Resorting to a plebiscite to block the privatisation of airport operator ADP would not only be counterproductive, it would set a dangerous precedent whereby a minority in parliament could block legislation it didn’t like.
The Operating Principles for Impact Management, published by the IFC, set a clear common market standard for what constitutes an impact investment and addresses concerns about 'impact-washing'.
Asset manager estimates the subsector could require as much as $4.5trn in financing over the next 10 years as bank lenders exit the market.
Yet other hurdles remain, including a possible referendum on the proposed sale that is pending approval by the Constitutional Council.
Outside renewables, Chinese investors acquired no Australian infrastructure in 2018, the only deal being a buyout of engineering firm RCR Tomlinson’s rail arm.
KIC chairman Heenam Choi explains why the sovereign wealth fund is looking to invest in alternative asset classes.
The move comes less than a month after the government said the fund would stop investing in upstream oil and gas.
Prime Minister Narendra Modi is perceived as a reformer that helped lure foreign capital into India's infrastructure sector, but experts believe the market will remain attractive even if the incumbent PM suffers an electoral defeat.
The industry group has teamed up with consultant Colmore, whose Fee Allocation Incentive Reporting programme aims to help investors ensure they are not overpaying for alternatives.
American Triple I Partners CEO David Cibrian believes there is a healthy pipeline to be found in smaller US markets.
The firm’s co-founder says the amount of debt in global economies is worrying, along with dysfunction in government and challenges brought by ageing societies.
Both institutional investors and equities shareholders have been pushing for consolidation in private markets in a bid to stabilise profits.
No one disputes the regulator’s role in ensuring Denmark’s pension funds invest responsibly. But the lack of clarity over specific requirements isn’t helping anyone.
DPFP slashes its target allocation from 5% to zero, despite the asset class generating the highest returns over the past three years and since it was introduced into the fund.
While the rest of the world is nudging up the tax payable on carried interest, Hong Kong is mulling a move the other way.