News

BNZ finds value in its Templeton relationship

Tuesday 2nd of November 2004

Like any lasting marriage there have been tense moments during the relationship. With these two it was back in 1999-2000 when the markets had a huge growth phase on the back of the tech boom.

While Templeton was still making money, its performance was 10-15 points behind the index. BNZ, at the time seriously considered sacking Templeton, or at t...

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