Georgia-Pacific Nederland BV, Cuijk, Netherlands, hired AXA Investment...

Georgia-Pacific Nederland BV, Cuijk, Netherlands, hired AXA Investment Managers to run all €52 million ($63.3 million) of the firm's Stichting Celtona pension fund in a balanced portfolio, said Steve Church, a spokesman for parent Georgia-Pacific Corp., Atlanta. Seventy-five percent of the money will be invested in bonds and 25% in equities, mainly international large cap, he said. The previous manager was terminated because of recent performance, Mr. Church said, but he declined to identify the firm. No additional information was available. Hewitt Associates assisted with the shortlist search.