Singapore – 13 June 2017 – EDHEC Infrastructure Institute-Singapore (EDHECinfra) is releasing 384
infrastructure debt and equity indices that will change the way investors measure infrastructure
investment performance and allow multi-trillion dollar increases in allocation to infrastructure
The new EDHECinfra private debt and equity indices cover 50% of the broad market capitalisation of
14 European markets, and provide investors with metrics that have been unavailable to them until
now, going back to 2000. Global market coverage is planned to be achieved by 2020.
The academic research behind these indices has benefited from the support of NATIXIS and the
Long-Term Infrastructure Investors Association (LTIIA) since 2012.
EDHECinfra indices are built using asset-level, hand-collected investment data, including
infrastructure projects and so-called ‘infrastructure corporates’. The infrastructure investment data
depository created and maintained by EDHECinfra covers hundreds of firms, thousands of debt
instruments and millions of cash flows and balance sheet items. It is the largest, most
comprehensive such database in the world.
Thanks to a unique, peer-reviewed private asset pricing technology, previously unavailable metrics
such as time-weighted and risk-adjusted returns, value-at-risk, duration, cash yields and a dozen
other performance measures of private infrastructure debt and equity investments are now
available to investors.
According to Frédéric Blanc-Brude, EDHECinfra’s Director: “Our benchmarks will change the way
investors approach and manage their infrastructure investments. Key asset allocation, prudential
regulation or performance attribution questions can now be answered, and trillions of dollars could
now be allocated to infrastructure based on these indices.”
Chairman of LTIIA, Mr Thierry Déau said that the EDHECinfra indices will introduce a new level of
transparency to assess the performance of infrastructure investments.
“We are delighted to see such progress. This ground-breaking work will help LTIIA take to the next
level its engagement with public and private stakeholders globally, with the objectives of increasing
the understanding of actual risks and rewards of the asset class and fostering long term investment
in infrastructure,” Mr Déau said.
Managing Director and Global Head of Portfolio Management at NATIXIS, Ms Anne-Christine
Champion declared that “investors can only benefit from a much deeper understanding of the
portfolio behaviour of private infrastructure debt instruments which is now available for them”.
“EDHECinfra is setting new standards for performance measurements for infrastructure debt
investments and NATIXIS is delighted with this paramount milestone for institutional investors’
investment in the asset class,” Ms Champion added.
EDHECinfra will continue to extend its geographical coverage of private infrastructure investment
data and will update its broad market infrastructure debt and equity benchmarks regularly.
The new EDHECinfra debt and equity indices can be consulted via the following links:
- EDHECinfra Debt Indices: http://benchmarks.infrastructure.institute/debt/
- EDHECinfra Equity Indices: http://benchmarks.infrastructure.institute/equity/
Each web page also gives access to downloadable index factsheets, research papers, and index price,
return and constituent data.