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

<h2>NZX Tracking Brief</h2>
<ul>
<li>NZX’s monthly operating stats for December were robust with NZX finishing the year 2020 strongly</li>
<li>Capital raised within Issuer Relationships exceeded company targets set for the year by +86%</li>
<li>Value Traded within Secondary Markets exceeded company targets set for the year by +39%</li>
<li>Total terminals and licences within Data &amp; Insights saw a monthly average usage of +14% for 2020 over 2019</li>
<li>Funds Under Management saw FUM +28% for the year vs company target of +14%</li>
<li>Wealth Technologies saw FUA reach NZ$7.2bn for the year vs company target of NZ$5-6bn</li>
<li>Rating: OUTPERFORM</li>
</ul>
<figure class="editor-figure mceNonEditable"><img src="https://mail.google.com/mail/u/0?ui=2&amp;ik=f57c39853c&amp;attid=0.1&amp;permmsgid=msg-f:1688170536034405518&amp;th=176d9628809c8c8e&amp;view=fimg&amp;sz=s0-l75-ft&amp;attbid=ANGjdJ-zw4FxRuLjgVM8I2X_ED8tUPxYis-HriEGk6MfHMZCjq_nIful4jxyVTVtrI9F_UO-unW3pHYv78hh66iUU9Bry1gofILlfftOnu5CJaGySkndMzAgl28dytw&amp;disp=emb" width="311" height="162" class="editor-image img-responsive" data-image-whitelisted=""></figure>
Issuer Relationships
Issuer Relationships YTD stats
<figure class="editor-figure mceNonEditable"><img src="https://mail.google.com/mail/u/0?ui=2&amp;ik=f57c39853c&amp;attid=0.3&amp;permmsgid=msg-f:1688170536034405518&amp;th=176d9628809c8c8e&amp;view=fimg&amp;sz=s0-l75-ft&amp;attbid=ANGjdJ82IFAmCDauJ5bPzH5hvykkurg4kQx2yOyrScmxbsUxSHdfovVMgbXbo_p2WFTmVPCsK9NT6MVlvNRcpLABSgHqhLlO6nddUm_ptZGjkyuwODZ2NZ8FeYvBrgs&amp;disp=emb" class="editor-image img-responsive"></figure>
Secondary Markets
Secondary Markets YTD stats:
<figure class="editor-figure mceNonEditable"><img src="https://mail.google.com/mail/u/0?ui=2&amp;ik=f57c39853c&amp;attid=0.4&amp;permmsgid=msg-f:1688170536034405518&amp;th=176d9628809c8c8e&amp;view=fimg&amp;sz=s0-l75-ft&amp;attbid=ANGjdJ_3o82YYOCRSfWgUD_cSLaf6qC05bgq8T0nDw_KHSKutCZfk8NzWS-R8UUpL-1odg2EyujCWfOFSBRUe22EO7r9j_hxk9K2XoPBLlelU3OfYkg0xDykculU1zw&amp;disp=emb" width="603" height="271" class="editor-image img-responsive" data-image-whitelisted=""></figure>
&nbsp;
Data and Insights
Total terminals and licences YTD stats:
<figure class="editor-figure mceNonEditable"><img src="https://mail.google.com/mail/u/0?ui=2&amp;ik=f57c39853c&amp;attid=0.5&amp;permmsgid=msg-f:1688170536034405518&amp;th=176d9628809c8c8e&amp;view=fimg&amp;sz=s0-l75-ft&amp;attbid=ANGjdJ8piBq3k39RWRq7G-5n3Dm-_kaMf2a72574acYKJ7DyuFPf5o7Ze579wGU9rwQLrAFUw0EScLsPzZmfGtRNoItqPrLKhj4z8DvHa4hNfcFtrq7OCgxG35wdYNY&amp;disp=emb" class="editor-image img-responsive"></figure>
Funds Management&nbsp;businesses
<figure class="editor-figure mceNonEditable"><img src="https://mail.google.com/mail/u/0?ui=2&amp;ik=f57c39853c&amp;attid=0.6&amp;permmsgid=msg-f:1688170536034405518&amp;th=176d9628809c8c8e&amp;view=fimg&amp;sz=s0-l75-ft&amp;attbid=ANGjdJ8F8QqEklmjxkA4xNwuv6TKZXGixr0HaavD36p4OCbr4Jg_R5VMDpRHmpXd-BCWlF9tqcF0YSmEl00_AfrYd0x3pdxOnQ1zWhraPTqb9BPU17uzK0aiiTI9jaE&amp;disp=emb" width="613" height="312" class="editor-image img-responsive" data-image-whitelisted=""></figure>
 Jamie Foulkes Analyst, Equities
<figure class="editor-figure mceNonEditable"><img src="https://mail.google.com/mail/u/0?ui=2&amp;ik=f57c39853c&amp;attid=0.2&amp;permmsgid=msg-f:1688170536034405518&amp;th=176d9628809c8c8e&amp;view=fimg&amp;sz=s0-l75-ft&amp;attbid=ANGjdJ8UB1Ly3tb4qIP0oqpJYntQ-RXWcwAZB-v09P8TZA6VAWw4jAUMeE4-XJM2o5Wym1k9TKrfxx-TfPbl5R88r0qeQgSiWd4pIg3ERqIE-RVwpaAQGkjU08hKM7o&amp;disp=emb" class="editor-image img-responsive"></figure>
 P:+64 4 914 2217 |TF:0800 367 227 Level 22, NTT Tower, 157 Lambton Quay, Wellington

NZX Tracking Brief

NZX’s monthly operating stats for December were robust with NZX finishing the year 2020 strongly
Capital raised within Issuer Relationships exceeded company targets set for the year by +86%
Value Traded within Secondary Markets exceeded company targets set for the year by +39%
Total terminals and licences within Data &amp; Insights saw a monthly average usage of +14% for 2020 over 2019
Funds Under Management saw FUM +28% for the year vs company target of +14%
Wealth Technologies saw FUA reach NZ$7.2bn for the year vs company target of NZ$5-6bn
Rating: OUTPERFORM


Issuer Relationships
Issuer Relationships YTD stats

Secondary Markets
Secondary Markets YTD stats:

&nbsp;
Data and Insights
Total terminals and licences YTD stats:

Funds Management&nbsp;businesses

 Jamie Foulkes Analyst, Equities

 P:+64 4 914 2217 |TF:0800 367 227 Level 22, NTT Tower, 157 Lambton Quay, Wellington

NZX

NZX: Tracking Brief