From the Current Issue
The $9.5 billion New Mexico Educational Retirement Board (NMERB) now has the ability to form partnerships and invest directly in infrastructure after a recently approved change to its investment policy.
For those InstitutionalInvesting in Infrastructurereaders who have not read Dr. Ashby Monk’s blog on the Institutional Investor magazine website, here is your introduction.
Most people if given the chance to compare Chicago and Spain might find it easier to think of the differences than the similarities — harsh, cold winters compared with a mild Mediterranean climate; the Cubs at Wrigley Field versus running with the bulls in Pamplona; deep-dish pizza and paella — but one thing the two share in common is leadership in private infrastructure investment.
As governments in Europe and the United States try to rein in public spending, there is a significant amount of regulatory change afoot, particularly with regard to subsidy levels in Europe for renewable energy, that poses challenges to infrastructure investors.
Strategic asset allocation, the process of determining target allocations based on a set of assets, is widely regarded as the most important decision in the investment process.
Ongoing urbanization, a growing middle class and increasing domestic consumption are escalating the need for new or improved infrastructure throughout Asia.
AMP Capital has earned approval from the South Australian Government to acquire the South Australian Schools Public-Private Partnership project on behalf of some of its funds and clients, including AMP Capital’s Community Infrastructure Fund and Core Infrastructure Fund.