March 2018 Issue
Blast from the past
Infrastructure may still be trying to shake off its reputation as a “boring” asset class, but events in London reached an almost explosive conclusion last month. An unexploded 500kg bomb dropped on London during the Second World War was found 15 metres underwater at the King George V Dock, footsteps away from London City Airport. […]
Flying in the face of criticism
Environmental Protection Agency Administrator Scott Pruitt couldn’t stand the heat, so he got out of… economy. The administrator is reportedly flying first class these days after increasingly confrontational public encounters about his sceptical views on climate change and efforts to roll back environmental regulations since taking office last year. One example Politico reported was in […]
A fast-growing niche
DC Placement Advisors’ Nina Dohr-Pawlowitz, chief executive & head of fund placement, and Metodi Shopnikolov, vice-president, explain why investors are finding better risk-adjusted returns in infrastructure debt and why the asset class is here to stay
Shell game
By not increasing federal spending and pushing that responsibility down to states and local governments, President Trump is kicking the infrastructure can down the road, argues Joel Moser
Blunder Down Under
Infrastructure is not the only asset class bearing the brunt of Australia’s latest tightening of foreign investment rules. We ask Matthieu Favas, editor of sister publication Agri Investor, to explain how farmland is being affected.
Preparing for the next wave
Craig Shortus, ANZ’s head of utilities and infrastructure, walks us through the evolution of the Australian infrastructure market and tells us what to expect next.
End of an era? Not so fast
With large-scale projects in the pipeline, add-on investments to be done, a promising renewables market and interesting opportunities for those willing to venture off the beaten path, tales of the Australian market’s death have been greatly exaggerated.
Life in the fast lane
With infrastructure debt now experiencing a flood of liquidity, five industry experts tell Zak Bentley what sets funds apart, the relationship between institutional investors and banks and how to manage risk in a concentrated market.
Staying on top
Macquarie Infrastructure and Real Assets is the world’s largest infrastructure manager. Martin Stanley, the man at the helm, talks about its entrepreneurial regional strategy, why the UK’s nationalisation debate requires private sector engagement, and how it plans to be around for a long time.
The city of tomorrow, today
Alphabet’s Sidewalk Labs wants to use technological innovation to create a fully digitised smart city in Toronto, while innovating the financing structure for infrastructure assets.
The Trump infra plan’s PPP silver lining
Former Build America Bureau executive director Martin Klepper identifies five key provisions in the administration’s plan that could boost private infrastructure investment.
A lukewarm reception
The president’s framework has proposals to incentivise investment but places a heavy burden on local governments to figure out how that’s done.
A valuable lesson
How much value added comes from riding the interest rate curve versus more sustainable improvements?