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NZ Super awards first merger arb mandate

Richard Newell
Matt Whineray, chief investment officer of the New Zealand Superannuation Fund, says the $200 million strategy fits well with its long-term growth approach.
NZ Super awards first merger arb mandate

New Zealand Superannuation Fund has appointed a subsidiary of Ramius, the investment arm of US financial services firm Cowen Group, to manage a $200 million merger arbitrage mandate, effective from March 1.

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