Press coverage of the Institute

Featured image for “Financial Times: Pension fund slashes value of its Thames Water stake by almost two-thirds”

Financial Times: Pension fund slashes value of its Thames Water stake by almost two-thirds

Pension fund slashes value of its Thames Water stake by almost two-thirds Tim Whittaker, Research Director at EDHEC Infra &…
Featured image for “Bloomberg: Thames Water Valuation Cut Two-Thirds by Second-Biggest Investor”

Bloomberg: Thames Water Valuation Cut Two-Thirds by Second-Biggest Investor

“The write-offs were inevitable because the business had been mis-priced for several years.” Struggling water utility worth £2 billion after…
Featured image for “Funds Europe: Cop28 – All eyes on finance and climate action”

Funds Europe: Cop28 – All eyes on finance and climate action

EDHEC Infra & PA’s research warns that physical risks caused by climate change could lead to a more than 50% loss…
Featured image for “Capital Monitor: Climate change hits infrastructure investments”

Capital Monitor: Climate change hits infrastructure investments

In this article, Noel Amenc, Associate Professor at EDHEC Business School, and Frederic Blanc-Brude, Director EDHEC Infrastructure & Private Assets…
Featured image for “Infrastructure Investor: Climate risk – Not the day after tomorrow”

Infrastructure Investor: Climate risk – Not the day after tomorrow

Frédéric Blanc-Brude, Director of EDHEC Infra and Private Assets, shared the insights from the recent paper “It’s getting physical” which…
Featured image for “Chief Investment Officer (CIO): EDHEC Institute Warns UK Pensions Against Investing in Infrastructure”

Chief Investment Officer (CIO): EDHEC Institute Warns UK Pensions Against Investing in Infrastructure

Michael Katz highlights the Response in which EDHEC Infrastructure and Private Assets Research Institute warns that defined benefit pension plans in…
Featured image for “IPE Real Assets: Analysis – Has wind power peaked for institutional investors?”

IPE Real Assets: Analysis – Has wind power peaked for institutional investors?

Christopher Walker examines the major disruptions for investors in wind power recently, as three major players pulled out of projects. He…
Featured image for “L’AGEFI: Levée de bouclier au Royaume-Uni contre l’investissement accru des fonds de pension dans les actifs privés”

L’AGEFI: Levée de bouclier au Royaume-Uni contre l’investissement accru des fonds de pension dans les actifs privés

Des experts ont prévenu le ministre des Finances que son projet de flécher l’épargne retraite vers les infrastructures était trop…
Featured image for “P&I: U.K. pushing pension funds into private equity draws industry backlash”

P&I: U.K. pushing pension funds into private equity draws industry backlash

P&I echoed Bloomberg with the coverage: “EDHEC has proposed a valuation system that it believes would make infrastructure a more…
Featured image for “Bloomberg: UK Pushing Pensions Into Private Equity Draws Industry Backlash”

Bloomberg: UK Pushing Pensions Into Private Equity Draws Industry Backlash

Philip Aldrick and Katherine Griffiths discussed the industry’s reaction to the UK Department for Workk and Pensions to invest in…
Featured image for “Energy Monitor: infrastructure assets in advanced economies are most vulnerable to climate-related impacts”

Energy Monitor: infrastructure assets in advanced economies are most vulnerable to climate-related impacts

An insightful article by Polly Bindman about the importance of accurate data when it comes to infrastructure and its valuation.…
Featured image for “Top1000funds: Thames Water – A lesson in infrastructure valuations”

Top1000funds: Thames Water – A lesson in infrastructure valuations

In this article, Noël Amenc, Associate Professor at EDHEC Business School, discusses the financial difficulties faced by Thames Water, a…
Featured image for “Responsible Investor: ESG Investor “EOPIA Warned on Climate Risks to Infrastructure Investment””

Responsible Investor: ESG Investor “EOPIA Warned on Climate Risks to Infrastructure Investment”

Fiona McNally highlights the issues addressed by EDHEC’s Infrastructure and Private Assets Research Institute in the Open Letter to European…
Featured image for “Bloomberg: Funds Hoarding Alternative Assets Face ‘Very High’ ESG Risk”

Bloomberg: Funds Hoarding Alternative Assets Face ‘Very High’ ESG Risk

Portfolios risk seeing 50% NAV loss in worst-case scenario. EIOPA has already taken some steps to address climate risk. Frances…
Featured image for “The Times: Thames Water hit by writedown from biggest shareholder”

The Times: Thames Water hit by writedown from biggest shareholder

Thames Water’s biggest shareholder has cut the valuation of its stake by almost 30 per cent, raising fresh questions over…
Featured image for “The Guardian: Thames Water’s biggest investor has cut value of stake by nearly 30%”

The Guardian: Thames Water’s biggest investor has cut value of stake by nearly 30%

Debt-laden company has faced questions over financial stability and ability to raise funds. The biggest investor in Thames Water has…
Featured image for “Financial Times: Thames Water’s biggest investor cut value of its stake by 28%, July 2023.”

Financial Times: Thames Water’s biggest investor cut value of its stake by 28%, July 2023.

