Browsing: Infrastructure

Posts Tagged ‘ Infrastructure ’

Systemic Impact and ESG Investing in Smart Cities

Feb 2nd, 2021 | Filed under: Data Science & AI, State of the Industry, Featured Post, Infrastructure, Newly Added, ESG, Commodities & Natural Resources

What is a smart city? By definition, a smart city is “a city that uses technology and data purposefully to make better decisions and deliver better quality of life.”  Technology is intricately embedded into the everyday life of city dwellers through network devices, applications, and widely distributed usage.  The combinationRead More


Greenfields and Brownfields: Asian Investors Backing Infrastructure Investments

Dec 22nd, 2019 | Filed under: State of the Industry, Featured Post, Infrastructure, Private Debt, Newly Added, Hedge Funds, Commodities & Natural Resources

The Asian Infrastructure Investment Bank has taken a 30% stake in Bayfront Infrastructure Management. Clifford Capital, with the backing of the government of Singapore, has the other 70%. They have created Bayfront (with a combined capitalization of $180 million) to mobilize  a pool of infrastructure investors in the expectation thatRead More


Africa: Alpha for the Bold

Dec 15th, 2019 | Filed under: State of the Industry, Featured Post, Infrastructure, Newly Added, Asset Allocation, Commodities & Natural Resources

The CFA Institute, in conjunction with the African Stock Exchanges Association (ASEA), has put together a book on the challenges and opportunities in the African capital markets. In Africa as elsewhere, fortune favors the bold. For example—and this is not an example from the ASEA and CFA Institute’s book—the EnkoRead More


AIMA: Looking at the Canadian Landscape

Oct 22nd, 2019 | Filed under: Data Science & AI, State of the Industry, Access to Alternatives, Featured Post, Infrastructure, Newly Added, Hedge Funds, Commodities & Natural Resources

The Alternative Investment Management Association first opened a branch in Canada in 2003. In recent days, AIMA has posted a report on what it calls the “landscape.” It doesn’t mean the Rockies. It means the lay of the land for alternative investments in that country. AIMA’s report looks at aRead More


The Dangers and Attractions of Infrastructure Investing

Jul 4th, 2019 | Filed under: State of the Industry, Featured Post, Infrastructure, Newly Added, Commodities & Natural Resources

An arm of Brookfield Asset Management, Brookfield Infrastructure, announced that it is leading a group of investors to buy Genesee & Wyoming for a cash payment of $112 per share, a premium of nearly 40% over the pre-announcement stock price. This is a big infrastructure play. G&W is a freightRead More


Pension Funds Not Quite Swamped by ‘Grey Tsunami’

Mar 5th, 2019 | Filed under: State of the Industry, Featured Post, Real Estate, Private Equity, Infrastructure, Private Debt, Newly Added, Asset Allocation, Hedge Funds, Commodities & Natural Resources

A recent study of public employee retirement systems in the United States reaches conclusions, that, after a fair amount of “grey tsunami” alarmism in recent years, sound reassuring. The study, based on a recent survey of system managements conducted by the National Conference of Public Employee Retirement Systems (NCPERS) inRead More


Green Bonds: The Future of Infrastructure Investing

Feb 24th, 2019 | Filed under: State of the Industry, Featured Post, Infrastructure, Private Debt, Newly Added, ESG, Hedge Funds, Commodities & Natural Resources

Two scholars affiliated with the Centre for International Governance Innovation, Waterloo, Canada, have taken a look at the future of green bonds, that is, bonds whose proceeds are employed to fund environmental initiatives. The paper, by Olaf Weber and Vasundhara Saravade, begins with a guesstimate as to the amount ofRead More


The Realities of Real Assets

Apr 3rd, 2018 | Filed under: Featured Post, Real Estate, Newly Added, Commodities & Natural Resources

A London-headquartered specialist consultant, bFinance, has prepared a report on the trends that have emerged over the last decade in the way both investors and managers think about the real assets in portfolios. There are, the paper says, three trends at work. First, investors are becoming both more sophisticated andRead More


KPMG’s Report Cards on Real Assets

Jan 23rd, 2018 | Filed under: State of the Industry, Featured Post, Real Estate, Infrastructure, Newly Added, Commodities & Natural Resources

