26 Jul 2010

Companies remain relucant to list - Fisher

1:01 pm on 26 July 2010

A veteran investor says firms are reluctant to list in the current economic environment.

Carmel Fisher of Fisher Funds has invested in small, growing New Zealand firms over the years.

She says many investors and companies are just not willing to dip their toes in the market at the moment.

The problem is not unique to New Zealand, Ms Fisher says, though Australia has many more listings than New Zealand as it did not really go through a recession.