POWERED BY MOMENTUM MEDIA
AMP Capital completes $22 million infrastructure investment
AMP Capital has invested an additional $22 million in Interlink Roads as part of a plan to widen Sydney's M5 South West Motorway.
The $400 million project is expected to deliver investor returns predominantly through an extension of Interlink Roads' toll concession period to December 2026, AMP stated.
With construction to be completed by December 2014, AMP Capital head of infrastructure Australia Paul Foster said its specialist infrastructure team had been involved in the project from the beginning and co-led negotiations with the NSW Government on behalf of Interlink's shareholders.
According to AMP, the latest transaction is in line with its investment strategy of acquiring and developing infrastructure assets to generate long-term returns for its superannuation client.
AUTHOR
Staff Writer
Money Management staff writers are writers who contribute to the website from time to time. If you would like to discuss the content contained within this article please contact us.
Recommended for you
Infrastructure well-positioned to hedge against global uncertainty, says investment chief.
The fund manager remains positive on the outlook for gold and believes ongoing market volatility will provide opportunities to acquire small-cap stocks in promising sectors.
T. Rowe Price Group VP said investment strategies must adapt to an ageing population, as Australians outlive their retirement savings.
The international asset manager expects AI will reach a point in the near future where it can autonomously manage investments within certain parameters set by fund managers.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
74.26 3 y p.a(%)
2
Global X 21Shares Bitcoin ETF
72.60 3 y p.a(%)
3
Global X GlobalX FANG+ ETF
44.46 3 y p.a(%)
4
Pengana High Conviction Equities B
39.12 3 y p.a(%)
5
Pengana High Conviction Equities A
39.05 3 y p.a(%)