Thames Water’s biggest investor slashed the value of its stake last year, raising questions about how easy it will be…
Featured image for “IPE Real Assets:  Guest view: Why infrastructure needs climate benchmarks”

IPE Real Assets: Guest view: Why infrastructure needs climate benchmarks

Christopher Walker and Darwin Marcelo discuss the necessity of climate benchmarks among infrastructure investors. Darwin Marcelo, project director for the…
Featured image for “Asia Asset Management: Singapore firm wins Japan’s GPIF mandate to assess private infrastructure portfolio”

Asia Asset Management: Singapore firm wins Japan’s GPIF mandate to assess private infrastructure portfolio

Singapore research firm EDHEC Infrastructure and Private Assets (EDHECinfra) has won a mandate from Japan’s Government Pension Investment Fund (GPIF)…
Featured image for “IJ Global: Japan’s GPIF, EDHECinfra ink commercial agreement”

IJ Global: Japan’s GPIF, EDHECinfra ink commercial agreement

Japan’s Government Pension Investment Fund (GPIF) has appointed EDHEC Infrastructure and Private Assets (EDHECinfra) to evaluate the fair value of…
Featured image for “IPE Real Assets: Japan’s GPIF hires EDHECinfra to assess fair value of infrastructure portfolio”

IPE Real Assets: Japan’s GPIF hires EDHECinfra to assess fair value of infrastructure portfolio

In this article, Razak Musah Baba highlights the recent commercial agreement between Japan’s ¥191trn (€1.22trn) Government Pension Investment Fund (GPIF)…

L’AGEFI: Le GPIF confie un mandat d’analyse des investissements non-cotés à un consultant français

Le fonds de pension du secteur public japonais veut pouvoir estimer en juste valeur ses investissements en actions d’infrastructures non…
Featured image for “Infrastructure Investor: Japan’s GPIF to make direct LP commitments in infra for first time”

Infrastructure Investor: Japan’s GPIF to make direct LP commitments in infra for first time

GPIF head of infra Kikuko Emae said ‘larger funds with stable track records’ would be the main area of focus…
Featured image for “Infrastructure Investor: Japan’s GPIF to make direct LP commitments in infra for first time”

Infrastructure Investor: Japan’s GPIF to make direct LP commitments in infra for first time

GPIF head of infra Kikuko Emae said ‘larger funds with stable track records’ would be the main area of focus…
Featured image for “Tenacemente: Investire green conviene?”

Tenacemente: Investire green conviene?

” Secondo una recente indagine condotta in Francia dall’istituto economico EDHECinfra, investire soldi in energia rinnovabile è diventato uno degli…
Featured image for “Institutional Investor: U.K. LDI Guidance Ignores Private Assets, Academics Say”

Institutional Investor: U.K. LDI Guidance Ignores Private Assets, Academics Say

Researchers at EDHEC say the United Kingdom was too hasty in issuing guidelines. The U.K. Pensions Regulator may have acted…
Featured image for “Net Zero Investor: Challenges to net-zero infrastructure investing”

Net Zero Investor: Challenges to net-zero infrastructure investing

Darwin Marcelo from EDHECinfra discusses how to overcome issues involving data and metrics to reach net-zero emissions in infrastructure investments.…
Featured image for “The Conversation: The rise of renewables is not without risk for investors”

The Conversation: The rise of renewables is not without risk for investors

While renewables are enjoying record profits, the risks faced by investors are also increasing! The authors of the article in The…
Featured image for “IPE Real Assets: Guest view – The denominatrix”

IPE Real Assets: Guest view – The denominatrix

In this article, Noël Amenc, Associate Professor, EDHEC Business School & Director, Scientific Infra, and Frédéric Blanc-Brude, Director, EDHEC Infrastructure…

The Actuary: Asset assessment of airports missing key data

In recent coverage of EDHECInfra’s airport report, reporters of The Actuary said that infrastructure investors are increasingly concerned that carbon…
Featured image for “Infrastructure Investor: Developing a taste for non-vanilla renewables”

Infrastructure Investor: Developing a taste for non-vanilla renewables

Kalliope Gourntis analyses the trends in renewables investment and highlights that renewables have matured and gone mainstream. “Investors are going…
Featured image for “IPE Real Assets: UK introduces new windfall tax and plans to legislate Solvency II reforms”

IPE Real Assets: UK introduces new windfall tax and plans to legislate Solvency II reforms

Richard Lowe reviews the windfarm industry in the UK and the impacts new tax plans could have to legislate Solvency…
Featured image for “IPE Real Assets: Renewables to become riskier investment unless storage keeps pace – EDHEC”

IPE Real Assets: Renewables to become riskier investment unless storage keeps pace – EDHEC

Lauren Mills reflects on EDHECinfra’s latest report where the authors, Laurence Monnier (Director of 1PlanetInfra, Advisory Board member of EDHECinfra)…

Point Banque: TRIBUNE – Une (sur)performance amenée à durer pour les investissements verts?

L’été que nous venons de passer est la confirmation que les effets du réchauffement climatique sont plus forts et plus…
Featured image for “The Conversation: Investissements verts : une (sur) performance amenée à durer ?”

The Conversation: Investissements verts : une (sur) performance amenée à durer ?

L’été que nous venons de passer est la confirmation que les effets du réchauffement climatique sont plus forts et plus…

Le Journal du Dimanche: Pourquoi les investisseurs s’enthousiasment pour les énergies renouvelables depuis dix ans

Noël Amenc, professeur de finance et Frédéric Blanc-Brude, directeur de l’EDHEC Infrastructure Institute, reviennent sur l’engouement des investisseurs pour les projets…
Featured image for “Corporate Advisor: Question time for net zero”

Corporate Advisor: Question time for net zero

John Lappin investigates if the net zero consensus is under threat. He referred to the Open Letter to Stuart Kirk,…
Featured image for “Australian Financial Review: Solar and wind are losing their green premium”

Australian Financial Review: Solar and wind are losing their green premium

Tony Boyd reveals the findings from the EDHECinfra’s research paper “The pricing of green infrastructure”. He outlines that excess demand…

