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AMP looks at local bonds

Wednesday 9th of February 2005
The company is also reducing its currency hedging in expectation of a slip in the New Zealand dollar and it has its global property holdings “under the spotlight”.

“We’re not retreating into defensive assets,” says chief investment officer Tore Hayward.

The slowdown will be relative to the rest of the world and the resulting downward shift in interest rates locally is going to make New Ze...

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