One of Europe's biggest pension fund managers, and one of its biggest exchange operators, are the latest to sign up to a new technology service offering "unconflicted" access to companies' management teams by cutting banks out of the loop.

PGGM Investments, which manages €182.6 billion for seven Dutch pension funds, said it was increasingly dealing directly with the companies who issue the equities it invests in, and the service, known as Ingage, would help it to do so more efficiently.