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Significant control over Mercury NZ by sovereign wealth funds implies that the general public has more power to influence management and governance-related decisions The largest shareholder of the company is New Zealand Superannuation Fund with a 51% stake Institutions own 11% of Mercury NZ
If you want to know who really controls Mercury NZ Limited (NZSE:MCY), then you'll have to look at the makeup of its share registry. We can see that sovereign wealth funds own the lion's share ...
>>> Read more: While individual investors own 38% of Mercury NZ Limited (NZSE:MCY), sovereign wealth funds are its largest shareholders with 51% ownership
Significant control over Mercury NZ by sovereign wealth funds implies that the general public has more power to influence management and governance-related decisions The largest shareholder of the company is New Zealand Superannuation Fund with a 51% stake Institutions own 11% of Mercury NZ
If you want to know who really controls Mercury NZ Limited (NZSE:MCY), then you'll have to look at the makeup of its share registry. We can see that sovereign wealth funds own the lion's share ...
>>> Read more: While individual investors own 38% of Mercury NZ Limited (NZSE:MCY), sovereign wealth funds are its largest shareholders with 51% ownership