
Investments
Research: The Exchange Rates and the Economists
Monday 31st of July 2000
The latest survey of managed fund returns shows international equities have once again proved by far the most rewarding asset class for New Zealand investors – spectacularly so in the past year (with the managers surveyed returning 33.4%), and systematically so over the past five years (25.1% return a year).
An important component of the total return, especially in the last year, has been a...
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