News

Investor confidence takes a hit

Monday 15th of October 2007
Investor confidence has, not surprisingly, taken a hit in the three months to September 30, according to the latest ASB Bank survey.

It says confidence has pulled back from its record high of the previous quarter dropping 7 percentage points, with a net 22% of investors expecting returns over the next year to be better than last year's.

The banks says, on a month-by-month basis, confiden...

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