NZ Super Fund named world's most innovative

Chairman Gavin Walker said the award recognised the Fund's transparency, consensus-based decision-making and a shift away from a traditional asset allocation 'bucket' approach to investing.


Dexia in talks over asset management arm

Neither the Belgo-Dutch financial group nor GCS Capital, which is run by two former senior investment bankers at HSBC, gave many details on the talks, but a deal for the European asset manager could be worth up to €500m, according to bankers.


BNP Paribas launches alternative asset admin service

BNP Paribas Securities Services has this week launched an administration service for alternative assets which it says is aimed at helping institutional investors manage their private equity, infrastructure and real estate investments more efficiently.