Why AMP Capital lost its superfund mandate
Yesterday AMP Capital could be seen reducing its holdings in several NZX-listed stocks after losing its mandate with the Cullen Fund.
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AMP Capital’s mandate to manage active equities for the New Zealand Superannuation Fund has been terminated, effective immediately, but parties are staying mute as to why the decision was made.
The Guardians of New Zealand Superannuation, which manages the $26 billion fund to grow New Zealanders’
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Calida Smylie
Tue, 04 Nov 2014
Tue, 04 Nov 2014
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Why AMP Capital lost its superfund mandate
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