News Round Up: September 12
Goldie on frozen funds and management fees; OCR preview; Latest Harbour Asset Management report
Monday, September 12th 2011, 7:12AM
Goldie asks in this Blog whether it's ethical for managers to keep getting fees on frozen funds. [Read on]
OCR preview
Continuing turmoil in global financial markets is likely to stay Reserve Bank governor Alan Bollard's hand on Thursday but the big question is how long will it keep him on hold.
All 13 economists surveyed by www.mortgagerates.co.nz expect Bollard to leave his official cash rate (OCR) unchanged at 2.5% this week.
Harbour Commentary: Bond markets pricing in a lost decade
Harbour Asset Management fixed income manager Christian Hawkesby looks at recent economic developments including the US downgrade and local market news and explains what they mean for investors. Read the full report here.
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