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Yield-chasing raises concern
Friday 8th of February 2013
Mike Newton of Newton Ross said low interest rates were causing increased interest in high-yielding products, often without appreciation of the risks
“Kiwis and Kiwi advisers have a real orientation towards yield and that gets them into trouble,” he said.
“I think New Zealanders have got an obsession with yield and they don’t look at the underlying risks of the investment th...
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