NZ shares at highest values since 2001, says fund manager
Hedge fund increases short positions.
New Zealand’s share market is more expensive than at any time in at least the past 15 years and the housing market has peaked, says fund manager Salt Funds.
In the latest fact sheet for its Long Short Fund, Salt managing director Matt Goodson describes valuation ratios as “quite extraordinary”
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Tim Hunter
Mon, 24 Jul 2017
Mon, 24 Jul 2017
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NZ shares at highest values since 2001, says fund manager
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