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NZX knows value of Smartshares, not looking to sell

Stock exchange operator’s fund management business similar to just-sold Kiwi Wealth.

NZX CEO Mark Peterson.

Will Mace Fri, 19 Aug 2022

NZX Ltd was not surprised by the valuation achieved by Kiwi Wealth in its recent sale to Fisher Funds, but its management is not currently keen to sell its own Smartshares business in the same vein.

In disclosing its first-half results this morning, the stock exchange operator noted its revenue from

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Will Mace Fri, 19 Aug 2022
Contact the Writer: william@nbr.co.nz
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NZX knows value of Smartshares, not looking to sell
Investment,
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