New Zealand Professional Investment Services Firm

Forsyth Barr

We are proud to be a New Zealand owned firm, with 21 offices throughout the country and over 300 employees. We assist personal, institutional and corporate clients providing a full range of investment services.

Forsyth Barr is a foundation New Zealand Exchange firm (NZX) and accredited market participant. We have been confirmed by the Financial Markets Authority as a Qualifying Financial Entity (QFE).

Research is the cornerstone of our advice. We have one of New Zealand's leading teams of analysts. Our global affiliations ensure comprehensive research coverage of all major investment markets.

New Zealand Professional Investment Services Firm, Forsyth Barr

Equity Bottom-Up

<ul><li>Fletcher Building (FBU) has presented its side of the Pro-fit leaks story and provided a strong counter argument to BGC's claims that the issues are caused by manufacturing defect.</li><li>We found FBU's presentation to be comprehensive, highlighting the thorough and detailed investigation that it had been undertaking.</li><li>This included a significant number of product tests, some of which were directly testing key parts of BGC's thesis.</li></ul>

Fletcher Building (FBU) has presented its side of the Pro-fit leaks story and provided a strong counter argument to BGC's claims that the issues are caused by manufacturing defect.We found FBU's presentation to be comprehensive, highlighting the thorough and detailed investigation that it had been undertaking.This included a significant number of product tests, some of which were directly testing key parts of BGC's thesis.

Fletcher Building

Fletcher Building - Ross Returns Serve