Insights

Opinion pieces from the team, and uses cases covering private markets, infrastructure investment, climate change, social risk, and more.

Featured image for “New EDHECinfra study shows that ‘peak infra’ may be behind us”

New EDHECinfra study shows that ‘peak infra’ may be behind us

Jan. 30, 2019
New EDHECinfra research documents the factors behind the evolution of unlisted infrastructure prices over past 15 years. Common risk factors found in numerous asset classes explain the evolution of unlisted infrastructure secondary market prices. That’s the finding of a new paper drawn from the EDHECinfra /LTIIA Research Chair. Interestingly, the paper also shows that that, after a long period of
Featured image for “Selecting Reference Indices for the Infrastructure Asset Class: A survey of investor preferences and the EDHECinfra families of infrastructure indices”

Selecting Reference Indices for the Infrastructure Asset Class: A survey of investor preferences and the EDHECinfra families of infrastructure indices

Feb. 11, 2018
We examine the results of a large survey of infrastructure investors and their preferences for the segmentation of the infrastructure asset class and set out a taxonomy of unlisted infrastructure investment indices and benchmarks that will now be used to compute all EDHECinfra indices, sub-indices and custom benchmarks.
Featured image for “Building benchmarks for infrastructure investors: a long but worthwhile journey”

Building benchmarks for infrastructure investors: a long but worthwhile journey

Jan. 01, 2018
This blog was originally published on the World Bank’s PPP Blog Website. It’s past time for proper infrastructure benchmarks The Argentinian presidency of the G20 opens this month. All the signs indicate that it will be marked by a focus on infrastructure investment. Already, the G20 and OECD have announced a wide-scale data collection initiative for the purpose of creating
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The Rise of Fake Infra: The Unregulated Growth of Listed Infrastructure and the Dangers It Poses to the Future of Infrastructure Investing

Oct. 11, 2017
In this position paper, we document the dangerous rise of the so-called listed infrastructure asset class, an ill-defined series of financial products that initially targeted retail investors and now increasingly reaches institutional investors, which now represent close to a third of the sector.
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Who is afraid of Construction Risk? Portfolio Construction with Infrastructure Debt

Jul. 11, 2013
This paper is the first of a series discussing the opportunity for long-term institutional investors such as pension funds, insurance companies or sovereign wealth funds, to invest in large portfolios of infrastructure debt, both to manage their liabilities and to minimise their exposure to capital market volatility.