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Fund manager's Vegas bet hits jackpot for Kiwi investors

Niko Kloeten
Thu, 11 Jul 2013

New Zealand investors in an Australian fund manager have benefited from a big gamble on the Las Vegas housing market which paid off.

Boutique manager PM Capital, which markets a number of funds in New Zealand, returned a whopping 63% in its Absolute Performance fund in the year to June

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Niko Kloeten
Thu, 11 Jul 2013
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Fund manager's Vegas bet hits jackpot for Kiwi investors
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