Tobias Taylor is the chief executive of Midlands Mortgage Trust. The fund has $52 million in loans out on $120 m in security, so he says the firm has a lot of head room in its asset allocation. He says once you talk to your investor clients in the numbers and facts – they’re pretty happy to continue to get a regular investment return that’s above the banks.
Tobias says Hawke’s Bay’s economy will hurt later in the year, but he’s optimistic that it won’t be as bad as elsewhere in the country. Here’s the quick 15 minute catch up with Tobias.