BRIAN GAYNOR: NZX – Where are the retail investors?

By Brian Gaynor | Sat, 01 Feb 2020


The latest BusinessDesk share ownership survey shows that offshore investors own 41 percent of the 20 largest NZX listed companies on a weighted average basis.This is a relatively accurate representation of the total market as these large companies account for 71 percent of the market’s capitalisation.The BusinessDesk figure is slightly higher than the latest JBWere 2019 Equity Ownership Survey, covering 64 companies, which concluded that offshore investors owned 38 percent of the NZX at the end of September.There is a slight difference between...