Ryman at risk of being tossed out of the MSCI: Forsyth Barr

Ryman at risk of being tossed out of the MSCI: Forsyth Barr
Investors are concerned about Ryman's relatively high debt. (Image: supplied)
Jenny Ruth
Forsyth Barr reckons Ryman Healthcare is at risk of falling out of the MSCI Standard Index when the next review is held in May.Retirement village builder and operator Ryman is currently one of six New Zealand companies in the MSCI along with Fisher & Paykel Healthcare, Meridian Energy, Auckland International Airport, Spark and Mercury Energy.The yardstick used for measuring whether companies are eligible to join the MSCI is called the global minimum size reference (GMSR).In a note to institutional clients, Forsyth Barr's co-head of mark...

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