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

New Zealand King Salmon / Equity Bottom-Up

<ul><li>Operating model appears to be working as intended, but too soon to see results</li><li>Macroeconomic factors mostly weighing on costs rather than consumer demand</li><li>Blue Endeavour is still highly uncertain, we apply a 50% probability weighting on the option value</li></ul>

Operating model appears to be working as intended, but too soon to see resultsMacroeconomic factors mostly weighing on costs rather than consumer demandBlue Endeavour is still highly uncertain, we apply a 50% probability weighting on the option value

New Zealand King Salmon: Reeling in a Surprise Catch