Big beasts, comebacks and the best assets

Our latest edition of the ‘Month in Polls’ brings you a ‘best of’ selection of the polls we ran on www.infrastructureinvestor.com during the summer months of July and August.

With Brookfield Asset Management announcing it had raised a whopping $6.23 billion (and counting) for Brookfield Infrastructure Fund II shortly after CVC Capital Partners called it quits on its maiden infrastructure vehicle, we felt it appropriate to ask readers just who can raise big funds nowadays. Your answer was unequivocal: only the big beasts like Brookfield or Global Infrastructure Partners.

Another interesting contrast came when the European Investment Bank (EIB) announced the close of its first project bond deal, capping a month of considerable activity in the European project bond market. So does this mean European project bonds are set for a big comeback? Turns out, it doesn’t really matter either way because there are barely any projects across Europe to close, you told us.

Finally, with some investors picking up more and more GDP-linked assets at a time when core infrastructure, especially across Europe, appears inflated, we asked readers if it was time to shift to more economic infrastructure.

While some of you thought the time was right to shift to GDP-linked assets, the majority were evenly split between sticking to core infrastructure and arguing it was never wise to stop buying economic infrastructure in the first place.