Fairfax Media has confirmed it is conducting a strategic review of its assets, including New Zealand auction website Trade Me, amid pressure from key institutional shareholders to restore its flagging share price. The review of Trade Me and other digital assets is far less advanced than recently announced plans to test the market’s appetite for Fairfax’s radio assets, including Melbourne’s 3AW and Sydney’s 2UE. However, Fairfax was forced to make yesterday’s public disclosure after some New Zealand media reports suggested a float was likely, reports The Australian.