Story: Stock market

Ron Brierley, 1970

Ron Brierley, born in 1937, established his investment firm Brierley Investments Ltd (BIL) in 1961. He invested in companies with low share prices and valuable assets. His style of corporate raiding was not always welcomed by the stock exchange, which in the late 1960s refused to list BIL. However, in 1970, when this photo was taken, the company was listed. By 1984 it was the most valuable in terms of capitalisation on the stock exchange. Brierley, who was knighted in 1987, retired from control of BIL in 1990. Listen to his biographer, Yvonne van Dongen, talk in 1990 about why the stock exchange was unwilling to list BIL.

Sound file from Radio New Zealand Sound Archives Ngā Taonga Kōrero. Any re-use of this audio is a breach of copyright. To request a copy of the recording, contact Sound Archives Ngā Taonga Kōrero (GMNZ - Interview on Ron Brierley biography/Reference number C901105E).

Using this item

Te Ara - The Encyclopedia of New Zealand
Reference: Yvonne van Dongen, Brierley: the man behind the corporate legend, Auckland: Viking, 1990.

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How to cite this page:

David Grant, 'Stock market - Towards a national exchange, 1950–1984', Te Ara - the Encyclopedia of New Zealand, http://www.TeAra.govt.nz/en/speech/23683/ron-brierley-1970 (accessed 15 December 2019)

Story by David Grant, published 11 Mar 2010