News

Generating high yields

Thursday 17th of July 2003
High yield funds using collateralised debt obligations (CDO) are becoming the latest “fad” in the market. Macquarie has launched one yesterday and ABN Amro Craigs are due to announce one on Friday.

ING rolled one out a month ago and NZ Funds Management already has such a fund in the market place.

Macquarie’s Generator Bonds offer New Zealand investors the highest return currently available...

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