Allocations

Announcing its allocations for Fiscal Year 2017, the sovereign wealth fund said it may approve an additional $200m to infrastructure "if warranted".

The US pension has upped its exposure to the asset class by investing in BIF III and Stonepeak Infrastructure Fund II’s side-car vehicle.

Out of 235 institutions surveyed, more than one-third plan to increase their exposure to infrastructure over the next three years so as to manage liabilities, a study finds.

Roughly one-third of pension executives in 20 countries polled by State Street said that their schemes were likely to increase the infrastructure allocations in the next three years.   

The New York-based infrastructure fund manager is closing in on its $12.5bn target for GIP III.

After combining infrastructure, real estate and forestland into a singular real assets unit in 2011, CalPERS looks to further consolidate its strategy.

AllianceBernstein, Babson Capital Management, MassMutual and the EIB are some of the institutions joining Bank of America.

Given infrastructure’s role in supporting economic growth, the European Commission hopes the lower risk charges for insurers will encourage them to increase allocations to the asset class.

Political and regulatory risks highlighted as major hurdles by Norway's finance ministry.