KPMG has posted a new paper looking at the role of real assets (defined as “anything where there is a tangible/physical asset being traded”) within a portfolio, with a focus on opportunities for U.K. based institutional investors, especially pension schemes. It begins with a brief survey of the field. RealRead More


Transparency in Alternative Investing

Aug 24th, 2017 | Filed under: Featured Post, Newly Added, Risk Management

In February of this year, the Economist Intelligence Unit surveyed 200 senior asset managers and institutional investor executives to learn what factors are most important in the way they make their decisions. Several different types of institution were involved, including hedge funds, private equity firms, insurance companies, and nonprofits. Also,Read More


Real Estate Tops the Willis Alternative Investment League Table

Aug 10th, 2017 | Filed under: State of the Industry, Featured Post, Manager Selection, Newly Added, Hedge Funds

Willis Towers Watson (NASDAQ: WLTW) recently posted its Global Alternatives Survey. WLTW is a consultancy with a long history, roots going back to 1828, and that now has 40,000 employees serving clients in 140 countries. The gist of its new report is that the alternatives asset industry has grown toRead More


A Critique of the Listed Infrastructure Sector

Jul 18th, 2017 | Filed under: Featured Post, Newly Added, Commodities & Natural Resources

A new study by EDHECinfra (EDHEC’s infrastructure institute based in Singapore), has a striking point of view on the whole “listed infrastructure” sector, which it says is based on the “fallacy of composition.” In economics and in logic, the term “fallacy of composition” refers to the general prejudice that ifRead More


Real Estate: A Global Outlook

Jul 13th, 2017 | Filed under: Featured Post, Infrastructure, Newly Added, Commodities & Natural Resources

PWC and the Urban Land Institute have jointly issued a report on “emerging trends in real estate” around the globe, which stresses that real estate’s attraction as an investment, even as a cross-border investment, has held up notwithstanding unprecedented levels of concern about geopolitics. The “global drift back to domesticRead More


Saving the World: One EM City at a Time

Oct 10th, 2016 | Filed under: Featured Post, Infrastructure, Newly Added, Commodities & Natural Resources

The Global Commission on the Economy and Climate has issued a new report urging governments and major financial institutions to “scale up and shift investment to sustainable infrastructure as a fundamental strategy….” The report, The Sustainable Infrastructure Imperative, has no force as law or policy anywhere, but it may signalRead More


Private Capital Fundraising Slows: Green and Brown Valleys

Jul 14th, 2016 | Filed under: State of the Industry, Featured Post, Real Estate, Infrastructure, Newly Added, Commodities & Natural Resources

Preqin, the multinational data and consulting firm, has looked at the second quarter and found it was, for private capital fundraising  … slow. So was the quarter before it. Together they made up the first half of 2016, in which the funds closed in the world of private capital globallyRead More


How Public Pensions Are Getting Smart About Infrastructure

Sep 24th, 2015 | Filed under: State of the Industry, Commodities & Natural Resources

Guest columnist Jill Eicher looks at how public pension funds are cutting out the middle man and leveraging the power of their own capital for infrastructure investments.Read More


Advancing the Infrastructure Investment Narrative

Aug 11th, 2014 | Filed under: Infrastructure, Hedge Funds

Intuitively, the problem with valuing the debt issued by an private SPE in an illiquid infrastructure project is this: the free cash flows of the SPE aren't easily observed. So how does one go about deriving their present value? Read More


Investing in Britain’s Infrastructure: With and Without Guarantees

Jan 28th, 2013 | Filed under: State of the Industry, Infrastructure

The bottom line of EDHEC's study is that there is no need to create new public sector liabilities to get private sector institutions to invest in infrastructure. Read More


Crumbled Portfolios Look to Rebuild with Infrastructure Investments

Feb 9th, 2012 | Filed under: Infrastructure, Manager Selection, Hedge Funds

Infrastructure is a perpetual investment, whether it's rebuilding old, existing underpinnings in developed markets or building the foundations that turn an emerging nation into a developing one. Preqin looks at this lesser known investment that underpins many alternative portfolios.Read More