New Zealand Professional Investment Services Firm

Forsyth Barr

We are proud to be a New Zealand owned firm, with 21 offices throughout the country and over 300 employees. We assist personal, institutional and corporate clients providing a full range of investment services.

Forsyth Barr is a foundation New Zealand Exchange firm (NZX) and accredited market participant. We have been confirmed by the Financial Markets Authority as a Qualifying Financial Entity (QFE).

Research is the cornerstone of our advice. We have one of New Zealand's leading teams of analysts. Our global affiliations ensure comprehensive research coverage of all major investment markets.

New Zealand Professional Investment Services Firm, Forsyth Barr

Equity Bottom-Up

Heartland Group Holdings / Equity Bottom-Up

<ul><li>Heartland Group (HGH) has received indicative regulatory approval to acquire small Australian bank, Challenger Bank, with an expected completion date of 30 April 2024.</li><li>The last significant hurdle to clear is raising ~NZ$210m, roughly half of which is to capitalise the Australian bank.</li><li>Whilst we see this as a positive, execution on its strategy and delivering on the promised growth and earnings is now the key. </li></ul>

Heartland Group (HGH) has received indicative regulatory approval to acquire small Australian bank, Challenger Bank, with an expected completion date of 30 April 2024.The last significant hurdle to clear is raising ~NZ$210m, roughly half of which is to capitalise the Australian bank.Whilst we see this as a positive, execution on its strategy and delivering on the promised growth and earnings is now the key. 

Heartland Group - Challenger Cleared for Launch