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Fees eroding risk premium: Researchers
Friday 13th of April 2018
AUT researchers have used market data back to 1899 to determine that a fair equity risk premium for New Zealand investors to expect over the long term is 4.76%.
That means that investors with money in equities should expect to have a return that is 4.76%per year higher than 10-year government bond yields.
They said using information over such a long period made their work more rob...
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