News

Gearing shares for good returns

Tuesday 16th of October 2001

Sharebroking firm Forsyth Barr is moving into the margin lending business by acquiring the firm Leveraged Equities from JP Morgan for an undisclosed amount.

Margin lending (or gearing up shares) isn't widespread in New Zealand with just a handful of players including JB Were, ASB Securities and Fulcrum Securities, active in the market.

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