Will it be a TINA turner or will fixed interest be simply the best?

During a period of ultra-low interest rates, it was literally a case of TINA – There Is No Alternative. (Image: Getty)

Wed, 11 Jan 2023

Equity or real asset investments have called the tune for investors over the past few years. During a period of ultra-low interest rates, it was literally a case of TINA – There Is No Alternative. Now, as central banks raise rates to rein in runaway inflation and the market has applied higher discount rates when valuing equities, the appeal of cash and fixed interest investments has grown rapidly. At time of writing in mid-December, the S&P/NZX50 was down about 10% year-to-date, and the New Zealand 10-year government b...

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