House Prices

High returns won't last: AMP fund

The country's largest fund manager predicts that the "exceptional" returns enjoyed during the past year are about to fall back to more normal levels.

Saturday, July 24th 2004

AMP Capital Investors yesterday revealed healthy returns on its funds for the June quarter, helped by a buoyant local equity market.

Its strategic NZ equities fund had a gross return of 5.6 per cent, taking its annual return to 25.9 per cent.

Chief investment officer Tore Hayward said the local markets had been helped during the quarter by rising global equity markets and a stronger-than-expected domestic economy.

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Property sector still strong in Manawatu

Unity First Home Buyer special	3.99
ICBC	4.25
SBS FirstHome Combo	4.29
Co-operative Bank - First Home Special	4.39
TSB Special	4.49
ANZ Special	4.49
ASB Bank	4.49
SBS Bank Special	4.49
Unity Special	4.49
Westpac Special	4.49
Kiwibank Special	4.49

TSB Special	4.49
ANZ Special	4.49
ASB Bank	4.49
Kiwibank Special	4.49
Westpac Special	4.49
BNZ - Std	4.49
ICBC	4.59
Wairarapa Building Society	4.59
Unity Special	4.65
SBS Bank Special	4.65
AIA - Go Home Loans	4.65

SBS Bank Special	4.99
Westpac Special	4.99
ICBC	4.99
BNZ - Std	4.99
ASB Bank	5.15
Co-operative Bank - Owner Occ	5.39
ANZ	5.39
AIA - Go Home Loans	5.39
TSB Special	5.39
Kiwibank Special	5.39
Kainga Ora	5.49

SBS Construction lending for FHB	3.74
CFML 321 Loans	4.25
AIA - Back My Build	4.44
Co-operative Bank - Owner Occ	5.30
Co-operative Bank - Standard	5.30
ICBC	5.39
Heartland Bank - Online	5.45
Kiwibank - Offset	5.80
Kiwibank	5.80
ANZ	5.89
TSB Special	5.94

House Prices

High returns won't last: AMP fund

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