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Get better information from your fund manager: Berry
Friday 26th of June 2015
A falling Kiwi dollar is pushing up the returns of unhedged international investments.
AMP, Pathfinder and OneAnswer all reported 6% to 8% increases in their global share funds in May. Fund managers who are fully hedged rose only up to 2% over the same period.
John Berry, of Pathfinder, said reducing currency hedging, particularly against the USD, was essential for fund managers i...
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