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

Thematic (Sector/Industry)

New zealand Utilities / Thematic (Sector/Industry)

<ul><li>October 2022 was a repeat of recent months, with continued strong North Island hydro generation, low wholesale electricity spot prices, and rising interest rates continuing to squeeze sector valuations</li><li>Wholesale market conditions again favour North Island generators</li><li>Wholesale market conditions again favour North Island generators</li></ul>

October 2022 was a repeat of recent months, with continued strong North Island hydro generation, low wholesale electricity spot prices, and rising interest rates continuing to squeeze sector valuationsWholesale market conditions again favour North Island generatorsWholesale market conditions again favour North Island generators

Power Points: Wind Blows, Hydro Flows — November 2022