MyFarm sees dairy farm investments waning, eyes growth in horticulture

MyFarm sees dairy farm investments waning, eyes growth in horticulture
Tina Morrison
By Tina Morrison Jan. 9 (BusinessDesk) - MyFarm Investments, New Zealand's largest rural investment syndicator, is moving its focus away from its dairy farming origins and expects future growth to come from smaller overlooked investments such as fruit. The rural investment firm was set up in 1990, initially investing in dairy farms which it syndicated to investors. It has since diversified into sheep and beef farms, horticulture and mussel farming and has more than $500 million of rural assets under management. About half its assets are d...