Paul joined Milford in February 2016, he is Deputy Chief Investment Officer and the Portfolio Manager of a number of Milford funds. Paul has over 25 years’ experience in global and Australasian financial markets. Paul held senior fixed income roles with investment banks including Merrill Lynch and ABN AMRO in London. His experience includes debt capital markets, credit trading and interest rate derivatives trading.
Paul moved to New Zealand in 2009 and was Executive Director and Head of Debt Capital Markets at JBWere, before moving to Macquarie Private Wealth in 2010 where he was Head of Portfolio Strategy. Paul has a Masters in Aeronautical Engineering from Queens University in Belfast.
Global bond yields have moved higher this year in anticipation of tightening central bank monetary policy. What has been somewhat perplexing however is that bond yields are not higher still given economic growth, falling unemployment and headline grabbing rates of price inflation across financial assets, houses, goods and services etc.
Financial repression taxing savers!
In fact, for […]
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