Infrastructure is one long-term asset class that is well-suited to meeting the long-term liabilities of pension funds. However, it has traditionally been available to the largest pension funds only, those with the capital and contacts to access the best deals.
David Rogers, partner and founder of Caledon Capital Management, says pension plans of all sizes are looking for ways to reduce the risk from continued volatility in the public markets. For those looking to diversify and replace the returns they were once able to count on from equities, alternatives make sense.
When institutional asset managers want to smooth out volatility, one of the asset classes they turn to is global infrastructure.
Coverage of the 2011 Investment Innovation Conference.
The road ahead for infrastructure investments looks positive, but institutional investors are also likely to remain cautious of this asset class over the coming months, according to a report by Preqin.
Greystone Managed Investments has announced plans to develop an in-house infrastructure team led by Jeff Mouland, executive director and head of infrastructure.
Toronto-based office to be led by Jeff Mouland.
The rebuild of Montreal’s Champlain Bridge—reportedly the busiest crossing in Canada but weakening with age—may be brought to you by a pension fund. In fact, it’s not hard to find stories about a Canadian fund taking a stake in a British airport or an Australian toll road. But what’s behind the bustle?
Not without easy and direct access.
A group led by the Ontario Teachers’ Pension Plan has increased its stakes in two Chilean water utilities after making successful bids in government-held auctions. The transaction cost about $541 million. The controlling group led by Teachers’ upped its stake in Essbio S.A. to from 51.1% to 89.6% and now holds 94.2% of Esval S.A. […]