News Manager: Edhecinfra prend position contre le gaz dans la taxonomie verte

Edhecinfra, le fournisseur des données et d’indices affilié à l’école Edhec Business School, vient d’annoncer son soutien à une action…
Featured image for “Financial Investigator: EDHECinfra expresses strong support to four environmental groups who launched legal action against the inclusion of gas in the EU taxonomy”

Financial Investigator: EDHECinfra expresses strong support to four environmental groups who launched legal action against the inclusion of gas in the EU taxonomy

Financial Investigator describes the facts provided by Noël Amenc, associate professor at EDHEC Business School, director at Scientific Infra and…

Benefits and Pensions Monitor: EDHECinfra Joins Legal Action Over Gas Inclusion

Journalists from Benefits and PEnsions Monitor updated the readers about the efforts that EDHECinfra is doing to support four environmental…

Corporate Adviser: CA Summit 2022: Returns on green infrastructure set to fall

Read the full story here.…

SDG Action: Wanted: data on pricing climate risks

by Frederic Blanc-Brude, Director, EDHECinfra & CEO, Scientific Infra Private markets function on data – but the data to accurately…

Financial Review: IFM Investors’ war on Atlas Arteria gets personal

Jenny Wiggins had a closer look at Atlas Arteria story. “IFM Investors is raising questions over the capability of Atlas…
Featured image for “Australian Financial Review: Atlas Arteria’s highway to the Chicago Skyway”

Australian Financial Review: Atlas Arteria’s highway to the Chicago Skyway

Jenny Wiggins has been analysing Atlas Arteria’s recent acquisition of Skyway highlighting the opinions of various analysts and CEOs. According…
Featured image for “IPE: EDHEC – Investors now paying ‘green premium’ for renewables”

IPE: EDHEC – Investors now paying ‘green premium’ for renewables

Richard Lowe, IPE’s editor, had a closer look at the pricing of green infrastructure and whether investors are willing to…

Mondovisione: EDHEC Infrastructure – Green Infra: Past Performance Is Not Necessarily Indicative Of Future Results

The expected returns of green power investments are now much lower than they used to be. As a result, realised…
Featured image for “Infrastructure Investor: CBRE Investment Management: The road ahead for transportation infrastructure”

Infrastructure Investor: CBRE Investment Management: The road ahead for transportation infrastructure

Tania Tsoneva looks back at COVID’s impact on the transport sector and ahead at the trends and market forces that…
Featured image for “IPE: Investor groups warn UK against including gas in green taxonomy”

IPE: Investor groups warn UK against including gas in green taxonomy

Susanna Rust has quoted some of the major UK investors who have published an open letter to the UK prime…
Featured image for “Bloomberg: Suspended HSBC Banker Draws Ire From Academics Over Climate Rant”

Bloomberg: Suspended HSBC Banker Draws Ire From Academics Over Climate Rant

After drawing both cheers and rebukes from within the finance industry, HSBC Asset Management’s suspended head of responsible investing has…
Featured image for “ESG Investor: Asset Owners and Managers to Target Renewable and Social Infrastructure”

ESG Investor: Asset Owners and Managers to Target Renewable and Social Infrastructure

Report identifies prevalence of renewable energy in portfolios, but strong future interest in data-related projects. Asset managers and owners plan…
Featured image for “IPE: North American pension funds outperform infrastructure market in 2021”

IPE: North American pension funds outperform infrastructure market in 2021

Asset owners, such as pension funds and sovereign wealth funds, achieved the strongest risk-adjusted returns among a broader universe of…
Featured image for “IPE: Natural gas doesn’t need EU green taxonomy inclusion – EDHECinfra”

IPE: Natural gas doesn’t need EU green taxonomy inclusion – EDHECinfra

Suzanna Rust highlights the finding and facts from the new research note from the EDHECinfra, “The Cost of Capital of…
Featured image for “Bloomberg: Gas Companies Eye Green Debt After EU Rulebook Inclusion”

Bloomberg: Gas Companies Eye Green Debt After EU Rulebook Inclusion

John Ainger and Greg Ritchie provide some alternative views and feedback from the industry on the EU Commission decision to…
Featured image for “IPE Real Assets: Toll roads. Stay in lane”

IPE Real Assets: Toll roads. Stay in lane

Toll roads have recovered after the initial effects of COVID-19. Florence Chong reports on a surprisingly resilient sector. Read the…
Featured image for “IPE Real Assets: Airports. In for the long haul”

IPE Real Assets: Airports. In for the long haul

They have been hit the hardest, but does a multi-billion-dollar takeover mark the start of a recovery for airports? Florence…
Featured image for “IPE Real Assets: No more quartile lottery!”

IPE Real Assets: No more quartile lottery!

Frédéric Blanc-Brude, director and CEO, and Abhishek Gupta, Associate Director and Head of Product Development at EDHECinfra, speak about the…
Featured image for “Infrastructure Investor: Robust benchmarks needed for infra investors”

Infrastructure Investor: Robust benchmarks needed for infra investors

Frédéric Blanc-Brude, director and CEO, and Abhishek Gupta, Associate Director and Head of Product Development at EDHECinfra provided their expert…
Featured image for “AFR: Data opens up infrastructure options”

AFR: Data opens up infrastructure options

Christopher Niesche spoke with Abhishek Gupta, Head of Product Development at EDHECinfra, about infrastructure as a new asset class and…
Featured image for “P&I: Sydney Airport smiles on third bid from investor consortium”

P&I: Sydney Airport smiles on third bid from investor consortium

Douglas Appell analyses the situation with Sydney airport that considers the third offer from a consortium of infrastructure investors and…
Featured image for “P&I: Bid process for Sydney Airport puts pandemic’s impact in the limelight”

