South America makes good business sense for New Zealand and Australian companies
“Agriculture is a huge part of the business of South America,” said NZ Trade and Enterprise international market manager, Brendan Mahar. “For some NZ companies, it’s made a lot of sense to extend their pasture-based capabilities to different parts of the world. “Although, doing business in South America is not without its language, legal and local economic challenges.” Having Fonterra so well recognised has given other NZ companies the confidence to build their own South American links– Brendan…
Pensions Funds See Growth in Farm Investments
Farmland is attracting growing interest from Pensions Funds, hedge funds and even mom-and-pop investors as they seek to diversify assets and capitalise on an agriculture industry slump that has pushed down land prices in some regions. Financial services giant TIAA-CREF said Tuesday it has raised $3 billion for its second global farmland investment partnership, exceeding its initial target of $2.5 billion. The fund, which will invest in North and South America and Australia, has lined up commitments from institutional…
