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As the UK continues to consider the fallout of its recent votes, three leading infrastructure investors gather to tell us why they continue to have faith in the country despite the risks.
The UK is unlikely to be approved for a marketing passport in time for a 2019 exit from the EU.
Brexit will have implications for loan-originating fund structures but they may not be too dramatic, according to Patricia Volhard of Debevoise.
An extension of the guarantee system and credit enhancements are among the tools considered for infrastructure projects after March 2019.
.jpg?id=19327353363 "Brexit group urges EIB replacement for infra")
The ICE-led body, chaired by Sir John Armitt, believes EIB membership needs to be retained but wants the creation of a UK investment bank should such efforts fail.
The loss of more than 175,000 EU construction workers, equivalent to 8% of the workforce, could put the government’s £500bn infrastructure pipeline at risk.
We get a brief on the UK’s possible relationships with the lender and the European Fund for Strategic Investments once the country is now longer an EU member.
Political risk is a perennial infrastructure talking point, but this year’s stunning electoral upsets served as a reminder of just how disruptive voters can be.
(1).jpg "EU regulators dubious about AIFMD passport extension")
Offering an AIFMD passport to some jurisdictions may be of little benefit to EU investors, market participants say.
With much still to be decided about what the UK’s divorce from the EU will look like, investing long-term is no easy task. But three experts tell us why they remain upbeat about Britain.