Infrastructure

EDHEC: Investors Who Don’t Want to be Mushrooms Need Benchmarks

Jun 16th, 2014 | Filed under: Asset pricing, Infrastructure, Private Equity, Today's Post

Investors need benchmarks, especially benchmarks of likely infrastructure return, because the long-term illiquid nature of that investment increases information asymmetry between investors and managers, whereas benchmarks keep this asymmetry bearable. So explains Frédéric Blanc-Brude of EDHEC.


European ETFs: Innovations the Key to Growth

Mar 27th, 2014 | Filed under: Academic Research, Alpha Strategies, Alternative Beta & Hedge Fund Replication, ETFs, Infrastructure, Today's Post

The way to keep growing is to keep changing. For the European ETF market, that means product innovation, from infrastructure funds to smart beta.


Global Warming and Human Ingenuity

Mar 17th, 2014 | Filed under: Book review, Infrastructure, Risk management, Today's Post

Early on in this book the author mentions that Deutsche Bank has made a small play in Royal Boskalis, a Dutch dredging and infrastructure company, one which may be in a position to capitalize on rising sea levels by building the sea walls this will require.


Alternatives and Thailand’s Infrastructure

Jan 14th, 2014 | Filed under: Alternative Mutual Funds, Emerging markets, Infrastructure, Today's Post

Despite the uncertainties generated by contemporary politics, Cerulli is convinced that "investing in alternatives such as property and infrastructure funds should remain a major theme in the Thai mutual fund space in 2014."


The Growing Problem of Technology Risk

Jan 12th, 2014 | Filed under: Infrastructure, Risk management, Technology, Today's Post

Does your risk management policies cover the "blue screen of death?" Maybe they should. Guest author Stephanie Hammer looks at the growing risk associated with technology and it's not just for high-frequency traders.


A Bird’s Eye View of India’s Real Estate Development and Regulation

Dec 23rd, 2013 | Filed under: Emerging markets, Infrastructure, Real Estate, Today's Post

Guest columnist Sourabh Jeswani explains regulatory changes in India's real estate market and the opportunities these changes may offer.


Celent: Back Office to the Front Burner

Dec 10th, 2013 | Filed under: Best Practices, Infrastructure, Today's Post

A new report, which concerns specifically the post-trade operations of equities and fixed income instruments, says that since the crisis of 2008 the management of costs has become "an utmost priority." Cost management, though, isn't the same as downsizing.


The Case for Investing in Green-Field Projects

Aug 14th, 2013 | Filed under: Infrastructure, Institutional Investing, Today's Post

Pension fund managers and insurers have long been less than thrilled by the idea of risking their assets in long-term, illiquid, infrastructure projects. EDHEC-Risk makes the case that their wariness, though not irrational, may be excessive.


Squeezed Margins and a Move to the Clouds

Jun 12th, 2013 | Filed under: Infrastructure, Performance, Analytics & Metrics, Today's Post

The world of cash equities trading is changing and will continue to change, says Celent. Brokerages will have to outsource in order to reduce costs and restore their margins: and some of the outsourcing will involve "the cloud."


Investing in Britain’s Infrastructure: With and Without Guarantees

Jan 28th, 2013 | Filed under: Infrastructure, Institutional Investing, Today's Post

The bottom line of EDHEC's study is that there is no need to create new public sector liabilities to get private sector institutions to invest in infrastructure.


More than $3 Trillion AUM for Top 100 Alternative Investment Managers

Jul 25th, 2012 | Filed under: Alpha Strategies, Hedge Fund Industry Trends, Hedge Fund Strategies, Infrastructure, Institutional Investing, Private Equity, Real Estate, Today's Post

The survey also asked that the asset managers state where their total assets are invested, using four geographical categories: Europe; Central/North America; Asia Pacific; Other. Commodity funds were easily the most heavily invested in C/NA, to the extent of 94 percent of their portfolios. Private equity funds are 61 percent invested in C/NA, and PE FoFs also have the majority of their portfolios there, at 54 percent.


Pension Funds and Blair’s PFI Legacy

Mar 21st, 2012 | Filed under: Infrastructure, Institutional Investing, Posting Categories, Social investing, Today's Post

Britain’s Private Finance Initiative has continued through the administrations since Blair’s, and indeed has inspired emulation across the Channel. At the same time, it has stirred up a good deal of criticism, and in November 2011 the Chancellor of the Exchequer announced a plan to reform the PFI. One of the reform proposals is to seek broader participation by pension funds, or in pale bureaucratic jargon, “access a wider range of financing sources.”


Crumbled Portfolios Look to Rebuild with Infrastructure Investments

Feb 9th, 2012 | Filed under: Alpha Strategies, Infrastructure, Today's Post

Infrastructure is a perpetual investment, whether it's rebuilding old, existing underpinnings in developed markets or building the foundations that turn an emerging nation into a developing one. Preqin looks at this lesser known investment that underpins many alternative portfolios.


Infrastructure: High in hiearchy of investors’ needs and hearts

Jan 23rd, 2012 | Filed under: Alpha Strategies, Infrastructure, Today's Post

Infrastructure is a basic need for any country, no matter what size. However, investing in infrastructure funds has been scant since its peak in 2007. That may be about to change.


The Investor’s Climate Change Conundrum: Is It Worth Watching Your Hamptons Beach House Sink Beneath the Waves Just to Make a Few Bucks from Carbon Emitters?

Dec 13th, 2011 | Filed under: Alpha Strategies, Infrastructure, Today's Post

We report on a talk given by Dr. Keith Crane of the Rand Organization about renewable energy and climate change at a meeting of the FInancial Policy Council. Dr. Crane showed that the cost differences between renewables and coal shrink when the costs of carbon emission controls are also counted. Subsequent research revealed possible reasons why the average person in the United States has a unique inability to accept climate science, in opposition to the conclusions of the U. S. Defense Department.