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

<ul><li>Australasian recovery charges on, businesses unfazed by high fares </li><li>European resilience positive, though medium-term uncertainty lingers</li><li>Cash buffer offers protection in the event of a downturn: SKO has a significant cash buffer available, with net cash of NZ$103m at 30 September 2022</li></ul>

Australasian recovery charges on, businesses unfazed by high fares European resilience positive, though medium-term uncertainty lingersCash buffer offers protection in the event of a downturn: SKO has a significant cash buffer available, with net cash of NZ$103m at 30 September 2022

Serko Ltd

Serko: Steep Ascent, but Clouds Remain