Tim Bennett, chief executive officer of NZX Ltd. (NZX), the operator of New Zealand’s stock exchange, talks about the Fonterra Shareholders' Fund (FSF) that opens the world’s biggest dairy exporter to equity investors.
Units of the fund gained as much as 22 percent over their issue price when trading began this morning. Bennett speaks from Darfield, New Zealand, with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)
Running time 02:56