- The New Zealand market has remained an attractive destination for offshore investors over the past year, with overall offshore ownership rising by 1% to 39%, which remains the highest level since 2007.
- Positive offshore investor sentiment towards the New Zealand market was reflected with offshore investors increasing their holdings across the board of constituents within the S&P/NZX All Index.
- JBWere analysis suggests that the large global shift towards passive investing in equities has also had an influence on the NZ Market over the last year.
- The loss of a number of listed companies throughout the year from the exchange, including Xero has not been a set back for the market achieving another record level of market value.
Please click here for the full article.