Research Team

Arie Dekker

Managing Director, Head of Institutional Research

+64 9 302 5555
Auckland

Arie Dekker

Managing Director, Head of Institutional Research

Arie commenced his career at FNZC in 1999 as an analyst in the Investment Banking division. He worked as an Investment Analyst across a range of sectors at the Todd Group from 2003 – 2011 and spent two years as the CFO of Ara Wines, a Todd Group subsidiary. Arie then took up equities research at the end of 2011 re-joined FNZC as an equities analyst in 2014. Arie currently covers the Telecommunications and Media sectors, Retirement Village operators and the Dairy sector.

Nevill Gluyas

Director, Equity Research

+64 4 496 5338
Wellington

Nevill Gluyas

Director, Equity Research

Nevill has 13 years of experience in the NZ electricity sector, working for Meridian on strategy and market forecasting since 2000. He was involved in many of Meridian’s major initiatives and acquisitions. Most recently, before joining FNZC in 2013, he worked on the Tiwai smelter contract renegotiations, and previously was involved in the creation of Powershop, transmission pricing, Australian entry, windfarm economics, tracking the NZ gas market, competitor analysis, the earlier 2007 Tiwai smelter contract negotiations and large retail customer base acquisitions.

Prior to 2000, Nevill worked for an investment bank where he was involved in the sale of the Enerco gas network, retail electricity customer bases and the early ECNZ separation modelling.

He has a BCA(Hons) in Economics and Finance, and is a CFA charterholder.

In Memory of Chris Green

Director, Economics and Strategy

Auckland

In Memory of Chris Green

Director, Economics and Strategy

It is with great sadness that we mourned the loss of our friend and colleague Christopher Stephen Green who passed away on 8 August 2017, leaving his wife Julie and two daughters, Anna and Sarah, as well as extended family and friends.

Chris was a well-loved member of the FNZC team having returned to New Zealand to take up the role of Economist in the research team 8 years ago. Chris made a huge contribution to our business and was well respected amongst our clients.
Chris frequently represented FNZC in the media where his expertise was regularly called upon.

But our lasting memories of Chris will be as a friend who always saw the funny side of life. While ever-serious in practicing his craft as an Economist, Chris was an unflappable, self-deprecating person. Chris kept our team on an even-keel with his daily diet of witty humour and great impersonations and will be missed by all whom knew him.

Tristan Joll

Director, Equity Research

+64 9 302 5525
Auckland

Tristan Joll

Director, Equity Research

Tristan joined First NZ Capital in 2016 after ten years in equity research positions with Goldman Sachs JB Were and UBS. Prior to this he held roles in the telecommunications and aviation sectors.  He has covered a range of sectors as an equity analyst, with his current focus Healthcare and Technology.

Greg Main

Director, Equity Research

+64 4 474 4061
Wellington

Greg Main

Director, Equity Research

Greg commenced his career in 1992 and has extensive experience as an analyst in a variety of roles both in NZ and in the UK. Greg joined FNZC in 2007 and is a member of both the CFA Institute and Chartered Accountants Australia and New Zealand and has also been accredited as an NZX adviser since 2009.

Outside FNZC Greg is a Board member on the Silverstream School Board of Trustees and has acted as a mentor to the Victoria University team CFA challenge.

John Norling

Director, Head of Wealth Management Research

+64 4 496 5343
Wellington

John Norling

Director, Head of Wealth Management Research

John joined FNZC in 2009 as a Research Analyst and now leads the Wealth Management Research team. The team runs model portfolios across multiple asset classes, makes asset allocation recommendations, undertakes credit analysis and produces various publications for use by FNZC’s wealth advisers and clients.

John’s career in financial markets started 31 years ago in 1987. He held positions at Axa New Zealand where he started as an equity analyst before going on to management Axa’s fixed interest portfolio (assets in excess of $1 billion) and Axa’s NZ equity portfolio (assets in excess of $1 billion). Subsequently, John joined AllianceBernstein where he specialised in analysis in companies operating in the retail, media, property, infrastructure and energy sectors.

John holds a BSc in Mathematics and Statistics, is an AFA and is a CFA charter holder.

Paul Turnbull

Director, Equity Research

+64 9 302 5559
Auckland

Paul Turnbull

Director, Equity Research

Paul commenced his career as a Research Analyst at JPMorgan (NZ) in 1997. He then took up an Analyst role at fund manager JCP Investment Partners (Melbourne) in 2002 and was promoted to Head of Research in 2011. Paul joined FNZC as an equities analyst in 2013 and currently covers Transport and Gaming.

Tim Agar

Vice President, Research Analyst Wealth Management

+64 4 474 4438
Wellington

Tim Agar

Vice President, Research Analyst Wealth Management

Tim joined FNZC as an Assistant Research Analyst in June 2013. Prior to that, he worked for the ACC Investments Team. Tim graduated from the University of Otago with a Bachelor of Laws and a Bachelor of Commerce (Finance) in 2009. Tim was admitted to the Bar in 2013 and became a Barrister and Solicitor of the High Court. Tim is currently studying towards a CFA qualification.

Owen Batchelor

Vice President, Equity Research

+64 9 307 5706
Auckland

Owen Batchelor

Vice President, Equity Research

Owen joined FNZC in 2016 and has coverage responsibility of the listed property sector. Prior to this he worked at Woodward Partners Securities also covering listed property. Owen holds a Bachelor of Commerce in Finance and Economics as well as a Bachelor of Science in Psychology.

Rachel Brader

Vice President, Equity Research

+64 4 474 4472
Wellington

Rachel Brader

Vice President, Equity Research

Rachel joined the FNZC Research team in 2018 with a focus on the energy and utilities sectors. She previously worked in various project finance roles at KPMG and Macquarie Bank (London and Wellington), as well as corporate strategy for Todd Corporation and Contact Energy.

Rachel holds a Bachelor of Commerce and Administration (Victoria University of Wellington) and a Bachelor of Science (Statistics and Psychology, University of Auckland).

Grant Lowe

Vice President, Equity Research

+64 9 302 5570
Auckland

Grant Lowe

Vice President, Equity Research

Grant Joined FNZC in 2017 after 4 years at KPMG in their Deal Advisory team, primarily focused on valuations and capital raises.

Prior to joining KPMG Grant worked in New Zealand as a consultant engineer and spent 9 years in London in a number of infrastructure development roles.

Grant holds a Bachelor of Engineering, a Master of Finance and is a CFA charterholder.

Andrew Steele

Vice President, Equity Research

+64 9 302 5543
Auckland

Andrew Steele

Vice President, Equity Research

Andrew joined FNZC in 2016 and has coverage responsibility for the consumer sector.

Prior to joining FNZC Andrew worked as an equity research analyst at Goldman Sachs (NZ), Berenberg Bank (London), Goldman Sachs (London). Andrew commenced his career at Deloitte in 2005 where he qualified as a Chartered Accountant and as a Barrister and Solicitor.

Andrew holds a Bachelor of Laws and a Bachelor of Commerce and Administration in Finance and Accounting.

Hayden Brown

Assistant Analyst, Equity Research

+64 9 307 5708
Auckland

Hayden Brown

Assistant Analyst, Equity Research

Hayden joined FNZC as an Assistant Research Analyst in 2014 after completing his Bachelor of Business from AUT University majoring in finance.

Chester Espie

Assistant Analyst, Equity Research

+64 9 302 5527
Auckland

Chester Espie

Assistant Analyst, Equity Research

Chester joined FNZC in mid-2016 as an Assistant Research Analyst after graduating from Stetson University, Florida majoring in Finance.