Infratil’s manager rejects criticism of its incentives
HRL Morrison and Co's Paul Newfield says his team sat on dry powder for a long time before investing. With special feature audio.
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Infratil’s [NZX: IFT] manager, H-R-L Morrison and Co, says if it was out to maximise fees, it would have invested Infratil’s $1 billion war chest a long time ago.
Instead, Morrison and Co’s chief investment officer, Paul Newfield, says the manager has bided its time until the right investment at
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Jenny Ruth
Fri, 05 Aug 2016
Fri, 05 Aug 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Infratil’s manager rejects criticism of its incentives
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