P&I: Bid process for Sydney Airport puts pandemic’s impact in the limelight

Sydney Airport, the target of a consortium of infrastructure managers and superannuation funds, is playing hard to get over pandemic…
Featured image for “Investment Magazine: Reframing infrastructure in the new portfolio context”

Investment Magazine: Reframing infrastructure in the new portfolio context

The difficulty large asset owners face in balancing sometimes conflicting messages around infrastructure were discussed at length in an online…
Featured image for “AFR: Building transparency into infrastructure investment”

AFR: Building transparency into infrastructure investment

As more super funds put money into infrastructure and as the government puts super returns under scrutiny, focus is turning…
Featured image for “Investment Magazine: New infrastructure valuation tools address the risks of inequitable switching”

Investment Magazine: New infrastructure valuation tools address the risks of inequitable switching

Ben Hurley takes a closer look at the question of infrastructure valuation. He examines challenges the industry faces in the…

DWS: Private infrastructure equity strategic outlook update H2 2021

DWS uses EDHECinfa data in their Alternative Research on Infrastructure, including index performance, revenue growth and total return rates, and…
Featured image for “The Business Time: ‘Common language’ and risk data critical to mobilise private capital, close sustainable infrastructure financing gap: Indranee”

The Business Time: ‘Common language’ and risk data critical to mobilise private capital, close sustainable infrastructure financing gap: Indranee

Kelly Ng takes the view on the lack of a common language on green finance and incomplete data on climate…
Featured image for “Inframation: News analysis: The ‘Next Big Test’ arrives for infrastructure – Inflation”

Inframation: News analysis: The ‘Next Big Test’ arrives for infrastructure – Inflation

Colin Leopold explains what could inflation and interest rate change mean for the infrastructure asset class. He thinks that the…
Featured image for “Infrastructure Investor: Peak infra has peaked”

Infrastructure Investor: Peak infra has peaked

A recently released EDHECinfra and LTIIA (Long Term Infrastructure Investors’ Association) research paper entitled “The Volatility of Unlisted Infrastructure Investments”…
Featured image for “Infrastructure Investor: Australia to introduce unlisted superfundbenchmarks for infra”

Infrastructure Investor: Australia to introduce unlisted superfundbenchmarks for infra

Daniel Kemp takes a long view at the benchmarks for unlisted infrastructure in light of the Your Future, Your Super…
Featured image for “AFR: Backlash against new super performance index”

AFR: Backlash against new super performance index

Tony Boyd examines the relevance of the proposed unlisted infrastructure benchmark in light of the Australian federal government’s superannuation reforms. “EDHEC…
Featured image for “IPE Real Assets: What the return of inflation means for real assets”

IPE Real Assets: What the return of inflation means for real assets

Jennifer Bollen enquiries about the return of inflation and discusses with Frederic Blanc-Brude what it could mean for real assets.…
Featured image for “ESG Investor: Plans to Unleash Sustainable Infrastructure Flows Accelerate”

ESG Investor: Plans to Unleash Sustainable Infrastructure Flows Accelerate

Elena Johansson discovers the trends and initiatives around Sustainable Infrastructure investment, perspectives and barriers the asset class faces and the…
Featured image for “Investment Magazine: Reinventing infrastructure: Data improvement is reframing the asset class”

Investment Magazine: Reinventing infrastructure: Data improvement is reframing the asset class

Ben Hurley highlights the importance of fair value in infrastructure investments with a focus on the situation in Australian superannuation…
Featured image for “Infrastructure Investor: II Global Passport: Infra ‘can do better now’ on valuations”

Infrastructure Investor: II Global Passport: Infra ‘can do better now’ on valuations

Zak Bentley highlights the main points and views discussed during the Valuation Deep Dive event organized by Infrastructure Investor. “Speaking…
Featured image for “IPE Real Assets: Do you know the fair value of your infrastructure investments?”

IPE Real Assets: Do you know the fair value of your infrastructure investments?

Thought Leadership article in the new issue of IPE Real Assets, by Frederic Blanc-Brude. “New asset valuation technology and data…
Featured image for “IPE Real Assets: Infrastructure ESG reporting schemes not capturing financial risks, EDHEC warns”

IPE Real Assets: Infrastructure ESG reporting schemes not capturing financial risks, EDHEC warns

Richard Lowe highlights the findings of EDHECifra’s paper “Towards a Scientific Approach to ESG for Infrastructure Investors”. “The EU’s Sustainable…
Featured image for “top1000funds: The importance of the right benchmark”

top1000funds: The importance of the right benchmark

A new paper by EDHECInfra argues that selecting the right benchmark could completely change investors’ preferred asset allocation to infrastructure…
Featured image for “IP&E Real Assets: Regulation – What SFDR means for infrastructure funds”

IP&E Real Assets: Regulation – What SFDR means for infrastructure funds

Infrastructure funds that market themselves as sustainable to EU investors will come under new rules from March, René Lavanchy reports.…
Featured image for “IP&E Real Assets: Should infrastructure investors write-down their airport investments?”

IP&E Real Assets: Should infrastructure investors write-down their airport investments?

