All Infrastructure articles – Page 13
-
Opinion
Infrastructure debt: the long-term alternative?
A consequence of the restructuring of banks’ loan books is that UK pension funds are going to be spoilt for choice when it comes to infrastructure debt offerings.
-
Opinion
How real assets fit into your inflation battle
‘Uncharted territory’ is the common presage increasingly heard across the industry whenever inflation and pensions are uttered in the same breath.
-
Opinion
Croydon eyes infrastructure as gilt alternative
Elusive returns over the past few years have led many pension schemes to look to alternative investments. Croydon Pension Fund is hoping infrastructure will provide the right results over the long term
-
Opinion
Pip battles into infra market to drive down fees
The development of the Pensions Infrastructure Platform has demonstrated the difficulties intrinsic to a do-it-yourself approach to a tough investment market.
-
NewsDC daily pricing blocking illiquid investments
Liquidity requirements for defined contribution schemes are hampering their investment returns and ability to compete with defined benefit plans on the replacement income provided in retirement, an institutional investor group has warned.
-
Opinion
Schemes hold off infrastructure investment while Pip develops
Continued deliberation over the Pensions Infrastructure Platform is slowing overall investment in the asset class as schemes await detail on how the initiative will be set up, investment experts have reported.
-
FeaturesIndex-linked assets valued in low gilt yield environment
In this edition of Investment Blueprint, Aviva Investors' Chris Laxton looks at the various options for schemes seeking to hedge their inflation liability through index-linked assets such as housing and infrastructure.
-
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.
-
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.
-
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.
-
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).
-
FeaturesBA opts for real assets to match liabilities
British Airways’ New Airways Pension Scheme is the latest large fund to commit itself to infrastructure investment to manage long-term inflation risk.
-
FeaturesSchemes 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.
-
FeaturesFollow 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.