UPDATE: NZX's Bennett sees strong debt pipeline in 2016 after 2015 revenue buoyed by funds management

Wed, 24 Feb 2016

(Adds comment from CEO Bennett) By Sophie Boot Feb. 24 (BusinessDesk) - NZX's chief executive Tim Bennett sees a strong pipeline of debt listings in 2016, and predicts funds management will diversify as KiwiSaver balances keep growing, although he wouldn't be drawn on potential initial public offerings in the year ahead. NZX lifted annual profit 82 percent in 2015 as the one-off gain from the sale of its Link Market Services share registry division made up for flat operating earnings. Revenue got a boost from the stock market operator'...

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