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The government’s superannuation reforms, which were heavily criticised in some quarters for using crude benchmarks, will use MSCI’s unlisted benchmarks after industry consultation.
In a shift in strategy since its rebrand, Aware Super is ‘not really focused’ on supporting new fund managers or blind-pool funds, senior portfolio manager Mark Hector says.
The case of JES Global Capital, in which a borrower is alleged to have fabricated commitments, highlights the need for LP-bank co-operation.
Solar energy
The winners in categories such as personality, firm and fundraise of the year, as well as sectors like digital infrastructure and energy.
Aware Super, Cbus and Hesta say dealflow is high after a covid-induced lull in 2020, with all having ambitions to further diversify their portfolios.
Management fees remain a bone of contention across private markets, but the issue is less pronounced in infrastructure though value for money is key.
Infrastructure Investor’s LP Perspectives 2021 Study reveals a resilient LP community amid ongoing covid chaos.
A number of investors are already rumoured to be preparing to shed parts of their portfolios and the market could reach $10bn by 2023.
Low interest rates, underallocation issues and impressive performance have caused the appetite for the asset class to surge.
Investors show little appetite for first-time managers and GP stakes activity is heating up.

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