Portfolio farming in New Zealand and Tanzania
My research features eight case studies from Tanzania and Aotearoa New Zealand.
The case studies presented here represent more than merely an attempt to account for “market heterogeneity” (while against the backdrop that the financial industry is often presented imagined as a homogeneous space). As will become obvious, the type and maturity of liabilities, the degree of control and regulation, shape the kinds of connections that are made and the impact that is produced. Such factors exert pressure on the investment chain. The investment models and financial operations express more than sectoral diversity: They reflect the specific “portfolio needs” of investors, and thus cater to different investment cultures, even though they also follow a more general script of assetization.
(Ouma 2020: 140-142)