NZ Super Fund buys into European infrastructure provider
With approximately €36 trillion of assets under custody and over €1 quadrillion per annum worth of securities transactions, Euroclear provides post-trade services including transaction settlement, asset servicing and collateral management.
The Euroclear group includes Euroclear Bank, the International Central Securities Depositories, and operates the national Central Securities Depositories in Belgium, Finland, France, Ireland, the Netherlands, Sweden and the United Kingdom.
Through its acquisitions of MFEX (now MFEXbyEuroclear) in 2021 and Goji in 2022, Euroclear reinforced its capabilities in the global funds market.
In a statement, NZ Super Fund head of direct investments Will Goodwin said the transaction, which makes the NZ Super Fund Euroclear’s fifth-largest shareholder, provided a rare opportunity for the NZ Super Fund to increase its exposure to the global financial services sector.
Click the button below to subscribe and will have free unlimited access for a limited time to full article and all other articles on the site.
You will also be able to comment on articles on Good Returns.
