POWERED BY MOMENTUM MEDIA
Investors still believe in the UK real economy
Despite Brexit, investors still believe in the UK real economy and ranked this market third, after the US and Australia, for countries with the most potential for private infrastructure over five years, according to the EDHEC Infrastructure Institute survey.
According to the one of the largest infrastructure investor surveys, Brexit had barely impacted the UK’s top investment destination status for infrastructure investors.
This was a strong signal that long-term investors would continue to believe in the credibility of the UK infrastructure sector and the viability of the British economy in the medium term.
EDHECinfra director, Frederic Blanc-Brude, said: “Perhaps 'no deal' is a good deal for infrastructure investors. This survey combines the opinions of large, sophisticated institutional investors that have to take a view on post-Brexit UK.
“Together, the asset owners alone represent more than 10 per cent of global assets under management.
“The UK has long been one of the most active markets for infrastructure investment and represents one third of the EDHECinfra Broad Market Equity Index Universe of unlisted infrastructure companies,” he said.
Recommended for you
Removing barriers for superannuation funds to transition to modern investment products would result in members retiring with cumulatively $16 billion more by 2050, according to an FSC report.
Fund managers believe the move to internalisation has meant a greater focus on internal teams and less on the chief investment officers, according to Frontier, as it identifies internalisation as a challenge for them.
Months into potential merger talks at the request of significant shareholders, the two industry super fund-owned firms have now offered an update on the state of affairs.
Over 65 per cent of flows into the $4.3 trillion funds management industry come from superannuation, according to a report by KPMG and the FSC, but unintended consequences have arisen from the performance test.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Hills International
85.92 3 y p.a(%)
2
Acadian Global Equity Long Short Class A
33.38 3 y p.a(%)
3
Acadian Wholesale Global Eqty Long Short
33.02 3 y p.a(%)
4
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
32.66 3 y p.a(%)
5
Argonaut Natural Resources Ordiry Fully Paid Dis AUD
30.70 3 y p.a(%)
