Franco-Belgian financial services firm Dexia is offering clients an investment model in which it will invest up to 40% of its money into alternative investments as an overwhelming majority of fund managers said they looked to private equity for business growth.
Dexia has previously invested in long-only, traditional assets classes: cash, equities and bonds. But it said over the next five years it would offer clients an option to invest 40% in alternatives and 60% in the traditional, long-only investments. At the end of next year, Dexia Private Banking should have between â¬3bn to â¬5bn of its assets in alternatives, the bank said.
