NZX boss indicates no big plans for Fundsource
NZX announced its annual results yesterday. Revenues for the year of $65.2 million were up 3.8% on 2013, driven by growth in NZX’s capital markets and funds management businesses.
Bennett said Fundsource provided very comprehensive data. “We’d like that to continue from a market perspective.”
But there were no big plans for expansion.
Although it produced only a small amount of NZX’s revenue, Bennett said he was comfortable with how Fundsource was operating. “The focus is on large parts of the business, the small parts that are going well we don’t spend as much time on.”
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