Flurry of IPOs tipped for NZX in coming months, says Nikko Asset equities analyst

Tue, 14 Apr 2015

By Fiona Rotherham April 14 (BusinessDesk) - Kiwi investors can expect a strong pipeline of initial public offerings from New Zealand and Australian companies listing in coming months to take advantage of the rising market, says Nikko Asset Management head of equities Stu Williams. But he warns investors should be sceptical about why some Australian offers are being brought to this market, given its relative small size. The New Zealand market has been performing well at unprecedented levels with the benchmark NZX50 Index up 5.2 percent...

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