“Investors should recognise that the risk premia used to discount the future cash flows has increased for the troubled sector,…
Featured image for “Inframation. In-depth: New Rules May Turn Super Funds Off Infrastructure”

Inframation. In-depth: New Rules May Turn Super Funds Off Infrastructure

Kate Burges investigates whether Australia’s super funds are going to abandon low-risk strategies, including infrastructure investing, to boost their returns…
Featured image for “IP&E: Why the largest infrastructure investors and managers outperform”

IP&E: Why the largest infrastructure investors and managers outperform

Richard Rowe highlights EDHECinfra’s findings from the case study “Unlisted Infrastructure Performance Contribution, Attribution & Benchmarking”. “The world’s largest infrastructure…
Featured image for “PDI: Asian investors switch on to infra”

PDI: Asian investors switch on to infra

Infrastructure debt continues to gain interest from long-term investors, particularly those in South Korea and Japan, reports Adalla Kim. Using…
Featured image for “AVCJ: Coronavirus & infrastructure: Trial by fire”

AVCJ: Coronavirus & infrastructure: Trial by fire

Justin Niessner takes a closer look on the impact COVID-19 has on the infrastructure investors. He states that conservative investors…
Featured image for “Infrastructure Investor: France has completely failed to regulate toll roads, says EDHEC”

Infrastructure Investor: France has completely failed to regulate toll roads, says EDHEC

Zak Bentley highlights the findings of a publication from the EDHEC Infrastructure Institute entitled “The cost of capital in motorway…
Featured image for “Canadian Investment Review: Is it time for pension plans to do away with absolute return benchmarks in infrastructure?”

Canadian Investment Review: Is it time for pension plans to do away with absolute return benchmarks in infrastructure?

Based on EDHECinfra paper, Canadian Investment Review outlines the main points raised in the Paper and highlights why infrastructure investors…
Featured image for “Infrastructure Investor: ‘No reason’ for infra investors to use absolute benchmarks, EDHECinfra says”

Infrastructure Investor: ‘No reason’ for infra investors to use absolute benchmarks, EDHECinfra says

In a new position paper entitled Infrastructure investors should abandon absolute return benchmarks, EDHECinfra argues there is no reason for…
Featured image for “IP&E: Top 100 Infrastructure Managers 2020: A big balancing act”

IP&E: Top 100 Infrastructure Managers 2020: A big balancing act

Maha Khan Phillips and Christopher O’Dea discover how Top 100 Infrastructure Managers are dealing with the COVID-19 crisis and their…
Featured image for “IP&E: Transport infrastructure: Global value lockdown”

IP&E: Transport infrastructure: Global value lockdown

Rene Lavanchy outlines the current state of transport infrastructure and uses EDHECinfra data to support the findings. “An index for…
Featured image for “CIR: What’s next for infrastructure assets after a rough Q1?”

CIR: What’s next for infrastructure assets after a rough Q1?

Yaelle Gang enquires about the impact of Covd-19 for infrastructure investors and looks at some data: “According to data from…
Featured image for “P&I: Infrastructure’s defensive role under scrutiny”

P&I: Infrastructure’s defensive role under scrutiny

Arleen Jacobius of P&I highlights the impact of Covid-19 on infrastructure assets. “Companies involved in midstream assets that transport energy,…
Featured image for “P&I: Infrastructure risk put to test with COVID-19”

P&I: Infrastructure risk put to test with COVID-19

Doug Appel takes the long view on infrastructure after Covid-19 in this piece which mentions the infra300 index. “The lack…
Featured image for “top1000funds: Investing in infra: living dangerously?”

top1000funds: Investing in infra: living dangerously?

An short piece on what covid-19 means for benchmarking infrastructure investments published in top1000funds. “What can infrastructure investors do this…
Featured image for “IP&E: EDHECinfra captures COVID-19 impact on private infrastructure market”

IP&E: EDHECinfra captures COVID-19 impact on private infrastructure market

“An inability to capture the true volatility of private infrastructure has always been a challenge for institutional investors when allocating…
Featured image for “IP&E: Infrastructure debt funds come of age”

IP&E: Infrastructure debt funds come of age

Chris O’Dea take a look at the private infrastructure debt space and used EDHECinfra spread data to make his point.…
Featured image for “IP&E: ESG in infrastructure – Benchmark blues”

IP&E: ESG in infrastructure – Benchmark blues

René Lavanchi reviews some of the issues and debates that keep making ESG and infrastructure investment a good research topic:…
Featured image for “FT: Infrastructure funds have become a way around decarbonisation targets”

FT: Infrastructure funds have become a way around decarbonisation targets

John Dizard explores recent trends in infrastructure investments and mentions our results when it comes to performance and risk for…
Featured image for “Unlisted infra assets deliver 14% gain in 2019, EDHECinfra index reveals”

Unlisted infra assets deliver 14% gain in 2019, EDHECinfra index reveals

Zak Bentley looks at the 2019Q4 release of the EDHECinfra indices. “In previous years, interest rates have gone down so…
Featured image for “CIR: The challenges of benchmarking infrastructure in a pension portfolio”

CIR: The challenges of benchmarking infrastructure in a pension portfolio

Benchmarking is important because it’s the only way to understand infrastructure investment on a multi-asset class basis, says Frederic Blanc-Brude,…
Featured image for “The Banker: Assessing sustainable infrastructure: the bigger picture”

The Banker: Assessing sustainable infrastructure: the bigger picture

“The infrastructure sectors and their related risks is a much more challenging task, according to Frédéric Blanc-Brude, director of the…
Featured image for “Institutional Investing in Infrastructure: A conversation with Frederic Blanc-Brude”

Institutional Investing in Infrastructure: A conversation with Frederic Blanc-Brude

i3 senior editor Drew Campbell recently spoke with Frederic Blanc-Brude, director of EDHEC Infrastructure Institute, about the state of benchmarks…
Featured image for “Why investing in resilience is here to stay”

Why investing in resilience is here to stay

Daniel Kemp discusses the future of sustainable investment in infrastructure and why it is though to measure and benchmark outcomes.…
Featured image for “Les Echos: La « smart infrastructure », clé de notre mutation économique”

