealand active equities mandate since 2011, managing assets worth $202m.
The NZ Superannuation Fund has ended a 13-year relationship with Devon Funds Management.
NZ Super made the announcement in a brief statement today, saying it had “terminated Devon Funds Management’s New Zealand active equities mandate”.
Devon was first appointed in 2011 and as at June 30, 2024,
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