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Equities rally 'surprise'

Tuesday 4th of March 2014

Its survey, which included fund managers ANZ, BT, First NZ Capital, Fisher Funds, Devon Funds Management and Harbour Asset Management, found the New Zealand equities manager average for 2013 was a return of 25.5%, compared to a NZX50 gross standard of 17.9%.

That was down slightly from 2012’s manager average of 28.1% but higher than the manager average for Australasian equities, at 19.5%...

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