Fuji Photo Film's $300m (€256m) US pension fund has dropped Goldman Sachs Asset Management from running a US active large-cap growth equity mandate, citing long-term performance issues.

Carl Gold, vice-president of benefits at Fuji, said: "We had Goldman Sachs under watch for a while but it hasn't been doing anything to impress us since then and we have reallocated the mandate."

Jason Corcoran

Fuji Photo Film

Goldman Sachs

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Goldman out of picture at Fuji

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