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Voters will head to the polls in California this November to decide on a measure that once again shows how infrastructure often turns into a political football for legislators. โ€œThereโ€™s a political battle going on here which has nothing to do with California infrastructure,โ€ Kelly DePonte, managing director at San Francisco-based placement agent Probitas Partners, [โ€ฆ]
Global investors have steadily been adding new strategies to their portfolios in the past three years with private debt, unlisted infrastructure, unlisted real estate and emerging markets equity topping the list, a new survey by London-based specialist consultant firm bfinance found. Of the 485 senior investment professionals surveyed, 66 percent said they had added a [โ€ฆ]
While โ€˜room for improvementโ€™ remains in ESG asset reporting, there has been a notable increase in funds submitting themselves to the bodyโ€™s assessments โ€“ up 17% on last year.
Transportation consultants are regularly misusing mathematical methods to flatter their modelsโ€™ explanatory capabilities. Robert Bain explains how and why investors should heed the warning signals.
A draft infrastructure bill recently introduced by the chair of the House Transportation Committee does a good job addressing what needs to be fixed and how. But it does not yet establish the framework the public and private sectors need.
With managers increasingly putting pressure on LPs to enter the carry early, Threadmark partner Patricia Wilkinson and PEI senior editors Bruno Alves, Jonathan Brasse and Toby Mitchenall look across asset classes to find out whether the status quo really is changing.
The line between opportunistic investments, legitimate expansion of the asset classโ€™s boundaries and strategy drift is a fine one to tread.
The Canadian pension is targeting a C$40bn infrastructure portfolio within five years, after adding C$400m in assets from March to June this year.
A โ€˜paradigm shiftโ€™ in US regulation could lead to foreign investments, even for minority stakes, submitted to mandatory reviews.
The hurdle rate is facing downward pressure; investors might just let it slide.
The Eno Center for Transportation argues โ€˜privatisation for its own sake is bad public policyโ€™ but is not averse to public-private partnerships when appropriate.
Watching the German government tie itself in knots to prevent China State Grid buying into 50Hertz drove home how inadequate its laws are.
Frank Kwok, co-head of Asia-Pacific for Macquarie Infrastructure & Real Assets, argues infra investors are 'ultimately looking for priviledged cashflows', whether it's in land registries or some of the more tradional assets the country has to offer.
With expenditure growing from 12% to 20% of global GDP, AMP Capital global head of infrastructure health Julie-Anne Mizzi is bullish on the sector, but warns it's not without challenges.
Global clean energy investments are down 1% in the first half of 2018 compared to last year, but the second quarter actually saw 8% more investment.
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