Les Echos: La « smart infrastructure », clé de notre mutation économique

Pour Anne-Christine Champion (membre du Advisory Board EDHECinfra), responsable monde actifs réels chez Natixis, le secteur des infrastructures est un…
Featured image for “IP&E: Is infrastructure too expensive? In a word, no”

IP&E: Is infrastructure too expensive? In a word, no

Richard Lowe looks at the evidence available on the pricing of infrastructure assets. “Another interesting contention is that infrastructure was…
Featured image for “Portfolio Institutionell: Eine Infrastruktur aus Aktien”

Portfolio Institutionell: Eine Infrastruktur aus Aktien

Tim Büttner of Portfolio Institutionell takes a look at EDHECinfra’s research on listed infrastructure: „Diese sind jedoch recht rar und…
Featured image for “IP&E Real Assets: Why big is often best”

IP&E Real Assets: Why big is often best

Christopher O’Dea explores the role of size and the lack of liquidity in infrastructure investing, drawing from EDHECinfra results.…
Featured image for “IP&E Real Assets: Is infrastructure on the right track?”

IP&E Real Assets: Is infrastructure on the right track?

Richard Lowe reviews the state of the market and uses insights from EDHECinfra research.…
Featured image for “IP&E Real Assets: As OTPP invests in SpaceX, should infra investors look beyond ‘grounded’ assets?”

IP&E Real Assets: As OTPP invests in SpaceX, should infra investors look beyond ‘grounded’ assets?

At the annual EDHECinfra Days Conference in London, Frédéric Blanc-Brude, director of EDHECinfra, suggested that rolling stock should be excluded…
Featured image for “FTfm: Infra funds can no longer play the arbitrage game”

FTfm: Infra funds can no longer play the arbitrage game

EDHECinfra’s data collection and standardisation work was mentioned in John Dizard’s column: “The real threat to margins in the infra…
Featured image for “IP&E Real Assets: Is rolling stock infrastructure?”

IP&E Real Assets: Is rolling stock infrastructure?

How many assets does an infrastructure portfolio need to be sufficiently diversified? Most institutional investors would say between 20 and…
Featured image for “P&I: As infrastructure matures, fuss on style drift grows”

P&I: As infrastructure matures, fuss on style drift grows

Doug Appel discusses the evolution of the definition of infrastructure investment in the context of EDHECinfra’s  broad market indices.…
Featured image for “P&I: Infrastructure investing ‘evolution not revolution’ for CalSTRS, official says”

P&I: Infrastructure investing ‘evolution not revolution’ for CalSTRS, official says

Infrastructure investing is “an evolution, not a revolution” for the West Sacramento-based California State Teachers’ Retirement System, said Paul Shantic, director…
Featured image for “Pensions & Investments: Indexes put bright light on unlisted assets”

Pensions & Investments: Indexes put bright light on unlisted assets

EDHEC Infrastructure Institute on June 7 launched global benchmark indexes for unlisted infrastructure equity and debt that market veterans say…
Featured image for “Infrastructure Investor: The big debate – Does ESG enhance performance?”

Infrastructure Investor: The big debate – Does ESG enhance performance?

Big debate Does ESG enhance performance? Partners Group’s Esther Peiner and EDHECinfra’s Frédéric Blanc-Brude tell us what they think. You…
Featured image for “IP&E: Chart of the Week: Alternatives investors bullish on UN SDGs”

IP&E: Chart of the Week: Alternatives investors bullish on UN SDGs

Susanna Rust reviews investors ESG focus and draws conclusions from our 2019 global infrastructure survey. …
Featured image for “SCMP: Rising rate risks erode global interest in emerging markets’ infrastructure”

SCMP: Rising rate risks erode global interest in emerging markets’ infrastructure

Sarah Zheng discusses some of the findings of our 2019 global survey. “Around 54 per cent of the respondents said…
Featured image for “Les Echos: Infrastructures – Why managers need not fear a bubble”

Les Echos: Infrastructures – Why managers need not fear a bubble

Our recent paper on the factors that drive unlisted infrastructure equity valuations and recent market trends was highlighted in French…
Featured image for “FT: ESG has no financial benefit for infrastructure groups, study finds”

FT: ESG has no financial benefit for infrastructure groups, study finds

The first ever study on ESG reporting and financial returns by Tim Whittaker and Silvia Garcia was highlighted by the…
Featured image for “IP&E Real Assets: Despite Brexit, infrastructure investors still believe in the UK economy”

IP&E Real Assets: Despite Brexit, infrastructure investors still believe in the UK economy

One of the striking findings of the 2019 global survey was the rank of the UK in investors’ perceptions for…
Featured image for “Infrastructure Investor: ‘Double-digit returns are behind us’”

Infrastructure Investor: ‘Double-digit returns are behind us’

Infrastructure is a new asset class; numerous deals had to happen before buyers and sellers discovered a ‘fair price’.” “It…
Featured image for “IP&E Real Assets: Can America build bridges (and roads)?”

IP&E Real Assets: Can America build bridges (and roads)?

