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- Release Date: 19/09/12 17:15
- Summary: GENERAL: NZX: Woodward Partners Securities accredited as an NZX Firm
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NZX
19/09/2012 15:15
GENERAL
REL: 1515 HRS NZX Limited
GENERAL: NZX: Woodward Partners Securities accredited as an NZX Firm
Woodward Partners Securities accredited as an NZX Advising Firm
19 September 2012 - NZX is pleased to announce that Woodward Partners
Securities Limited has been accredited as an NZX Advising Firm.
"We welcome Woodward Partners Securities to the institutional brokerage
community. They bring extensive industry expertise and analytical skills to
our securities market" said NZX CEO Tim Bennett.
Woodward Partners Limited was founded in 2009 as a boutique investment bank
to provide advisory and transactional advice to corporate and government
clients and has grown steadily since then. The institutional stockbroking arm
of Woodward Partners was opened in 2012 in response to the taxation reforms
in recent years, the growth of savings in New Zealand particularly around
KiwiSaver and the New Zealand Superannuation Fund, and the prospect of future
listings in the electricity and dairy sectors.
Woodward Partners Securities has appointed Neville Todd as the firm's
Managing Principal and Head of Trading. Mr Todd was the New Zealand Managing
Director of the institutional broking firm Citigroup Global Markets and a
co-founder of Milford Asset Management.
The firm has also recruited veteran equity analyst, David Stanley, the former
head of research at Macquarie in New Zealand. Mr. Stanley was an analyst in
New Zealand before undertaking academic research in Canada, and he is
well-known to the investment community.
One of the co-founders of Woodward Partners Limited, Nick Lewis, CFA, has
joined Woodward Partners Securities Limited full-time. Mr.Lewis was trained
as a mechanical engineer and has more than thirty years of experience working
in and covering the energy and utility sectors, including seven years at JP
Morgan in New York. Mr Lewis is an accredited Chartered Financial Analyst
(CFA).
Mr Bennett adds, "Woodward Partners Securities is an important new service
provider for institutional investors as we work to deepen New Zealand's
capital markets".
ENDS
For more information, please contact:
For NZX:
Debbie Buckman
+ 64 4 495 2818
For Woodward Partners Securities:
Neville Todd
+ 64 4 974 7381 or +64 21 673 030
End CA:00227487 For:NZX Type:GENERAL Time:2012-09-19 15:15:54
