Time to rethink direct equities?

David Maida | financialalert | 03 April 2013

There is a lot of hype about some upcoming share floats on the New Zealand Stock Exchange (NZX). But are mature companies like Mighty River Power (MRP) really a good investment for individual investors? With 440,000 people pre-registered to buy, we look at the role of direct equities in individual investment portfolios.

Dr Richard Renfrew, investment adviser at Lyfords Asset Management, said his clients might like the idea of ...