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Scrutiny will go on fund managers' strategies, MJW says

Thursday 23rd of April 2020

Actuary Ben Trollip said it was “very challenging” to make investment decisions at present. Cash rates were near zero, bond rates very low and equities were uncertain.

Governments were taking on record levels of debt.

New Zealand equity managers had largely done well this quarter, he said, although some had large amounts of cash in their portfolios. Bond managers had...

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