New Zealand’s state-owned investor, NZ Super, has taken a bold step with a direct investment worth almost US$300 million in financial services provider Euroclear.The NZ$65.3 billion (US$38.8 billion) NZ Super is taking a 4.99% slice in the Brussels-based company, which has EUR36 trillion (US$38 trillion) in assets under custody.The decision...
New Zealand’s state-owned investor, NZ Super, has taken a bold step with a direct investment worth almost US$300 million in financial services provider Euroclear.The NZ$65.3 billion (US$38.8 billion) NZ Super is taking a 4.99% slice in the Brussels-based company, which has EUR36 trillion (US$38 trillion) in assets under custody.The decision...