Infrastructure Look before you leap: measuring infrastructure fund performance can be more art than science For investors, being able to benchmark their performance is crucial. They do not need to outperform the benchmark — though they always hope to — but they certainly do not want to do worse than the market. In addition, benchmarks help investors pinpoint the areas of a diversified asset class that fit the risk-return parameters for their portfolios.
Infrastructure Assumptions challenged: I3 board members question perceptions of infrastructure markets A few weeks ago, I was in Toronto for our eighth annual I3 Editorial Advisory Board meeting, where the board discussed the challenges and opportunities in global infrastructure investing for institutional investors.
Infrastructure Energy funds dominating market: Nearly all infrastructure funds launched YTD 2015 have an energy focus According to the World Economic Forum, the world’s population will hit 9 billion by the year 2030. To support this population level, an estimated $5 trillion per year needs to be invested in global infrastructure. This is about $100 trillion over the next two decades.
Infrastructure U.S. pensions committing to infrastructure The Contra Costa County (Calif.) Employees’ Retirement Association has committed $75 million to Angelo Gordon Energy Credit Opportunities Fund, according to Timothy Price, CIO for the pension fund. The board has the ability to increase the amount to $125 million as the opportunity develops.
Infrastructure The money talks: takeaways from the I3 Editorial Advisory Board meeting and conference Each year, IREI holds its annual Institutional Investing in Infrastructure conference and Editorial Advisory Board meeting for the I3 publication, and this year the events were in Toronto for a second straight year. Even though most attendees say they would prefer Miami over Toronto — Lake Ontario is nice, but it is hard to compete with Miami beaches — Ontario’s capital city is a more practical choice (see page 24).