PP Show: Trustees must take position on interest rates - Nusseibeh

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Trustees must take a position on the direction of interest rates before they decide on their investment strategy, according to Hermes Fund Managers chief executive Saker Nusseibeh.

Speaking at the PP Show 2012, Nusseibeh said there are two scenarios for interest rates: either governments pay down debt, interest rates go up and liabilities decrease; or the world enters a perio...

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