Daniel Kemp
The Australian asset manager will lose control of The Infrastructure Fund on 31 March with Utilities Trust of Australia termination date to follow in coming months.
The infrastructure and agriculture advisor has poached Andrew Polson from MyState, who will take the helm in May.
Incumbent CEO Craig Meller to step down in 2018 after five years in the role.
The Australian government will help fund the development of a new pipeline of infrastructure projects across southeast Asia to “attract sustainable public and private financing”.
Purchase sees Transurban move into second market in North America.
Six of the country's largest investors have signed an open letter calling on asset managers to adhere to a code of conduct, in a move to 'rebuild confidence.'
The €1bn stake acquisition is also its first deal in Spain and its third water deal globally.
Growers will also be able to acquire equity in the facility, which an insider called 'a turning point' for the struggling industry.
Its equity financing for the 226MW Murra Warra wind farm in Victoria represents the firm’s first major foray into the country’s wind energy space.
Embracing new technology needed for autonomous vehicles would have positive effects on the power generation sector, argues the latest report from AMP Capital.