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Hot Topic Budget 25
Investment
7 mins to read

Smartshares’ value on par with $310m Kiwi Wealth, NZX says

Outgoing chair says potential float of funds management arm something for future boards to consider.

NZX shareholders have quizzed the board about a potential float of its Smartshares funds management business, which chief executive Mark Peterson says is worth “substantially more” than its roughly $100 million carrying value.

And outgoing chair James Miller has agreed with a shareholder that

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Hamish McNicol Wed, 19 Apr 2023
Contact the Writer: Hmcnicol@nbr.co.nz
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Smartshares’ value on par with $310m Kiwi Wealth, NZX says
Investment,
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