All Infrastructure articles – Page 14
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FeaturesSchemes wary of leveraged infrastructure deals
Chancellor George Osborne used his Autumn Statement to announce a plan to “unlock” pension funding for infrastructure investment. But Owen Walker finds schemes cautious of the risks associated with such deals.
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Features
Survey: Schemes concerned over PFI mixed messages
Owen Walker finds schemes are being put off investing in infrastructure due to the UK government’s unclear attitude to private finance initiatives (PFI).
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FeaturesStrathclyde tackles four main infrastructure risks
Strathclyde Pension Fund has agreed in principle to commit £100m to the Pensions Infrastructure Platform (Pip), and has invested £100,000 to help set up the initiative.
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Features
UK infrastructure too narrow for Leicestershire
The Leicestershire County Council Pension Fund has split £70m between two global infrastructure funds but feels the size of the UK market is too restrictive.
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FeaturesBA opts for real assets to match liabilities
The airline’s £8bn New Airways Pension Scheme has launched an investment portfolio of property and infrastructure to manage long-term inflation risk
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Features
Schemes warned to keep an eye on illiquid assets
Schemes such as British Coal are closely managing their liquidity risk to ensure they are not locking away too much cash in hard-to-sell investments such as private equity and infrastructure.
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Features
Follow Australia for higher infrastructure allocations
Comment: UK pension schemes need to follow their antipodean counterparts, with higher infrastructure allocations justified by the asset’s stable, long-term revenues, argues AMP Capital’s Richard Shields.