Daniel Kemp

The 6% annual returns JPMorgan AM predicts infrastructure equity will generate over the next decade, will ‘offset a lot of the pain that will at some point come’.

The 2019 Infrastructure Investor Hong Kong Summit took place against a backdrop of protests. It’s clear investors are aware of the opportunities that Asia can provide – but many are still wary of the risks involved.

As the rulemaker for Australia’s electricity market indicates it will not get rid of marginal loss factors, what effect is this likely to have on investment? And is the regulator’s position likely to change before its final ruling in January 2020?

‘Emerging areas like data management’ could be classified as critical infrastructure, Australian federal treasurer Josh Frydenberg said during a speech on the rise of China.

Infrastructure Partnerships Australia found just 49% of respondents saw ‘compelling’ investment opportunities in Australia, leading to a growing preference for unregulated and core-plus assets.

Undertakings by ANZ Terminals to divest a facility in South Australia and to exclude a facility at Port Kembla from the deal alleviates competition concerns, the competition watchdog said.

Representatives from Hyundai Insurance and China Ping An Insurance said proof of a manager’s skill will come during the next downturn.

The sovereign wealth fund thought the UK was the ‘best and safest place’ to invest, but ‘we were wrong’, its CIO said, referring to GIC’s negative experience with Heathrow Airport.

Partners Group’s Andrew Kwok cautions that growth in PPAs presents new risks to investors at the same time as supporting project investment cases.

The combined entity would have more than A$180bn of AUM and be larger than the country’s current largest fund, AustralianSuper.