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John Laing takes £66m hit on Australian renewables due to MLFs

UK-listed firm says changes to Marginal Loss Factors produced ‘unfavourable results’ for three Australian renewables assets.

IFM sets ‘unprecedented’ emissions reduction targets for Australian assets

The fund manager has set targets for its seven Australian assets, covering airports, ports, a railway station and an electricity distribution business - including a 100% reduction by 2030.

QSuper’s strategy is all about bespoke relationships

Soon-to-be chief investment officer Charles Woodhouse explains why Australia’s second-biggest superannuation fund isn’t interested in asset-class silos.
Sydney skyline

Foresight Group launches first Australian infra debt fund

The UK-based fund manager will launch the Foresight Renewable Energy Income Fund this month, a debt fund targeting A$150m-A$200m that will invest in smaller-scale renewables projects.

IFM Investors closes two infra debt funds in South Korea on $420m

The two vehicles, co-managed by Hanwha Asset Management and Hyundai Investments, have received commitments from eight South Korean insurance firms.
Brisbane, Queensland

LGIAsuper hires new CIO from Equip Super

The A$13bn Australian superannuation fund has tapped Troy Rieck, who was previously chief investment officer at the A$15bn Melbourne-based superfund Equip Super, to take over as CIO.
Wind farm Western Australia

Partners Group adds Bango Wind Farm to Australian portfolio

The Swiss firm continues to invest in Australian renewables, despite the sector's current challenges, thanks to the ‘long-term tailwind’ created by factors including ageing coal-fired power stations and shareholder activism.
Statino terminus in Mumbai, India.

OTPP, AustralianSuper to invest up to $2bn in India’s NIIF

The commitments from the Canadian pension and Australian superannuation fund bring NIIF’s Master Fund to its third close on more than $1.8bn.

Morrison & Co preparing sale of PIP Fund I assets in Australia, New Zealand

The sale, from its first Public Infrastructure Partners Fund, is expected to generate strong returns in what's seen as a hot PPP market.
Sydney skyline

Australian superfunds’ infra returns fall in 2018-19

Unlisted assets, including infrastructure, continued to deliver solid returns for Australian superfunds but returns were down on 2017-18 as listed assets bounced back.
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