Fidelity replaces Nicholas-Applegate for US equity brief

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Ohio's Police and Fire Pension Fund replaced Nicholas-Applegate with Fidelity Management Trust to run a $150m active US small/mid cap equity brief.

Fidelity will be the $8.9bn US based pension fund’s third US small/mid cap equity manager. The other two managers are Harris Investment Management, which has a $230m mandate and Fleet Investment Ad...

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