With an outstanding track record spanning over 23 years, €6.7 billion in direct infrastructure debt and equity investments made since inception, and €3.7 billion of funds currently under management, we are one of the world’s largest and most experienced independent infrastructure managers.
We are a long-term investor, partnering with clients to invest in true infrastructure assets that protect real investment value, while providing predictable cash returns. This is achieved by investing in assets with clear and measurable cash flows and adding value through active asset management.
July 2021
In this month’s article, we discuss Japanification in the midst and aftermath of the COVID-19 era. We begin by providing a refresher on Japan’s economic experience since the early 1990s. We then turn to the unconventional monetary policy settings that have become conventional across the developed world, and how, when paired with structural issues, the likelihood of a Japanification scenario increases.
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June 2021
Climate change and the risks that go with it have been front of mind for investors and regulators alike for several years. In this month’s article, we provide a specific, but very relevant example of how climate change is impacting investors’ portfolios today. Wildfire activity in the state of California has increased dramatically over the past several decades, with 2020 marking the worst year on record.
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May 2021
In this month’s article, we unpack the risk of conflict between China and Taiwan. We begin by providing an overview of the complicated relationship between China, Taiwan and the US, and why conditions are growing increasingly favourable for conflict. We then touch on the significant economic and financial market disruption such a conflict could have, not only because of the importance of the region in global trade routes, but also because of the possibility for the weaponisation of trade.
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April 2021
This thought leadership article provides investors an update on modern slavery developments. We describe the impacts of the global pandemic, and recent legislative efforts in the US and other jurisdictions aimed at combatting modern slavery. We also consider two case studies where forced labour was found in infrastructure, an asset class at particular risk of modern slavery. Finally, we consider what these developments mean for upcoming investor disclosure.
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March 2021
In this month’s article, we discuss the outlook for the USD in global financial markets, starting with the key drivers for the medium term and the associated investment implications. We discuss the role that the USD plays in global markets, and why its weak outlook has reignited claims it will lose its top currency spot. We finish by considering whether there are reasonable alternatives to the USD as the global reserve currency and if there is any imminent risk of a reserve currency rotation.
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Kinland owns a portfolio of 227 preschools and 18 care properties across Norway, Finland, Sweden, Poland and The Netherlands. Kinland is a pure asset owner, with long-term, inflation linked, triple-net leases with leading preschool operators. Contractual terms are typically for 15 to 20-years and often include additional 15-year extension options.
Southern Water is a licensed monopoly provider of water and wastewater services in the UK. The company supplies water and wastewater treatment services to more than 4.6 million people in the South East of England, one of the most populous and affluent regions in England. Southern Water is regulated by Ofwat.
Arqiva is a UK telecommunications company which owns and operates the UK’s terrestrial transmission network with respect to television and radio broadcast. Arqiva also provides satellite transmission services to content providers; transmission and access services to mobile network operators and public safety organisations; and smart metering services.
One of the world’s most experienced infrastructure managers & investment strategy advisers