The bigger issue standing in the way of higher US infrastructure investment is the lack of homogeneity in financing and procurement…
Featured image for “Infrastructure Investor: Why clearly defining infrastructure is critical”

Infrastructure Investor: Why clearly defining infrastructure is critical

Without a proper taxonomy providing a set of criteria to define infrastructure it is hard for asset managers to structure the…
Featured image for “Building benchmarks for infrastructure investors”

Building benchmarks for infrastructure investors

EDHECinfra has now built the largest database of infrastructure investment data in the world. The data has been used to…
Featured image for “Alt Assets: Better benchmarks to boost infrastructure investment in untapped markets”

Alt Assets: Better benchmarks to boost infrastructure investment in untapped markets

“EDHECinfra was created to address the knowledge gap faced by infrastructure investors. Investors need proper performance benchmarks for private infrastructure…
Featured image for “IPE Real Assets: Building an asset class from the ground up”

IPE Real Assets: Building an asset class from the ground up

EDHEC has been gathering data from asset owners to produce indices that address the specific needs of the infrastructure asset…
Featured image for “Financial Post: US$1 Trillion Infrastructure Investment Opportunity in 10 Compact with Africa Countries”

Financial Post: US$1 Trillion Infrastructure Investment Opportunity in 10 Compact with Africa Countries

According to the Annual Global Infrastructure Investor Survey 2017 by the Global Infrastructure Hub and EDHEC Infrastructure Institute-Singapore, 37 per cent of…
Featured image for “IPE Real Assets: Infrastructure managers told to ‘raise game’ or miss out on DC pensions”

IPE Real Assets: Infrastructure managers told to ‘raise game’ or miss out on DC pensions

EDHECinfra Days conference is highlighted as a must attend event as speakers discuss the number of inadequacies with the current…
Featured image for “Pensions and Investments: New Zealand Super bids to build Auckland light rail network”

Pensions and Investments: New Zealand Super bids to build Auckland light rail network

Others, looking at asset owners shouldering the design and development of city train networks, see mostly outsized risks. “It’s the…
Featured image for “Globe News Wire: EDHECinfra urges Norwegian government to reconsider exclusion of unlisted infrastructure from GPFG mandate”

Globe News Wire: EDHECinfra urges Norwegian government to reconsider exclusion of unlisted infrastructure from GPFG mandate

“The unlisted infrastructure sector is evolving rapidly to become more transparent and better benchmarked, so that large institutional investors such…
Featured image for “Success benchmarked: Initial forays into infrastructure investment benchmarks are producing results”

Success benchmarked: Initial forays into infrastructure investment benchmarks are producing results

“Without adequate performance benchmarks infrastructure investors have found it challenging to make investments in infrastructure” “Using unique asset pricing technology,…
Featured image for “FTfm: US fails to rake in infrastructure cash”

FTfm: US fails to rake in infrastructure cash

Jennifer Thompson asks why it is so hard to invest in US infra. “There is a definite demand for infrastructure…
Featured image for “The Times: The Future of Infrastructure”

The Times: The Future of Infrastructure

“Although infrastructure is illiquid, our research shows that if you can measure the risk-adjusted performance effectively, investment becomes much less…
Featured image for “Top 1000 Funds: Towards an infrastructure asset class”

Top 1000 Funds: Towards an infrastructure asset class

“Infrastructure investors today use ad hoc benchmarks for unlisted infrastructure investment. EDHECinfra wishes to establish an industry standard for the…
Featured image for “The Financial Times: Infrastructure investors seek better performance data”

The Financial Times: Infrastructure investors seek better performance data

“Three-quarters of industry representatives said they would use an infrastructure investment benchmark to understand how assets are performing, according to…
Featured image for “Infrastructure Investor: ‘Wanted’: better performance data”

Infrastructure Investor: ‘Wanted’: better performance data

“A majority of infrastructure investors agree that standardised performance data is needed to better judge returns, according to research from…
Featured image for “IPE Real Assets: Infrastructure investors reject traditional sector segmentation”

IPE Real Assets: Infrastructure investors reject traditional sector segmentation

“Traditional geographic and sectoral categories used for capital markets benchmarks have been widely rejected by institutional infrastructure investors, according to…
Featured image for “IPE Real Assets: Infrastructure: Calling time on borrowed definitions”

IPE Real Assets: Infrastructure: Calling time on borrowed definitions

As infrastructure investment grows, the boundaries are being stretched by some asset managers investing in real estate-type assets with infrastructure…
Featured image for “ETF Stream: Are infrastructure funds all that they seem?”

ETF Stream: Are infrastructure funds all that they seem?

“The Argentinian presidency of the G20 opens this month and will be marked by a focus on infrastructure investment. The…
Featured image for “Asian Venture Capital Journal: Asian LPs and infrastructure”

Asian Venture Capital Journal: Asian LPs and infrastructure

“The traditional asset managers are now having to operate in what they call the value-add space, where the asset might…
Featured image for “IPE Real Assets: Listed infrastructure funds should be ‘clearly labelled’”

IPE Real Assets: Listed infrastructure funds should be ‘clearly labelled’

“Listed infrastructure, in its current form, cannot be called an asset class. Asset managers offering so called ‘infrastructure funds’ are…
Featured image for “Infrastructure Investor: Is listed infra fake or real?”

Infrastructure Investor: Is listed infra fake or real?

EDHECinfra’s Frédéric Blanc-Brude went head-to-head with David Bentley, of GIP-backed ATLAS Infrastructure, in an Oxford-style debate at the Infrastructure Investor…
Featured image for “Inframation: Addressing currency risk in Asia”

Inframation: Addressing currency risk in Asia

“Some investors are happy to see infrastructure as a lower return/lower risk asset because they have a different balance sheet.…
Featured image for “Inframation: Survey casts doubt on greenfield risk premia”

Inframation: Survey casts doubt on greenfield risk premia

The latest Investor Perceptions of Infrastructure 2017 survey finds that investors do not require a greater risk premium to invest…
Featured image for “P&I: Institutional investors eye bigger infrastructure allocations, with focus on emerging markets”

P&I: Institutional investors eye bigger infrastructure allocations, with focus on emerging markets

