Performance

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

While the biggest opportunity in Asian emerging markets remains greenfield developments, investors are more attracted to the risk-return profile of operating assets.

Australia’s A$91.7bn sovereign wealth fund’s allocation to infrastructure surpassed that in relation to private equity and real estate this year.

Surpassing other super funds in the short, medium and long term, Australia’s infrastructure-hungry industry super funds grew assets over 20 percent last year.

The Canada Pension Plan Investment Board’s infrastructure portfolio shrunk 0.5 percent in Q1 of its 2014 fiscal year.

Over 32% of the Chinese SWF's portfolio is allocated to 'long-term investments', particularly infrastructure.

With three years to go until it needs to be realised, the Henderson PFI Secondary Fund II is in the early stages of devising an exit strategy for developer John Laing – its controversial sole asset.

Ontario Teachers’ Pension Plan said its infrastructure portfolio beat its benchmark in 2012.

Infrastructure gained 8.7% for the Caisse de depot et placement du Quebec last year. The return fell short of its 15% benchmark.

Allianz, ADIA, CPPIB and the Public Sector Pension Investment Board expect dividends to be safe ‘until at least 2017’ if the Norwegian government’s proposals – which will only affect future gas transportation contracts – are fully implemented.