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Tough quarter for investors, fund managers
Tuesday 22nd of January 2019
It has released its latest investment survey, in which it says 2018 ended on a sour note for investors.
For the quarter, the S&P/NZX50 was down 5.6%, including imputation credits, the ASX200 down 8.2%, the MSCI world index down 13.1% in local currency and emerging markets down 8.5%.
MJW said the Federal Reserve had ignited the risk-off sentiment with a statement indicating i...
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