Sophie Baker reported some of the findings of our 2017 global survey. “Institutional investors want to increase their allocations to…
Featured image for “Institutional Asset Manager: Infrastructure investors continue to attract global investors”

Institutional Asset Manager: Infrastructure investors continue to attract global investors

“A new global survey of major international institutional investors has found strong investor demand for infrastructure, including record levels of…
Featured image for “Infrastructure Investor: Listed infra is a sector bet”

Infrastructure Investor: Listed infra is a sector bet

Frédéric Blanc-Brude doubles down on why he thinks listed infrastructure – in its current form should not be called a…
Featured image for “Le casse-tête de la diversification des investissements en infrastructures”

Le casse-tête de la diversification des investissements en infrastructures

Sophie Roland highlights the challenges faced by infrastructure investors in terms of diversification using some insights from EDHEC research (in…
Featured image for “Top 1000 Funds: ‘Fake infra’ threatens real deal”

Top 1000 Funds: ‘Fake infra’ threatens real deal

“Support for infrastructure investment, the idea that asset owners should commit to long-term capital projects through a mix of debt…
Featured image for “EDHECinfra pleads for watchdog intervention on ‘fake infra’”

EDHECinfra pleads for watchdog intervention on ‘fake infra’

“Singapore-based EDHEC Infrastructure Institute has called on the US Securities and Exchange Commission and the European Securities and Markets Authority…
Featured image for “Inframation: Why listed infrastructure still divides opinion”

Inframation: Why listed infrastructure still divides opinion

“Some active managers now they can deliver the infrastructure story, and because infrastructure is fashionable it sells. But all they…
Featured image for “In the mood for loans: Indexation coming to infrastructure investment market”

In the mood for loans: Indexation coming to infrastructure investment market

“This report discusses two topics: first, what we see as a major achievement for the infrastructure market with the June…
Featured image for “Benchmarking: Measuring up”

Benchmarking: Measuring up

Alternative asset classes all started off as exotic, undocumented propositions. Hedge funds, venture capital, commodities, even private real estate once…
Featured image for “EDHECinfra benchmarks show the promise of portfolio diversification”

EDHECinfra benchmarks show the promise of portfolio diversification

Frederic Blanc-Brude writes for Inframation post and explains how the EDHEC Infrastructure Institute’s new infrastructure benchmarks measure performance, asset pricing,…
Featured image for “Fake infra? They beg to differ”

Fake infra? They beg to differ

EDHECinfra’s research paper “Searching for a listed infrastructure asset class” is the topic of debate in an Infrastructure Investor roundtable.…
Featured image for “Global investors are cautious of China’s ‘One Belt, One Road’”

Global investors are cautious of China’s ‘One Belt, One Road’

Douglas Appell looks at the attractiveness of one-belt-one-road infrastructure projects for international investors. “It becomes a question of how feasible…
Featured image for “The Financial Times: Listed infrastructure investment is a great story, but it is a fake”

The Financial Times: Listed infrastructure investment is a great story, but it is a fake

“For the past 15 years infrastructure investment has been the preserve of large sophisticated investors. It is rapidly becoming more…
Featured image for “First benchmarks for infrastructure”

First benchmarks for infrastructure

This story was originally published by top1000funds.com “EDHEC Infrastructure Institute is releasing 384 indices covering private infrastructure equity and debt…
Featured image for “Inframation: Singapore based EDHECinfra to launch Asia indices”

Inframation: Singapore based EDHECinfra to launch Asia indices

EDHECinfra plans to launch new indices that will enable life insurance companies to further increase their exposure to Asian infrastructure,…
Featured image for “Funds Global: Infrastructure indices launched in Singapore”

Funds Global: Infrastructure indices launched in Singapore

“Our benchmarks will change the way investors approach and manage their infrastructure investments,” said Frédéric Blanc-Brude, director of the Singaporean…
Featured image for “IPE Real Estate: EDHEC launches infrastructure debt and equity indices”

IPE Real Estate: EDHEC launches infrastructure debt and equity indices

EDHEC Infrastructure Institute Singapore (EDHECinfra) is releasing 384 infrastructure debt and equity indices. The indices are designed to change how…
Featured image for “Infrastructure Investor: Listed infra, the asset class that wasn’t?”

Infrastructure Investor: Listed infra, the asset class that wasn’t?

“Listed infrastructure tends to be very high volatility, very highly correlated with the market; not at all what you think…
Featured image for “IP&E Real Assets: Asset Allocation: Saying no to infrastructure”

IP&E Real Assets: Asset Allocation: Saying no to infrastructure

Rachel Fixsen discusses NBIM’s decision not invest in infrastructure. “Frédéric Blanc-Brude, director of EDHEC Infrastructure Institute, says the decision not…
Featured image for “Seeing growth in greenfield funds”

Seeing growth in greenfield funds

Douglas Appell looks at the development of funds that give investors access to greenfield infrastructure. “In a recent interview, Frederic…
Featured image for “Investors arrive at infrastructure investing from different paths”

Investors arrive at infrastructure investing from different paths

Douglas Appell examines how investors end up investing in infrastructure and asks if things could improve. “Frederic Blanc-Brude, Singapore-based director…
Featured image for “EDHEC spearheads infrastructure research in Singapore”

EDHEC spearheads infrastructure research in Singapore

Partly funded with a grant by the Monetary Authority of Singapore, the research by EDHEC Infrastructure Institute-Singapore (EDHECinfra) aims to…
Featured image for “Real Assets: The sting in the loan tail”

Real Assets: The sting in the loan tail

Frédéric Blanc-Brude and Majid Hasan present a rigorous – yet implementable – framework for measuring the performance of private infrastructure…