Invest
Investors commit billions to infrastructure
On the back of growing interest in infrastructure, an asset manager has announced its global infrastructure platform has raised more than $2 billion in investment.
Investors commit billions to infrastructure
On the back of growing interest in infrastructure, an asset manager has announced its global infrastructure platform has raised more than $2 billion in investment.
AMP Capital announced that the new platform, which includes its Global Infrastructure Fund and the relaunched Strategic Trust of Europe (SITE), attracted $2.4 billion from more than 50 institutional investors across Europe, the Middle East and North America.
"We’re immensely proud of how we’ve evolved the global infrastructure platform to capture the best opportunities around the world, and the breadth of investors wanting to invest is testament to their belief in our investment strategy,” AMP Capital head of infrastructure equity Boe Pahari said.
“Our focus on assets in the middle market has seen us secure a compelling range of investments already and with our sector, geography and asset management expertise, along with an encouraging global deal pipeline for infrastructure, we are looking forward to securing more key assets and strong returns for our investors,” Mr Pahari added.
The platform’s assets cover transport, including Melbourne Airport and Angel Trains, as well as telecoms, energy, parking and water.
AMP Capital head of SMSF and self-directed wealth Tim Keegan said Australian investors are particularly active in the infrastructure space.
“Australia has actually been at the forefront of many developments in infrastructure globally. SMSF trustees especially are getting very excited about it because it’s quite a unique investment, it’s immediately appealing [and] they get it,” Mr Keegan told nestegg.com.au.
“Looking around Sydney and Melbourne you realise that there’s a significant need for infrastructure investments and governments don’t necessarily have the capacity on their balance sheets to do it themselves, hence the need for private investment as well.”
Cash
RBA makes first cash rate call for 2022
The RBA has announced its first rate decision for 2022. ...Read more
Cash
Cash remains king for many Australians
Demand for banknotes remains high despite a decline in cash transactions. ...Read more
Cash
Interest rates to rise next year?
Commonwealth Bank has seconded Westpac’s predictions, forecasting that interest rates will rise well ahead of the RBA’s 2024 timeline. ...Read more
Cash
RBA makes latest official cash rate call
The Reserve Bank of Australia has made its May call on the official cash rate, with the economy said to be a long way from the conditions needed to precede a rate rise. ...Read more
Cash
RBA puts chatter of an earlier rate hike to rest
The Reserve Bank of Australia has put to rest chatter among investors that conditions for a higher cash rate could be met as early as next year, reaffirming its stance that the rate is “very likely...Read more
Cash
Australia tipped to go cashless by 2024
Australia is forecast to effectively go cashless in just three years, with three in 10 Aussies admitting that “going cashless would be great for the country”. ...Read more
Cash
Tips to finding a middle ground between equities and term deposits
With record-low interest rates and a volatile sharemarket, mature Australians looking to protect their assets while maintaining their income are being driven to fixed-income products, an industry expe...Read more
Cash
What’s next for paper money?
How many times in the past week have you actually had to pull out your wallet to pay for something? And out of those times, did you actually go to use cash? ...Read more
Wrapping up an eventful 2021
Listen now
What Omicron means for property, and are units right for first-time buyers? What is equity crowdfunding? Are industry super funds tapping into member funds to save their skins?
Listen now
Will housing affordability improve in 2022? Will buy now, pay later become the norm? Why are Aussies staying in failing super products?
Listen now
Who really benefits from crypto ETFs? How will the RBA respond to rising inflation? Could a mandate help address unpaid super?
Listen now
Cash
RBA makes first cash rate call for 2022
The RBA has announced its first rate decision for 2022. ...Read more
Cash
Cash remains king for many Australians
Demand for banknotes remains high despite a decline in cash transactions. ...Read more
Cash
Interest rates to rise next year?
Commonwealth Bank has seconded Westpac’s predictions, forecasting that interest rates will rise well ahead of the RBA’s 2024 timeline. ...Read more
Cash
RBA makes latest official cash rate call
The Reserve Bank of Australia has made its May call on the official cash rate, with the economy said to be a long way from the conditions needed to precede a rate rise. ...Read more
Cash
RBA puts chatter of an earlier rate hike to rest
The Reserve Bank of Australia has put to rest chatter among investors that conditions for a higher cash rate could be met as early as next year, reaffirming its stance that the rate is “very likely...Read more
Cash
Australia tipped to go cashless by 2024
Australia is forecast to effectively go cashless in just three years, with three in 10 Aussies admitting that “going cashless would be great for the country”. ...Read more
Cash
Tips to finding a middle ground between equities and term deposits
With record-low interest rates and a volatile sharemarket, mature Australians looking to protect their assets while maintaining their income are being driven to fixed-income products, an industry expe...Read more
Cash
What’s next for paper money?
How many times in the past week have you actually had to pull out your wallet to pay for something? And out of those times, did you actually go to use cash? ...Read more
More articles
Website Notifications
Get notifications in real-time for staying up to date with content that matters to you.
