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New Zealand 'totally different' to passive-focussed US
Friday 11th of November 2016
Internationally, there has been a strong shift to passive investment strategies, which track indexes.
That has prompted some commentators in New Zealand to argue investors here should follow suit.
But Brian Gaynor, of Milford Asset Management, said it was misleading to apply the US experience to New Zealand investing decisions.
He said he did not argue with surveys showing...
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