8 Apr 2010

Analyst predicts strong public interest in Fonterra fund

8:09 pm on 8 April 2010

An analyst expects there to be strong public interest in a Fonterra shareholders fund.

Fonterra's newly-released capital restructure plans proposes a new fund that would buy dry shares from farmers and raise money by selling units to the public.

The head of private wealth research at Craigs Investment Partners, Mark Lister, expects investors to be very interested in the fund.

Fonterra on Thursday reiterated that investors in the fund will have no control over Fonterra shares.