Salt Funds Management
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Salt Funds in the News

 

Stock Takes: Sky TV, Air NZ big losers from falling NZ dollar

Matthew Goodson is quoted in the New Zealand Herald commenting on how the falling NZ dollar is affecting New Zealand companies.

"On the flipside, Sky TV, whose costs are mostly derived in US dollars, will probably feel the negative effects as will Air New Zealand, said Matt Goodson, managing director of Salt Funds Management. In times of currency weakness the retailers tend to lose out as imports become more expensive, he said".

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paul harrison