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Are your clients in for a shock?
Thursday 9th of October 2014
David Rey, of Strategi, said rising interest rates were starting to be reflected in lower returns in a number of managed funds and direct bond portfolios.
He said, as rates continued to rise over the next year, that could push some fixed interest investments into capital losses.
Rey said advisers whose clients were highly exposed to New Zealand fixed interest should check their cl...
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