First NZ Capital teams up with equity analysts to develop self-directed investment market

First NZ Capital teams up with equity analysts to develop self-directed investment market
Nikki Mandow
By Nikki Mandow April 5 (BusinessDesk) - Broking firm First NZ Capital (FNZC) has done a deal with Auckland-based stock analysis company Shareclarity to provide equity research for independent retail investors. The deal follows FNZC’s decision late last year to buy ANZ Bank New Zealand’s online trading platform ANZ Securities, and reclaim its old name Direct Broking. Once that deal goes ahead later this year, FNZC wants to develop the “self-directed” side of its business - where individual investors and small trusts run their own share an...