POWERED BY MOMENTUM MEDIA
AMP Capital’s infrastructure platform raises US$400m
AMP Capital's global infrastructure platform raised nearly US$400 million ($557 million) cumulatively for its second and third close, surpassing US$1 billion in new commitments.
As it nears its final close of US$2 billion the investor commitments combined with the platform's existing portfolio of diversified European infrastructure equity assets mean the platform is more than three quarters towards meeting its target.
AMP Capital global infrastructure fund managing partner, Boe Pahari, said "investors have come to understand the many benefits that infrastructure provides to a portfolio such as low volatility, high yield, GDP and inflation linkage, and low correlation with equities".
The platform's investment mandate is to focus on mature, brownfield assets that hold monopolies or long-term contracted revenues in sectors offering the best relative value such as transport, energy, communication, and utilities.
Also commenting, AMP Capital chief executive international, Anthony Fasso, said the offering was resonating with both new clients and existing investors.
"New clients have come from Japan, the Middle East, Denmark, Finland, Spain, Switzerland, Canada, and the US," he said.
Recommended for you
As market volatility persists, some super funds are pivoting defensively, while others are strategically positioning to capitalise on emerging opportunities.
New data has shown a progressive deterioration in risk appetite among instos even prior to Donald Trump’s latest round of tariffs.
UniSuper has reached “peak investment” in US assets and is now preparing to reassess its exposures amid ongoing sharemarket volatility.
Investors have slashed their US equity allocations to the lowest level on record, according to new data from Bank of America.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
93.34 3 y p.a(%)
2
Global X GlobalX FANG+ ETF
36.96 3 y p.a(%)
3
GAM LSA Private Shares AU I
34.22 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
29.68 3 y p.a(%)
5
VanEck Video Gaming and eSports ETF (AU)
28.89 3 y p.a(%)
