Macquarie Asset Management’s Post

And now for some recommended reading! Our Green Investments team graced the cover of last month's Infrastructure Investor. As the piece concludes 'wherever 'green' goes next, it seems likely that MAM's Green Investments team will be there' 💚 Full article available below.

Our Green Investments team sat down with Infrastructure Investor for their cover feature - ‘Greening the world, Macquarie Style’. From PPA pricing to the impact of interest rates and the future of the Inflation Reduction Act, the team examines how to create value in an increasingly complex sector. Read the article: https://bit.ly/4c6gOyh

How can regulatory improvements create investment opportunities in Europe’s energy transition? DWS’ Head of Infrastructure Hamish Mackenzie explains the challenge is to finance Europe’s transformation while finding value and the attractive return profiles that epitomize the asset class. Europe’s transformation can’t occur unless the infrastructure that underpins the economy and wider society is at the heart of that change. Read the full article in the Preqin 2024 Infrastructure Global Report: http://dws.co/60454sodP #EuropeanTransformation #EnergyTransition #DWSInfrastructure Hamish Mackenzie, Alice Miles, Richard Marshall For professional and institutional investors only.

We believe infrastructure is only at the beginning of a real major asset class. BlackRock Larry Fink 👇 BlackRock, the world's largest fund manager with $10 trillion assets under management, agreed to buy private-equity firm Global Infrastructure Partners (GIP) for $12.5 billion in cash and stock. This is BlackRock’s largest acquisitions since it bought Barclays’s asset management business in 2009. "We believe infrastructure is only at the beginning of a real major asset class. There are some structural demands that are going to increase the issuance of more and more infrastructure. Deficits matter it's going to be harder and harder for countries to continue to deficit finance and at the same time there's a giant need to rebuild and build out infrastructure. We have a decarbonization process more and more countries are more interested than ever before in energy independence and one of the ways in countries that do not have available hydrocarbons they're going to be doing it through wind and solar maybe other forms of decarbonization." This is a significant step for the infrastructure sector as private-market investments takes advantage of the Inflation Reduction Act and other government driven demand. Here's our other post of the Inflation Reduction Act. https://lnkd.in/evkJw86P Source. Bloomberg #energytransition #inflationreductionact #IRA2022 #netzero2050 #infrastructureinvestment #infrastructure #infrastructuresecurity #renewables #privateequity #publicmarkets

Energy transition is happening amd it will shape infrastructure investment strategy.

I attended an interesting panel on “infrastructure allocations in the current environment” as part of Infrastructure Investor Network’s 2023 Investor Forum. My view of some of the salient points made by the panelists: 1) The industry is still going through a transition period as it adapts to the higher interest rate/higher inflation environment 2) Given the uncertain macro-environment, there are more opportunities for Infra managers to enter into bilateral discussions with sellers, rather than participate in auction processes 3) Allocations of limited partners to the infrastructure sector are expected to continue to increase. There are still many institutional investors who never allocated to infrastructure and are looking to start deploying capital in the asset class 4) Climate transition and sustainability remain key areas of focus. Many European limited partners will not invest in funds that are not “Article 8” under SFDR. We are also witnessing a harmonization of the way Infra managers are reporting their ESG data #IIinvestorforum #infrastructure #infrastructureinvestment #privateequity

Embracing change in infrastructure investing, Frank Latshaw, Vice President & Portfolio Manager explores the challenges and opportunities presented by the changing market conditions. From energy security to industry reshaping and digitization, discover our optimistic outlook and competitive returns in the evolving landscape. #Dynamicfunds #investwithadvice

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Exposure to structural growth, alongside the potential for inflation-linked income, are just two of the factors that we believe make listed infrastructure an attractive global equities allocation in today’s market environment.   With 2023 a challenging year for valuations across the asset class, First Sentier Investors shares its outlook for global listed infrastructure with InvestorDaily, talking through exciting developments ranging from M&A activity to growing appetite for capital expenditure.   View the article here: https://lnkd.in/gmgsPuJS

Discover the key drivers of global investor sentiment in the infrastructure sector with our latest Q2 2024 Infrastructure Pulse Survey Report: Europe and The Americas, created in collaboration with the Global Infrastructure Investor Association (GIIA). This comprehensive report highlights crucial sector trends and provides valuable insights into key investor considerations, which include everything from the current equity fundraising landscape, debt markets, ESG priorities, to pressing geopolitical challenges and more. Read the full report here: https://okt.to/Z1yrWx Jay Moody, Wayne Jephson, Jason Clatworthy, Michael R Farkas, Paul Aversano, Anthony Caporrino, Xuong Liu, Fabio G. Pires, Jonathan Gibbons, Bhavik Hathi, Ashish Bansal, Philip Mitchell, Stella Yuan, Scott Foster, David Willis, Vivian Santora, Victoria Whitman